Sale of Company-Owned Real Estate
SANDEN CORPORATION (filing company)
SANDEN Forest/Akagi Plant (7-1 Nakanosawa, Kasukawa-machi, Maebashi, Gunma Prefecture)
The company is reviewing its owned assets to improve asset efficiency and strengthen its financial base, and decided on the sale as part of this initiative.
Consolidated results for the fiscal year ending December 2026
The impact of this matter on consolidated results for the fiscal year ending December 2026 is currently under review. The company will promptly announce any matters requiring disclosure.
The sale and purchase agreement is scheduled to be concluded on 17 August 2026. The handover of the property and receipt of the sale proceeds are scheduled for 1 October 2026. The company plans to continue using the Akagi Plant under a sale-and-leaseback arrangement after the sale. The purchaser, sale price and other details will be disclosed after the sale and purchase agreement is concluded.
The company will provide a further announcement after the sale and purchase agreement is concluded. If any matters requiring disclosure arise regarding the impact on results, the company will promptly announce them.
| Item | Details |
|---|---|
| Event name | Sale of Company-Owned Real Estate |
| Date of occurrence | 7 August 2026 (date of board resolution) |
| Subject Entity | SANDEN CORPORATION (filing company) |
| Target Locations / Products | SANDEN Forest/Akagi Plant (7-1 Nakanosawa, Kasukawa-machi, Maebashi, Gunma Prefecture) |
| Cause | The company is reviewing its owned assets to improve asset efficiency and strengthen its financial base, and decided on the sale as part of this initiative. |
| Accounting period in which recognized | Consolidated results for the fiscal year ending December 2026 |
| Impact on Earnings Forecast | The impact of this matter on consolidated results for the fiscal year ending December 2026 is currently under review. The company will promptly announce any matters requiring disclosure. |
| Outlook | The sale and purchase agreement is scheduled to be concluded on 17 August 2026. The handover of the property and receipt of the sale proceeds are scheduled for 1 October 2026. The company plans to continue using the Akagi Plant under a sale-and-leaseback arrangement after the sale. The purchaser, sale price and other details will be disclosed after the sale and purchase agreement is concluded. |
| Planned follow-up disclosure | The company will provide a further announcement after the sale and purchase agreement is concluded. If any matters requiring disclosure arise regarding the impact on results, the company will promptly announce them. |
Items this document does not state (16)
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 a review of owned assets aimed at improving asset efficiency and strengthening the financial base.