Financial Wire

H2O Retailing Confirms 5.1 Billion Yen Gain from Securities Sale

-- H2O Retailing (TYO:8242) said it has finalized the gain from the sale of investment securities, recording an extraordinary income of 5.1 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.

The company sold 3.7 million shares of Toho (TYO:9602), reducing its stake to 31.8 million shares, or 3.8% of total issued shares excluding treasury stock.

The transaction was completed on April 15, with the gain expected to be recorded in the first quarter of the fiscal year ending March 2027.

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