We would like to inform you that as a result of selling a portion of our investment securities, we have generated a gain on sale of investment securities (extraordinary gain) as shown below.
Record
- Reason for selling investment securities
In order to improve asset efficiency and strengthen our financial position by reviewing cross-shareholdings based on the Corporate Governance Code.
- Period of accrual of gain on sale of investment securities
March 4, 2022 - March 9, 2022
- Details of sale of investment securities
(1) Stock to be sold: 1 stock of listed securities held by the Company
(2) Gain on sales of investment securities: 857 million yen
- Future outlook
As a result of this sale, a gain on sale of investment securities of 857 million yen will be recorded as extraordinary income in the consolidated and non-consolidated financial statements for the full fiscal year ending March 2022. Please note that we are currently reviewing the forecast for the fiscal year ending March 2022, including other factors. We will promptly notify you if any revisions to our business forecasts become necessary in the future.
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Contact information for inquiries from media regarding this matter
○ SB Technology Corp. Corporate Planning Division Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp