Hi-Lex records bn yen extraordinary profit from asset sale
Hi-Lex Corporation announced today that it has recorded a gain on the sale of investment securities totaling JPY 2.393 billion, which will be recognized as an extraordinary profit. This strategic move aims to enhance asset efficiency by reducing policy-held shares, thereby providing resources for growth investments and shareholder returns.
The sale involved one listed security held by the company, with the gain recognized on December 25, 2025. This divestment aligns with Hi-Lex Corporation's ongoing efforts to streamline its portfolio and improve capital allocation.
The company is currently evaluating the impact of this transaction on its consolidated financial results for the fiscal year ending October 2026. Hi-Lex Corporation has committed to promptly disclose any revisions to its earnings forecast should they arise.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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