(Update on Previously Disclosed Matter) Notice Concerning the Sale of Property Held for Sale (First U.S. Project: Miami Development Site) | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure

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Notice Concerning the Sale of Property for Sale (the Company's First U.S. Project: Development Land in Miami)

Subject Entity

KASUMIGASEKI FLORIDA LLC (U.S. subsidiary)

Target Locations / Products

Development site at 155 NE 10th St, Miami, FL 33132, U.S.A. (within Miami Worldcenter), Miami BLOCK C EAST Project (provisional name)

This disclosure08/28/2026

Amount of Impact on Business Performance

The sale price is at least 10% of consolidated net sales for the fiscal year ended August 2025. Revenue will be recognized when the sale closes. The specific sale price and recognized amount are Not disclosed

Accounting period in which recognized

Fiscal year ending August 2026

Impact on Earnings Forecast

Already reflected in the consolidated earnings forecasts for the fiscal year ending August 2026

Outlook

Revenue will be recognized when the performance obligation is satisfied, at the time of the sale closing

Event that occurred
Item	Details
Event name	Notice Concerning the Sale of Property for Sale (the Company's First U.S. Project: Development Land in Miami)
Subject Entity	KASUMIGASEKI FLORIDA LLC (U.S. subsidiary)
Target Locations / Products	Development site at 155 NE 10th St, Miami, FL 33132, U.S.A. (within Miami Worldcenter), Miami BLOCK C EAST Project (provisional name)
Amount of Impact on Business Performance	The sale price is at least 10% of consolidated net sales for the fiscal year ended August 2025. Revenue will be recognized when the sale closes. The specific sale price and recognized amount are Not disclosed
Accounting period in which recognized	Fiscal year ending August 2026
Impact on Earnings Forecast	Already reflected in the consolidated earnings forecasts for the fiscal year ending August 2026
Outlook	Revenue will be recognized when the performance obligation is satisfied, at the time of the sale closing

Items this document does not state (18)

Date of occurrenceDate recognized / date notice receivedCauseType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

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.

Due to a confidentiality agreement with the purchaser, the company is refraining from disclosing details of the purchaser and the sale price. Revenue will be recognized when the performance obligation is satisfied, at the time of the sale closing.

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