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Other Disclosures2986LA Holdings Co.,Ltd.Real estate

Notice Regarding the Sale of Real Estate Held for Sale by a Subsidiary

The subsidiary 株式会社ラ・アトレ sold the land and buildings of the “SWiTCH” series in Matsubara, Setagaya-ku, Tokyo. Details of the buyer and sale price have not been disclosed due to confidentiality obligations.

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Announced details

SWiTCH Higashi-Matsubara (SWiTCH series)
Applicable field (uses covered by this announcement)

Rental residences and dual-use housing suitable for SOHO use

What the company reported numerically
Quantitative Effects

The gain on sale was less than 30% of consolidated ordinary profit and net income attributable to owners of the parent for the immediately preceding consolidated fiscal year

Relationship between the counterparty and the company
LA Holdings Co.,Ltd.2986
Relationship with the Company

There are no notable capital or personnel relationships with the buyer. The buyer has not been disclosed due to confidentiality obligations.

Location (as indicated in this announcement)

Matsubara, Setagaya-ku, Tokyo

Site area: 413.26 m²; total floor area: 837.00 m²; total units: 13
Contract Value

The sale price was less than 10% of consolidated net sales for the immediately preceding consolidated fiscal year (specific amount not disclosed)

Impact on Business Performance

Already factored into the earnings forecast for the current consolidated fiscal year

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredSWiTCH Higashi-Matsubara (SWiTCH series)
Relationship with the CompanyThere are no notable capital or personnel relationships with the buyer. The buyer has not been disclosed due to confidentiality obligations.
Contract ValueThe sale price was less than 10% of consolidated net sales for the immediately preceding consolidated fiscal year (specific amount not disclosed)
Applicable areaRental residences and dual-use housing suitable for SOHO use
LocationMatsubara, Setagaya-ku, Tokyo
Location scaleSite area: 413.26 m²; total floor area: 837.00 m²; total units: 13
Quantitative EffectsThe gain on sale was less than 30% of consolidated ordinary profit and net income attributable to owners of the parent for the immediately preceding consolidated fiscal year
Impact on Business PerformanceAlready factored into the earnings forecast for the current consolidated fiscal year
Items this document does not state (10)
CounterpartyCounterparty overviewOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateUsage historySource

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 sale was made because the company sold property held for sale. Details of the buyer and sale price have not been disclosed due to confidentiality obligations with the buyer under the relevant real estate sale and purchase agreement.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Sale of Real Estate Held for Sale by a Subsidiary | LA Holdings Co.,Ltd. (2986) timely disclosure | Komori