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Uchiyama Holdings Co Ltd to Sell Properties of Subsidiary; Expects Extraordinary Profit and Extraordinary Loss for FY 2014

Tuesday, 17 Sep 2013 02:00am EDT 

Uchiyama Holdings Co Ltd announced that its Fukuoka-based subsidiary will sell an Ehime-based property for JPY 1,300 million and a Mie-based property for JPY 1,381 million to a Japan-based company, and will sell two Fukuoka-based properties for JPY 860 million and JPY 310 million respectively as well as a Niigata-based property for JPY 650 million to another Japan-based company, on September 30, 2013. As a result, the Company expects an extraordinary profit of approximately JPY 1,276 million caused by gain on sale of property and extraordinary loss of approximately JPY 2 million caused by loss on sale of property, for the fiscal year ending March 2014. 

Company Quote

8.0 +1.27%
31 Oct 2014