Ichinen Holdings <9619> announced on the 9th that it will transfer part of its shares of its subsidiary, Ichinen Parking, to Ichinen Parking. As a result, it is expected to recognize special profit in the individual financial statements for the fiscal year ending March 2025 (from April 1, 2024 to March 31, 2025).
In the individual financial statements for the fiscal year ending March 2025, it is planned to report a special profit of 1.127 billion yen from the sale of these shares related to the equity sale of affiliated companies.
Note that the profit from the sale of shares in affiliated companies above will be eliminated in the consolidated financial statements, so no profit from the sale of shares will occur in the consolidated accounts.