Komori
Disclosure3242URBANET CORPORATION CO.,LTD.Real estate

Notice Regarding the Sale of Real Estate for Sale

The Board of Directors has resolved to sell an apartment hotel in Akasaka, Minato-ku, Tokyo. The sale agreement is scheduled to be signed in July 2026, with handover and revenue recognition scheduled for the end of May 2028 and the fiscal year ending June 2028, respectively.

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Decision and Details

Board of Directors

Sale of real estate held for sale

Decision23 July 2026
Period CoveredRevenue recognition scheduled for the fiscal year ending June 2028
ImplementationAgreement signing: scheduled for July 2026; handover: scheduled for the end of May 2028
Going forwardThe sale agreement is scheduled to be signed in July 2026, handover is scheduled for the end of May 2028, and completion, handover and revenue recognition are scheduled for the fiscal year ending June 2028. If the sale affects the earnings forecast for the current fiscal year, the impact is scheduled to be incorporated into the "Earnings Report for the Fiscal Year Ended June 2026 [Japanese GAAP] (Consolidated)," scheduled for release on 6 August 2026.
AmountSale price: not disclosed, based on the confidentiality clause in the sale and purchase agreement. The sale price is expected to be at least 10% of consolidated net sales for the immediately preceding fiscal year, ended June 2026. The impact of the gain on sale on results is expected to be less than 30% of consolidated ordinary income and net income attributable to owners of the parent for the immediately preceding fiscal year.
Quantity / scaleSite area: 320.50 m² (surveyed area); total floor area: 2,337.67 m²; steel-frame structure, 14 stories above ground; 50 rooms
Reason

The buyer and sale price are not disclosed based on the confidentiality clause in the sale and purchase agreement. The reason for the sale itself is Not disclosed.

Impact on Business Performance

The impact of the gain on sale on results is expected to be less than 30% of consolidated ordinary income and net income attributable to owners of the parent for the immediately preceding fiscal year. If the sale affects the earnings forecast for the current fiscal year ending June 2027, the impact is scheduled to be incorporated into the earnings report scheduled for release on 6 August 2026.

Decision and Details
ItemDetails
Matter CoveredSale of real estate held for sale
Decision-Making BodyBoard of Directors
Decision Date23 July 2026
Implementation DateAgreement signing: scheduled for July 2026; handover: scheduled for the end of May 2028
Period CoveredRevenue recognition scheduled for the fiscal year ending June 2028
AmountSale price: not disclosed, based on the confidentiality clause in the sale and purchase agreement. The sale price is expected to be at least 10% of consolidated net sales for the immediately preceding fiscal year, ended June 2026. The impact of the gain on sale on results is expected to be less than 30% of consolidated ordinary income and net income attributable to owners of the parent for the immediately preceding fiscal year.
Quantity / scaleSite area: 320.50 m² (surveyed area); total floor area: 2,337.67 m²; steel-frame structure, 14 stories above ground; 50 rooms
Impact on Business PerformanceThe impact of the gain on sale on results is expected to be less than 30% of consolidated ordinary income and net income attributable to owners of the parent for the immediately preceding fiscal year. If the sale affects the earnings forecast for the current fiscal year ending June 2027, the impact is scheduled to be incorporated into the earnings report scheduled for release on 6 August 2026.
ReasonThe buyer and sale price are not disclosed based on the confidentiality clause in the sale and purchase agreement. The reason for the sale itself is Not disclosed.
Future plansThe sale agreement is scheduled to be signed in July 2026, handover is scheduled for the end of May 2028, and completion, handover and revenue recognition are scheduled for the fiscal year ending June 2028. If the sale affects the earnings forecast for the current fiscal year, the impact is scheduled to be incorporated into the "Earnings Report for the Fiscal Year Ended June 2026 [Japanese GAAP] (Consolidated)," scheduled for release on 6 August 2026.
Items this document does not state (2)
Governing RuleRelated previous disclosures

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 cites the confidentiality clause in the sale and purchase agreement as the reason for not disclosing the buyer and sale price. No reason for the sale itself is provided.

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Notice Regarding the Sale of Real Estate for Sale | URBANET CORPORATION CO.,LTD. (3242) timely disclosure | Komori