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Nippon Paper to Book Special Gain on Sale of Lintec Shares
Nippon Paper Industries announced it will sell roughly 20 million shares it holds in Lintec through a secondary offering and book a special gain in the fiscal year ending March 2027. The company said it determined that selling the Lintec shares will help improve capital efficiency and contribute to enhancing the medium- to long-term corporate value of both companies. It said the impact on earnings will be disclosed promptly as necessary once the gain on sale is finalized.
3863.JP · Capital · Positive Nippon Paper will book a special gain from selling Lintec shares, improving capital efficiency.
7966.JP · Capital · Neutral Lintec is the subject of the share sale, but impact on its operations is not detailed.