Hi-Lex Corporation records extraordinary gain from investment sale
Hi-Lex Corporation announced today that it will record a gain on the sale of investment securities as an extraordinary profit. This gain resulted from the sale of a portion of its held investment securities, specifically one listed security. The company states that the purpose of this sale is to reduce policy-held shares, improve asset efficiency, and utilize the proceeds as capital for growth investments and shareholder returns.
The gain on sale of investment securities, amounting to JPY 909 million, was realized on August 27, 2025. This extraordinary profit will be recorded in the cumulative period of the fourth quarter of the fiscal year ending October 2025.
Regarding the impact on the full-year consolidated results for the fiscal year ending October 2025, Hi-Lex Corporation is currently assessing the situation. The company stated that if a revision to the earnings forecast becomes necessary, it will be announced promptly. Hi-Lex Corporation also confirmed its ongoing commitment to improve asset efficiency by continuing to sell policy-held shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Hi-Lex Corporation publishes news
Free account required • Unsubscribe anytime