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Daikokuya Holdings Rises on Booking of Gains from Waived Executive Retirement Allowance
Daikokuya Holdings Co.,LTD. <6993> traded higher. After the close of trading on the 27th last week, the company announced that a former director had offered to waive their right to receive an executive retirement allowance, resulting in the booking of a \55 million gain from the waiver. The stock attracted buying interest on this news, coupled with a technical rebound following a sharp decline in share price levels toward the end of last week.
Separately, the company disclosed that it will sell its UK-based SPEEDLOAN FINANCE (SFL) Group to MS Asset Management (Osaka City, Chuo Ward) for \3 on the 31st. In connection with the sale of the SFL Group, the company expects to record a loss of \1.292 billion from the reversal of foreign currency translation adjustments and a gain of \163 million from the liquidation of the affiliated company, and is currently examining the impact of these extraordinary gains and losses on earnings for the fiscal year ending March 2026.
Source: MINKABU PRESS
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