Decision and Details
Board of DirectorsSale of real estate held for sale
The property is planned for use in a joint condominium development project. The buyer and sale price are being withheld from disclosure in accordance with confidentiality obligations.
The gain or loss on sale will be an amount equivalent to at least 30% of consolidated ordinary profit and profit attributable to owners of the parent for the immediately preceding consolidated fiscal year. The consolidated earnings forecast for the fiscal year ending May 2026 is currently being reviewed, and any necessary revision will be disclosed promptly.
| Item | Details |
|---|---|
| Matter Covered | Sale of real estate held for sale |
| Decision-Making Body | Board of Directors |
| Decision Date | 24 March 2026 |
| Implementation Date | Handover date: 28 April 2026 (scheduled) |
| Amount | Sale price: An amount equivalent to at least 10% of revenue at the end of the fiscal year ended May 2025; gain or loss on sale: An amount equivalent to at least 30% of consolidated ordinary profit and profit attributable to owners of the parent for the fiscal year ended May 2025 (specific amount undisclosed) |
| Quantity / scale | Land in Bunkyo-ku, Tokyo; site area: 1,100.10 m²; portion equivalent to 80% of the Company's ownership interest |
| Impact on Business Performance | The gain or loss on sale will be an amount equivalent to at least 30% of consolidated ordinary profit and profit attributable to owners of the parent for the immediately preceding consolidated fiscal year. The consolidated earnings forecast for the fiscal year ending May 2026 is currently being reviewed, and any necessary revision will be disclosed promptly. |
| Reason | The property is planned for use in a joint condominium development project. The buyer and sale price are being withheld from disclosure in accordance with confidentiality obligations. |
| Related previous disclosures | "Consolidated Earnings Forecast for the Fiscal Year Ending May 2026," announced on 15 July 2025 |
| Future plans | The sale and purchase agreement is scheduled to be executed on 26 March 2026, and handover is scheduled for 28 April 2026. Any necessary revision to the earnings forecast will be disclosed promptly. |
Items this document does not state (2)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The property is planned for use in a joint condominium development project. The Company is withholding disclosure of the buyer and sale price in accordance with its confidentiality obligations to the buyer. The impact on the earnings forecast is currently being reviewed, including in light of other factors.