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News Release 2015



Notice of Sale of Investment Securities and Associated Gain in Extraordinary Income



December 15, 2015



Tokai Carbon Co., Ltd. (with head office at 2-3, Kita-Aoyama 1-chome, Minato-ku, Tokyo, "Tokai Carbon") hereby announces that it has recorded a gain in Extraordinary income as a result of the sale of certain investment securities. Details are follows:


  1. Reason for sale

    Investment securities were sold for the efficiency of assets and improvement of the financial standing.


  2. Applicable accounting period

    December 15, 2015


  3. Details of sale

    Classification of asset sold: 9 publicity listed securities held by Tokai Carbon Other Income recorded from sale: JPY 5,814 million


  4. Future implications

The sale of investment securities described above will be recorded as Extraordinary income in the consolidated financial results for the fiscal year ending December 31, 2015.

In the meantime, the Company will make an announcement immediately if any matters requiring disclosure arise as a result of changes in the impact of the transfer on the Group's financial results.


End of Notice




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Tokai Carbon Co. Ltd. issued this content on 2015-12-17 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-17 12:47:59 UTC

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