NTN announced the Assignment of Fixed Assets (change of assignment schedule)
* Profit from sale represents an estimated amount obtained by deducting estimated expenses to be incurred in the assignment from the price of assignment.
3. Reason for the change
After the previous schedule was disclosed, the assignee requested that “the assignment schedule be moved forward for the purpose of establishing a business on the site earlier,” and thus the change was made to the assignment schedule.
4. Outline of the assignee
No change from previously disclosed information.
5. Assignment schedule
March 25, 2015: The Board of Director's resolution
End of March 2015: Settlement, transfer of ownership
6. Earing forecast for future years
The assignment of these fixed assets was expected to have special profits that would be recorded in the fiscal year ending in March 2016, however special profits following this change to the assignment schedule are expected to be recorded in the fiscal year ending in March 2015. There is no change required for the full-year earnings forecast for the fiscal year ending in March 2015 that was disclosed in “Notice Regarding Revised Full-year Earnings Forecast” on October 31, 2014.
*Profit from sale represents an estimated amount obtained by deducting estimated expenses to be incurred in the assignment from the price of assignment.
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