Worth reading
34Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
162
¥ million (approximate)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Disposal of Fixed AssetsCounterparty1 domestic operating company (details undisclosed)
Disclosing companyKAWATA MFG. CO.,LTD.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceThe transfer price, carrying value and settlement method, etc. will not be disclosed due to contractual considerations with the transferee.
Expenses other than the acquisition priceThe amount of the head office relocation expenses is not stated. We plan to disclose it once the details have been finalized.
Amount of extraordinary income (loss)Special gain on the gain on transfer: approximately ¥162 million (estimate), expected to be recognized in the Company’s 79th fiscal year (fiscal year ending March 2028)
Impact on Business Performance
The special gain on the gain on transfer is expected to be recognized in the Company’s results for its 79th fiscal year (fiscal year ending March 2028).
Procedures and assumptions
Conditions Precedent to ExecutionAll unit owners must complete vacating the property. The sale consideration will be paid upon completion of the vacating of all units.
Management structure after acquisitionThe head office will be relocated. We plan to disclose the destination, timing and expenses after the details have been finalized.
| Item | Details |
|---|---|
| Transaction name | Disposal of Fixed Assets |
| Counterparty name | 1 domestic operating company (details undisclosed) |
| Acquisition price | The transfer price, carrying value and settlement method, etc. will not be disclosed due to contractual considerations with the transferee. |
| Expenses other than the acquisition price | The amount of the head office relocation expenses is not stated. We plan to disclose it once the details have been finalized. |
| Amount of extraordinary income (loss) | Special gain on the gain on transfer: approximately ¥162 million (estimate), expected to be recognized in the Company’s 79th fiscal year (fiscal year ending March 2028) |
| Impact on Business Performance | The special gain on the gain on transfer is expected to be recognized in the Company’s results for its 79th fiscal year (fiscal year ending March 2028). |
| Date of board resolution | 29 September 2026 |
| Contract Date | During October 2026 (scheduled) |
| Execution Date / Effective Date | Property handover date: December 2027 or later (scheduled). The same date as payment of the sale consideration. |
| Conditions Precedent to Execution | All unit owners must complete vacating the property. The sale consideration will be paid upon completion of the vacating of all units. |
| Management structure after acquisition | The head office will be relocated. We plan to disclose the destination, timing and expenses after the details have been finalized. |
Items this document does not state (21)
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 CompanyType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountValuation methodologyIndependent valuation institutionSpecial Committee
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.Daiichi Kyo-do Building has become over 50 years old since its completion and lacks sufficient earthquake resistance. The property is therefore being sold following the building management association’s resolution to rebuild it.
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.