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FUTABA CORPORATION shares extend gains in late afternoon trading on policy shareholding reduction plan

Fri Jun 5, 2026 3:14 pm JST Catalyst

FUTABA CORPORATION <6986> extended its gains in Friday's late afternoon trading. Around 3:00 p.m., FUTABA announced it set a policy shareholding reduction target to lower the ratio of these holdings to consolidated net assets to below 10% by the end of March 2030. The announcement fueled buying interest as the firm expects to record approximately 2.6 billion yen in gains on the sale of investment securities by the end of September 2029 through the partial divestment. For the fiscal year ending March 2027, FUTABA expects approximately 700 million yen in gains, which is already factored into its earnings forecast, noting it will promptly disclose any revisions if they arise.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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