Komori
Occurring Fact3498Kasumigaseki Capital Co.,Ltd.Real estate

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

The Company’s subsidiary has resolved at a board meeting to sell a development site in Miami, U.S.A., that it owns, and entered into a sale and purchase agreement on the same date. Closing is scheduled for 27 August 2026 (U.S. time). Although the details of the sale price have not been disclosed, it is at least equivalent to 10% of consolidated net sales for the fiscal year ended August 2025.

Worth reading
58In focus
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
10
As a percentage of consolidated net sales for the fiscal year ended August 2025 (lower bound, %)
Wording
Definitive
How definitive the wording is.

Sale of Property Held for Sale (First U.S. Project: Miami Development Site)

Subject Entity

KASUMIGASEKI FLORIDA LLC (U.S. subsidiary)

Target Locations / Products

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

Occurrence26 August 2026 (date of board resolution and execution of sale and purchase agreement)
Same day
Awareness or receipt of notice26 August 2026 (date of board resolution and execution of sale and purchase agreement)
This disclosure08/26/2026
Amount of Impact on Business Performance

The sale price is at least equivalent to 10% of consolidated net sales for the fiscal year ended August 2025 (details of the buyer and sale price have not been disclosed).

Accounting period in which recognized

Fiscal year ending August 2026 (when the performance obligation is satisfied, upon closing of the sale)

Impact on Earnings Forecast

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

Outlook

Closing of the sale and purchase is scheduled for 27 August 2026 (U.S. time). Revenue will be recognized when the performance obligation is satisfied, upon closing of the sale.

Event that occurred
ItemDetails
Event nameSale of Property Held for Sale (First U.S. Project: Miami Development Site)
Date of occurrence26 August 2026 (date of board resolution and execution of sale and purchase agreement)
Date recognized / date notice received26 August 2026 (date of board resolution and execution of sale and purchase agreement)
Subject EntityKASUMIGASEKI FLORIDA LLC (U.S. subsidiary)
Target Locations / ProductsDevelopment site for the Miami BLOCK C EAST Project (tentative name) / 155 NE 10th St, Miami, FL 33132, U.S.A. (within Miami Worldcenter)
Amount of Impact on Business PerformanceThe sale price is at least equivalent to 10% of consolidated net sales for the fiscal year ended August 2025 (details of the buyer and sale price have not been disclosed).
Accounting period in which recognizedFiscal year ending August 2026 (when the performance obligation is satisfied, upon closing of the sale)
Impact on Earnings ForecastAlready reflected in the consolidated earnings forecasts for the fiscal year ending August 2026
OutlookClosing of the sale and purchase is scheduled for 27 August 2026 (U.S. time). Revenue will be recognized when the performance obligation is satisfied, upon closing of the sale.
Items this document does not state (16)
CauseType 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.

No reason for the sale has been disclosed.

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 for Sale (the Company's First U.S. Project: Development Land in Miami) | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori