Komori
M&A and Subsidiary Changes2894Ishii Food Co.,Ltd.Food

Notice Regarding the Transfer of Fixed Assets

The Company has decided to transfer the land at its Yachiyo Plant to DAIWA HOUSE INDUSTRY CO.,LTD. for approximately ¥8.0 billion. The Company expects to record an extraordinary gain in fiscal 2030 based on the difference from the carrying amount, although the amount of the gain on the transfer has not yet been determined.

Worth reading
39Recurring
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
8000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Disposal of Fixed Assets
CounterpartyDAIWA HOUSE INDUSTRY CO.,LTD.
Disclosing companyIshii Food Co.,Ltd.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceApproximately ¥8,000 million (transfer price)
Amount of extraordinary income (loss)Extraordinary gain: expected to be recorded in fiscal 2030. The amount of the gain on the transfer has not yet been determined.
Impact on Business Performance

An extraordinary gain is expected to be recorded in fiscal 2030. The amount of the gain on the transfer has not yet been determined.

This transaction
ItemDetails
Transaction nameDisposal of Fixed Assets
Counterparty nameDAIWA HOUSE INDUSTRY CO.,LTD.
Acquisition priceApproximately ¥8,000 million (transfer price)
Amount of extraordinary income (loss)Extraordinary gain: expected to be recorded in fiscal 2030. The amount of the gain on the transfer has not yet been determined.
Impact on Business PerformanceAn extraordinary gain is expected to be recorded in fiscal 2030. The amount of the gain on the transfer has not yet been determined.
Date of board resolution27 March 2026
Contract Date31 March 2026
Execution Date / Effective DateScheduled for July 2030 (delivery date of the transferred assets)
Items this document does not state (24)
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 amountValuation methodologyIndependent valuation institutionSpecial 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.

In considering the construction of a new plant to address the aging Yachiyo Plant, the Company has decided to transfer the real estate after comprehensively taking into account its funding plan and other factors.

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 Transfer of Fixed Assets | Ishii Food Co.,Ltd. (2894) timely disclosure | Komori