Kewpie Corporation (JP:2809) has released an update.
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Kewpie Corporation has announced the strategic sale of a significant fixed asset in Toyota-shi, Aichi, Japan, to enhance its financial structure and operational resource utilization. The company anticipates registering approximately 12 billion yen from the sale as extraordinary gains in the first quarter of the fiscal year ending November 2025. Details regarding the impact of this transaction on the company’s consolidated financial forecasts will be provided in due course.
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