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M&A and Subsidiary Changes2653AEON KYUSHU CO.,LTD.Retail

Notice Regarding the Recognition of an Extraordinary Gain from the Transfer of Fixed Assets

The Company has decided to transfer to AEON MALL CO., LTD. the real estate trust beneficiary interest in the former AEON Kagoshima Kamoike store that it holds. In connection with this transfer, the Company expects to record an estimated gain on the sale of fixed assets of ¥4,900 million as extraordinary income in the third quarter of the fiscal year ending February 2027.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
4900
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

This transaction
CounterpartyAEON MALL CO., LTD.
Disclosing companyAEON KYUSHU CO.,LTD.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceThe transfer price will not be disclosed pursuant to an agreement with the transferee.
Amount of extraordinary income (loss)Gain on sale of fixed assets (extraordinary income): ¥4,900 million (estimate), scheduled to be recognized in the third quarter of the fiscal year ending February 2027
Impact on Business Performance

The Company will record a gain on the sale of fixed assets as extraordinary income in the third quarter of the fiscal year ending February 2027. The impact on earnings, including other factors, is currently under review.

Procedures and assumptions
Valuation methodologyNegotiations based on an appraisal by a real estate appraiser independent of the Company, AEON MALL CO., LTD. and AEON CO.,LTD.
Independent valuation institutionReal estate appraiser
This transaction
ItemDetails
Transaction nameThis transaction
Counterparty nameAEON MALL CO., LTD.
Acquisition priceThe transfer price will not be disclosed pursuant to an agreement with the transferee.
Amount of extraordinary income (loss)Gain on sale of fixed assets (extraordinary income): ¥4,900 million (estimate), scheduled to be recognized in the third quarter of the fiscal year ending February 2027
Impact on Business PerformanceThe Company will record a gain on the sale of fixed assets as extraordinary income in the third quarter of the fiscal year ending February 2027. The impact on earnings, including other factors, is currently under review.
Date of board resolution20 October 2026
Contract Date2 November 2026 (scheduled)
Execution Date / Effective Date2 November 2026 (scheduled)
Valuation methodologyNegotiations based on an appraisal by a real estate appraiser independent of the Company, AEON MALL CO., LTD. and AEON CO.,LTD.
Independent valuation institutionReal estate appraiser
Items this document does not state (22)
Name of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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 Company decided to make the transfer after comprehensively considering the assets it owns, with the aim of using its assets more efficiently and strengthening its financial position.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recognition of an Extraordinary Gain from the Transfer of Fixed Assets | AEON KYUSHU CO.,LTD. (2653) timely disclosure | Komori