Komori
M&A and Subsidiary Changes3498Kasumigaseki Capital Co.,Ltd.Real estate

Notice Concerning the Sale of Property Held for Sale (Land for Logistics Facility Development)

The Company sold land in Fushimi-ku, Kyoto, for the development of a logistics facility to LOGI FLAG 14 GK. Following the sale, the Company and its subsidiary will continue the development of the logistics facility by providing asset management services.

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This transaction

Sale of Real Estate Held for Sale (Land for Logistics Facility Development)
CounterpartyLOGI FLAG 14 GK
Disclosing companyKasumigaseki Capital Co.,Ltd.
Subject of this transaction
Execution Date / Effective Date7 August 2026 (sold today)
Consideration and expenses
Acquisition priceThe sale price is not disclosed pursuant to a confidentiality agreement between the Company and the purchaser.
Impact on Business Performance

The transaction is already reflected in the consolidated earnings forecast for the fiscal year ending August 2026. Revenue is recognized when the performance obligation is satisfied, at the time of settlement of the sale.

Procedures and assumptions
Management structure after acquisitionThe Company has entered into an asset management agreement with LOGI FLAG 14 GK and will provide management services related to the development, operation, sale and other activities concerning the logistics facility. During the development period for this project, sub-asset management services will be provided by the Company's subsidiary, ロジフラッグ・デベロプメント株式会社, which will advance the development in cooperation with the Company.
This transaction
ItemDetails
Transaction nameSale of Real Estate Held for Sale (Land for Logistics Facility Development)
Counterparty nameLOGI FLAG 14 GK
Acquisition priceThe sale price is not disclosed pursuant to a confidentiality agreement between the Company and the purchaser.
Impact on Business PerformanceThe transaction is already reflected in the consolidated earnings forecast for the fiscal year ending August 2026. Revenue is recognized when the performance obligation is satisfied, at the time of settlement of the sale.
Execution Date / Effective Date7 August 2026 (sold today)
Management structure after acquisitionThe Company has entered into an asset management agreement with LOGI FLAG 14 GK and will provide management services related to the development, operation, sale and other activities concerning the logistics facility. During the development period for this project, sub-asset management services will be provided by the Company's subsidiary, ロジフラッグ・デベロプメント株式会社, which will advance the development in cooperation with the Company.
Items this document does not state (26)
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 amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 reason for the sale is not expressly stated in the body of the notice. Following the sale, the Company will continue to provide management services for the development of the logistics facility and advance the development in cooperation with its subsidiary.

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 Concerning the Sale of Property Held for Sale (Land for Logistics Facility Development) | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori