Decision and Details
Board of DirectorsAcquisition of property for sale
To address T-Gaia Corporation's need to reduce its holdings of real estate and secure time to search for a relocation site. The policy is to enhance the property's value over the longer term by leveraging its location and building specifications and attracting a successor tenant, among other measures.
The acquisition of this property is already reflected in the consolidated earnings forecast for the fiscal year ending August 2027.
| Item | Details |
|---|---|
| Matter Covered | Acquisition of property for sale |
| Decision-Making Body | Board of Directors |
| Decision Date | 21 October 2026 |
| Implementation Date | 29 October 2026 (scheduled contract execution and settlement date) |
| Period Covered | The short-term sale-and-leaseback period and a certain period until a relocation site is secured. The specific period is Not disclosed. |
| Amount | Acquisition price: not disclosed under the confidentiality agreement. The acquisition price will be equivalent to no more than 30% of net assets at the end of the fiscal year ending August 2026. |
| Quantity / scale | One property comprising land and buildings in Konan, Shiga Prefecture, approximately 5.0 km from the Ritto-Konanhigashi Interchange on the Meishin Expressway. |
| Impact on Business Performance | The acquisition of this property is already reflected in the consolidated earnings forecast for the fiscal year ending August 2027. |
| Reason | To address T-Gaia Corporation's need to reduce its holdings of real estate and secure time to search for a relocation site. The policy is to enhance the property's value over the longer term by leveraging its location and building specifications and attracting a successor tenant, among other measures. |
| Related previous disclosures | The medium-term management plan FY2026-FY2028, "A Tech-Driven Platform Strategy," is referenced, but the dates and titles of prior disclosures are Not disclosed. |
| Future plans | The contract is scheduled to be executed and settlement completed on 29 October 2026. A short-term sale-and-leaseback arrangement is planned. |
Items this document does not state (1)
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.To address the seller T-Gaia Corporation's need to reduce its holdings of real estate and secure time to search for a relocation site.