Takara & Company (TYO:7921) is transferring its non-current assets, which will result in an extraordinary income of approximately 1.8 billion yen, according to its Tokyo Stock Exchange filing on Feb. 27.
The assets, located in Toshima-ku, Tokyo, include land and buildings.
The transfer, scheduled for March 2025, will not affect net sales or operating profit but will increase profit attributable to owners by 41.4% to 4.1 billion yen for the fiscal year ending May 31.
Takara & Company shares gained 3% at market close.
Price (JPY): $3360.00, Change: $+100, Percent Change: +3.07%
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