Decision and Details
Board of DirectorsSale of property held for sale and outsourcing of services related to the property
Sale under the capital recycling strategy. To address T-Gaia Corporation's need to reduce its property holdings and secure time to search for relocation sites, the Company will consistently promote the entire project after the sale, including attracting a successor tenant, planning renovation work as necessary and selecting the ultimate buyer
The impact of the sale of the property has already been incorporated into the consolidated earnings forecast for the fiscal year ending August 2027. The outsourcing fees are scheduled to be received when the buyer sells the property, and no impact on consolidated earnings for the fiscal year ending August 2027 is currently expected
| Item | Details |
|---|---|
| Matter Covered | Sale of property held for sale and outsourcing of services related to the property |
| Decision-Making Body | Board of Directors |
| Decision Date | 13 November 2026 |
| Implementation Date | 24 November 2026 (scheduled contract date and settlement date) |
| Period Covered | The service outsourcing agreement is expected to cover a certain period based on the lease term with T-Gaia Corporation |
| Amount | Sale price: an amount equivalent to no more than 10% of the Company's sales for the immediately preceding fiscal year (the fiscal year ended August 2026). The specific sale price and outsourcing fees are not disclosed |
| Quantity / scale | One plot of land and building. More than 40 years have elapsed since completion |
| Impact on Business Performance | The impact of the sale of the property has already been incorporated into the consolidated earnings forecast for the fiscal year ending August 2027. The outsourcing fees are scheduled to be received when the buyer sells the property, and no impact on consolidated earnings for the fiscal year ending August 2027 is currently expected |
| Reason | Sale under the capital recycling strategy. To address T-Gaia Corporation's need to reduce its property holdings and secure time to search for relocation sites, the Company will consistently promote the entire project after the sale, including attracting a successor tenant, planning renovation work as necessary and selecting the ultimate buyer |
| Related previous disclosures | “Notice Regarding the Acquisition of Property Held for Sale,” dated 21 October 2026 |
| Future plans | The contract and settlement are scheduled for 24 November 2026. After the sale, under the service outsourcing agreement, the Company will proceed with attracting a successor tenant, planning renovation work as necessary and selecting the ultimate buyer |
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 sell property held for sale under the capital recycling strategy while continuing to consistently promote the property's operation and redevelopment project after the sale. The Company will continue providing services for a certain period based on the lease term with T-Gaia Corporation.