Shindengen Electric to gain JPY 2.3 bn from investment sales

Shindengen Electric Manufacturing Co., Ltd. announced on December 8, 2025, its resolution to sell a portion of its investment securities, anticipating a gain of approximately JPY 2.3 billion. This strategic move aims to enhance capital efficiency and strengthen its financial position, consistent with the Corporate Governance Code's principles regarding strategic shareholdings. The company expects to complete the sale of these listed shares by the end of December 2025.

The expected gain on sale, an estimate based on current stock prices, will be recognized as extraordinary income in the consolidated financial statements for the third quarter of the fiscal year ending March 31, 2026. This gain is a result of the company’s ongoing review of its policy-held shares.

Shindengen will promptly disclose the final results of the sale once completed. This initiative underscores the company's commitment to optimizing its asset portfolio and improving overall financial health.