October 18, 2023

Company name:

NOK CORPORATION

Representative:

Masao Tsuru

Representative Director, CEO

Securities code:

7240

Contact person:

Kiyoshi Igarashi

Manager, IR Department

(TEL: +81-3-5405-6372)

Notice of Posting of Gain on Sales of Investment Securities (Extraordinary Income)

NOK Corporation (the "Company") announces the following gain on sales of investment securities that resulted from the sale of a part of the investment securities held by the Company.

1. Reasons for the sale of investment securities

For efficient management of assets held by the Company

2. Date of accrual of gain on sales of investment securities September 2023

３． Details of investment securities sold

  1. Securities sold: １６ listed stocks held by the Company
  2. Gain on sales of investment securities: 6,040 million yen

4. Outlook

The above gain on sales of investment securities will be posted as extraordinary income in the consolidated financial results for the second quarter of fiscal year ending March 31, 2024. The Company is currently examining the impact on its consolidated financial results for the second quarter and full year ending March 31, 2024, including other factors, and will promptly announce any matters requiring disclosure.

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Disclaimer

Nok Corporation published this content on 18 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2023 06:03:29 UTC.