Execution of a Business Fixed-Term Land Lease Agreement
SUGAI CHEMICAL INDUSTRY CO.,LTD. (filing company)
Land in 4-chome, Usu, Wakayama City (site area: approximately 15,567 m2; part of the former Wakayama Plant site)
Following consideration of how to utilize the former site after the Wakayama Plant was closed in 2005
There is no impact on results for the fiscal year ending March 2026. The total rent is not disclosed, but it will not exceed 30% of the company's net assets.
There is no impact on results for the fiscal year ending March 2026. The company will promptly disclose any matters decided in the future that may affect its results.
Company response
Wakayama Plant (closed in 2005)
The lease commencement date is 1 April 2026. The company will promptly disclose any matters decided in the future that may affect its results.
| Item | Details |
|---|---|
| Event name | Execution of a Business Fixed-Term Land Lease Agreement |
| Date of occurrence | 13 March 2026 (date the business fixed-term land lease agreement was executed) |
| Subject Entity | SUGAI CHEMICAL INDUSTRY CO.,LTD. (filing company) |
| Target Locations / Products | Land in 4-chome, Usu, Wakayama City (site area: approximately 15,567 m2; part of the former Wakayama Plant site) |
| Cause | Following consideration of how to utilize the former site after the Wakayama Plant was closed in 2005 |
| Amount of Impact on Business Performance | There is no impact on results for the fiscal year ending March 2026. The total rent is not disclosed, but it will not exceed 30% of the company's net assets. |
| Impact on Earnings Forecast | There is no impact on results for the fiscal year ending March 2026. The company will promptly disclose any matters decided in the future that may affect its results. |
| Suspended operations | Wakayama Plant (closed in 2005) |
| Outlook | The lease commencement date is 1 April 2026. The company will promptly disclose any matters decided in the future that may affect its results. |
| Planned follow-up disclosure | The company will promptly disclose any matters decided in the future that may affect its results. |
Items this document does not state (15)
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.Following consideration of how to utilize the former Wakayama Plant site, which was closed in 2005, the company decided to lease part of the site to Wakayama Citizens' Consumer Cooperative.