Worth reading
76Important
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
33
¥ millionWording
Conditional
How definitive the wording is.This transaction
Sale and purchase agreement for company-owned real estateCounterpartyIndustrial & Infrastructure Fund Investment Corporation
Disclosing companySANDEN CORPORATION
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company
Net assets¥247,610 million (as of 31 January 2026)
Consideration and expenses
Type of ConsiderationCash
Amount of extraordinary income (loss)Extraordinary gain (gain on sale of fixed assets) of approximately ¥3.3 billion, expected to be recognized in the fourth quarter of the fiscal year ending December 2026
Impact on Business Performance
The Company expects to recognize an extraordinary gain (gain on sale of fixed assets) of approximately ¥3.3 billion in the fourth quarter of the fiscal year ending December 2026. The impact on the consolidated earnings forecast for the fiscal year ending December 2026 is still being carefully assessed.
Procedures and assumptions
Management structure after acquisitionFollowing the transfer, the Company will continue using the facilities as tenant. It plans to continue using them under a 15-year fixed-term building lease agreement.
| Item | Details |
|---|---|
| Transaction name | Sale and purchase agreement for company-owned real estate |
| Counterparty name | Industrial & Infrastructure Fund Investment Corporation |
| Net Assets of the Subject Company | ¥247,610 million (as of 31 January 2026) |
| Type of Consideration | Cash |
| Amount of extraordinary income (loss) | Extraordinary gain (gain on sale of fixed assets) of approximately ¥3.3 billion, expected to be recognized in the fourth quarter of the fiscal year ending December 2026 |
| Impact on Business Performance | The Company expects to recognize an extraordinary gain (gain on sale of fixed assets) of approximately ¥3.3 billion in the fourth quarter of the fiscal year ending December 2026. The impact on the consolidated earnings forecast for the fiscal year ending December 2026 is still being carefully assessed. |
| Date of board resolution | 7 August 2026 |
| Contract Date | 17 August 2026 |
| Execution Date / Effective Date | Property handover and receipt of sale proceeds: 1 October 2026 (予定) |
| Management structure after acquisition | Following the transfer, the Company will continue using the facilities as tenant. It plans to continue using them under a 15-year fixed-term building lease agreement. |
Items this document does not state (22)
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 CompanyAcquisition priceExpenses other than the acquisition priceMerger 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 CommitteeConditions Precedent to Execution
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.To improve capital efficiency through the monetization of owned assets, strengthen the financial base, and reinforce the management foundation for future business growth. The proceeds are expected to be used to reduce interest-bearing debt, fund investments to strengthen business competitiveness, and provide working capital.
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.