Furukawa Electric to book 16 bn yen gain from asset sale

Furukawa Electric Co., Ltd. expects to record an extraordinary gain of approximately 16 billion yen from the sale of a portion of its listed investment securities. The transaction, scheduled for December 2, 2025, aims to enhance asset efficiency and improve the company's financial position. This gain will be recognized in the third quarter of the fiscal year ending March 31, 2026.

The company stated that the estimated gain on sale has already been incorporated into its financial forecasts for the fiscal year ending March 2026. Furukawa Electric will disclose the exact amount of the extraordinary income once the selling price is determined and the transaction is executed, with any necessary revisions to its earnings forecasts to follow promptly.