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Imagica Robot Holdings Inc to Sell Shares in Subsidiary; Expects Extraordinary Profit for Q1 of FY 2014


Tuesday, 25 Jun 2013 02:00am EDT 

Imagica Robot Holdings Inc announced that it will sell 12,830 shares (a 76.28% stake) in a subsidiary GENCO INC for JPY 428,008,000 in total to a Tokyo-based company on June 28, 2013. As a result, the Company will hold no stake in the subsidiary and expects the extraordinary profit of JPY 229 million caused by gain on sale of shares in subsidiary, for the first quarter of the fiscal year ending March 2014. 

Company Quote

500.0
3.0 +0.60%
30 Jan 2015