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Notice of Posting of Gain on Sale of Investment Securities (Extraordinary Income)

2023/06/27

CAC Holdings Corporation (the “Company”) announces the following gain on sale of investment securities (extraordinary income) that resulted from the sale of a part of the investment securities held by the Company.

 

1. Reasons for the sale of investment securities

The Company plans to enhance asset efficiency and use the gain on sale as funds for investment for the growth of the Group’s business.

 

2. Period for accrual of gain on sale of investment securities

The second quarter of the fiscal year ending December 31, 2023

 

3. Details of investment securities sold

(1) Stocks sold                                      Nine listed stocks held by the Company

(2) Gain on sale of investment securities    Approximately 554 million yen (plan)

 

4. Outlook

The above gain on sale of investment securities will be posted as part of extraordinary income in the consolidated financial statements for the second quarter of the fiscal year ending December 31, 2023. The consolidated results forecast for the fiscal year ending December 31, 2023, remains unchanged.

 

End.