Decision and Details
Board of DirectorsChange in holding purpose of the fixed asset (OMB 北参道) to real estate held for sale
As part of replacing properties in the portfolio in order to use shareholders’ equity efficiently
This is a reclassification from fixed assets to inventory and will have no impact on results for the fiscal year ending September 2026.
| Item | Details |
|---|---|
| Matter Covered | Change in holding purpose of the fixed asset (OMB 北参道) to real estate held for sale |
| Decision-Making Body | Board of Directors |
| Decision Date | 28 July 2026 |
| Implementation Date | 28 July 2026 (implemented) |
| Quantity / scale | 1 property (OMB 北参道) |
| Impact on Business Performance | This is a reclassification from fixed assets to inventory and will have no impact on results for the fiscal year ending September 2026. |
| Reason | As part of replacing properties in the portfolio in order to use shareholders’ equity efficiently |
| Future plans | The Company aims to sell the property in the fiscal year ending September 2027 and will proceed with considering prospective buyers. If this is expected to affect financial results or other matters, the Company will make a timely disclosure. |
Items this document does not state (4)
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.As part of its growth strategy of acquiring rental real estate expected to generate stable long-term earnings, the Company may replace properties in its portfolio from time to time in order to use shareholders’ equity efficiently. The holding purpose of this property is being changed as part of that strategy.