2017Notice: Sales of Investment Securities Owned by Komatsu Ltd.
Sep. 15, 2017
Komatsu Ltd. (hereafter the "Company") has sold a part of the investment securities owned by the Company in accordance with the resolution made in the Board of Directors' meeting on September 14. As a result, the Company will record a gain (extraordinary income) from the sale of these securities.
1.Reason for the sale
To promote more efficient utilization of assets and strengthen the financial position of the Company.
2.Description of the sale
1) One brand of investment securities
2) Gain on the sale: Approx. JPY 31 billion
As a result of the sale of the investment securities described above, the Company will record an extraordinary income of approx. JPY 31 billion for the first six-month period (April 1 - September 30, 2017) of the fiscal year ending March 31, 2018.
The Company will promptly disclose the figures, when the revisions of projected consolidated and/or nonconsolidated business results are necessary.
- The information described is at the time of presentation and may be subject to advance notice.