Mitsubishi Research Institute to sell JBS stake for $1.4bn gain

Mitsubishi Research Institute will sell 1.7 million shares of Japan Business Systems through subsidiary Mitsubishi Research Institute DCS, reducing its stake from 7.0 million shares.

The divestiture aims to increase Japan Business Systems' tradable share ratio as it seeks a Prime Market listing. Mitsubishi Research Institute expects an extraordinary gain of approximately 1.4 billion yen in fiscal 2025 results.

The company will retain Japan Business Systems as an equity-method affiliate after the sale.