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Money Forward to Book 1.73 Billion Yen Gain from Sale of Operational Investment Securities

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Money Forward (TYO:3994) flagged a 1.73 billion-yen gain from the sale of operational investment marketable securities by two subsidiary funds.

The Tuesday sale of the one issue of unlisted stock, according to a same-day filing on the Tokyo bourse, had a revenue of 2.13 billion yen. Hirac Fund No 1 Investment and Hirac Fund No 1 Extension Investment sold the stake to better support the investee's growth.

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