Tohokushinsha forecasts 1.2 bn yen extraordinary gain from share sale

Tohokushinsha Film Corporation announced its decision to sell a portion of its listed investment securities, expecting to record an extraordinary gain of approximately 1.2 billion yen. This sale aligns with the company's "Financial and Capital Strategies" under its mid-term management plan, which aims for "structural reforms" and "securing new revenue streams." The proceeds from this sale are anticipated to be recognized as extraordinary income in the third quarter of the consolidated fiscal year ending March 2026.

The company's strategy includes reducing strategically held shares by approximately 50%, a goal communicated in May 2024. This divestment, involving one listed security, is a step towards achieving that target and improving the company's financial structure. The reported gain is an estimate based on current share prices and may fluctuate due to future market movements.

Tohokushinsha is actively pursuing structural reforms, including the sale or withdrawal from unprofitable businesses and soliciting voluntary retirements, as announced in October 2025. While the company is implementing various measures to improve its financial position, it has not yet published its consolidated earnings forecast for the fiscal year ending March 2026 due to ongoing changes in its business and external environment.