Recognition of Extraordinary Income on Disposal of Securities

11 Jun 2008
NSG Group (“the Group”) today announces its decision to dispose of certain investment securities, the sale of which will give rise to extraordinary income in the financial year to 31 March 2009, as detailed below.

The Group will sell a part of its investment securities (stocks listed on the Tokyo Stock Exchange) in the market. The proceeds from these sales are expected to be approximately JPY 9 billion.

Consequently, it is estimated that the Group will recognize extraordinary income of approximately JPY 7 billion on both a consolidated and non-consolidated basis in its result for the first quarter of the financial year to 31 March 2009.