Sansan, Inc. (“the Company”) announces today that a resolution was passed at the meeting of its Board of Directors held on August 19, 2024, regarding the decision to sell part of its holdings of investment securities, it is expecting to book gain on sale of investment securities as set out below.
To improve the efficiency of owned assets
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It is planned that the abovementioned gain on sale of investment securities will be recorded as extraordinary income in the second quarter financial results for the fiscal year ending May 2025.
For profit attributable to owners of parent, the Company refrains from disclosing a concrete forecast because it is difficult to precisely estimate at this time.