Joshin Denki Co., Ltd. (JP:8173) has released an update.
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Joshin Denki Co., Ltd. is set to record an extraordinary gain in the second quarter of the fiscal year ending March 31, 2025, from the sale of 848,000 shares of ASICS Corporation. The sale, part of a secondary offering, will net the company 1,985 million yen, with the gain from the sale totaling 1,831 million yen. The company is evaluating the impact of this transaction on its annual financial forecast and will update its projections as necessary.
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