TYO:9324

2 stories mentioning TYO:9324Updated 121d ago

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Yasuda Logistics to Book 5.02 Billion Yen Gain from Hulic Share Sale

Yasuda Logistics (TYO:9324) expects to record a gain of 5.02 billion yen on the sale of investment securities as extraordinary income in the first quarter of the fiscal year ending March 31, 2027, according to a Tokyo bourse filing on Friday.This gain follows the company's decision to sell 3.11 million common shares of Hulic (TYO:3003) as part of a secondary offering, with a total sale amount of 5.02 billion yen or 1,615.26 yen per share.Although the gain has been partially factored into the consolidated forecasts announced on May 8, the company is leaving its full-year projections unchanged at this time.

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Asia122d ago

Yasuda Logistics to Dispose 3.1 Million Shares in Hulic

Yasuda Logistics (TYO:9324) will dispose of 3.1 million common shares it holds in Hulic (TYO:3003) as part of the latter's secondary offering of shares in international markets, according to a Thursday filing with the Tokyo Exchange.The disposal is part of the logistics company's Vision 2030 strategy to maintain financial position and enhance shareholder return.

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