Chuo Spring completes securities sale, exceeds profit expectations

Chuo Spring Co., Ltd. announced on November 19, 2025, the completion of its investment securities sale. The company sold listed investment securities it held, with the sale date (settlement date) being November 19, 2025. The sale generated a total of 13.4 billion yen in proceeds, surpassing the initial estimate of 12.7 billion yen by 0.7 billion yen due to stock price fluctuations.

The company recorded a profit of 12.9 billion yen from this sale, also exceeding the estimated profit of 12.2 billion yen by 0.7 billion yen. This profit is expected to be accounted for as a special gain in the fiscal year ending March 2026. The company is currently reviewing its consolidated earnings forecast for March 2026, considering this and other factors, and will disclose any material changes promptly.

The proceeds from this sale will primarily fund the current fiscal year's capital expenditure plan of 8.0 billion yen. Additionally, the funds will be used for future investments, including the construction of a new building at the company's Fujioka Plant. This strategic divestment aligns with the financial strategy outlined in the "Medium-Term Management Plan 2030" to enhance asset efficiency and strengthen the financial foundation for growth investments.