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Cybozu sells shares in subsidiary and expects extraordinary profit for FY 2014

Monday, 31 Mar 2014 02:00am EDT 

Cybozu Inc:Completed sale of 1,400 shares of subsidiary Cybozu Startups, Inc. to an individual for 35 mln yen, on March 31.Says voting right in the subsidiary decreased to 30 pct (600 shares) from 100 pct (2,000 shares).Sees extraordinary profit of about 31 mln yen for gain on sale of shares in subsidiary, for fiscal year ending Dec. 2014. 

Company Quote

17 Dec 2014