Nippon Paper Industries Co., Ltd.TSE: 3863

Notice Concerning Sale of Shares

· Issued by Nippon Paper Industries Co., Ltd. via TDnet

Filed with TSE · · 3 pages · English

Summary by 6ix AI

Nippon Paper Industries Co., Ltd. has announced a secondary offering of shares in LINTEC Corporation, which it holds, to improve capital efficiency as part of its Medium-term Business Plan. The company expects to record extraordinary income from this sale and aims to enhance the corporate value of both companies involved. The sale price will be determined on the pricing date, and the company anticipates gains in its financial results for the fiscal year ending in the following year.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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