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Joshin Denki Optimizes Assets Through ASICS Share Sale
Company Announcements

Joshin Denki Optimizes Assets Through ASICS Share Sale

Joshin Denki Co., Ltd. (JP:8173) has released an update.

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Joshin Denki Co., Ltd. has announced its participation as a seller in the secondary offering of ASICS Corporation shares, planning to sell 848,000 of its common shares to improve asset efficiency. The company anticipates an extraordinary gain from this sale in the second quarter of the fiscal year ending March 2025, with the final sale price to be determined by late July 2024.

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