Execution of a sales contract for real estate for sale (Kokuryo project, Chofu)
CHARM CARE CORPORATION (the Company)
Real estate for sale located at 4-38-6 and other addresses in Kokuryo-machi, Chofu, Tokyo. The property is a three-story reinforced-concrete building intended for use as a fee-based nursing home (fee-based nursing home with nursing care services).
The sale is based on the plan established from the outset, and the Company determined that there were no issues with the buyer or the sale terms.
The fourth quarter of the fiscal year ending June 2026
This project is already reflected in the full-year earnings forecast for the fiscal year ending June 2026, and its impact on the earnings forecast is immaterial.
The contract is scheduled to be executed on 12 June 2026, with settlement and delivery of the property scheduled for 17 June 2026. The Company plans to recognize the revenue and profit from this transaction in the fourth quarter of the fiscal year ending June 2026.
| Item | Details |
|---|---|
| Event name | Execution of a sales contract for real estate for sale (Kokuryo project, Chofu) |
| Date of occurrence | 25 May 2026 (the date on which the Board of Directors resolved to execute the sales contract) |
| Subject Entity | CHARM CARE CORPORATION (the Company) |
| Target Locations / Products | Real estate for sale located at 4-38-6 and other addresses in Kokuryo-machi, Chofu, Tokyo. The property is a three-story reinforced-concrete building intended for use as a fee-based nursing home (fee-based nursing home with nursing care services). |
| Cause | The sale is based on the plan established from the outset, and the Company determined that there were no issues with the buyer or the sale terms. |
| Accounting period in which recognized | The fourth quarter of the fiscal year ending June 2026 |
| Impact on Earnings Forecast | This project is already reflected in the full-year earnings forecast for the fiscal year ending June 2026, and its impact on the earnings forecast is immaterial. |
| Outlook | The contract is scheduled to be executed on 12 June 2026, with settlement and delivery of the property scheduled for 17 June 2026. The Company plans to recognize the revenue and profit from this transaction in the fourth quarter of the fiscal year ending June 2026. |
Items this document does not state (17)
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 sale is based on the plan established from the outset, and the Company determined that there were no issues with the buyer or the sale terms.