This transaction
Disposal of Fixed AssetsThe Company expects to recognize extraordinary gains consisting of a gain on the sale of fixed assets of approximately ¥10.7 billion and a gain from the reversal of the provision for repairs associated with the sale of approximately ¥1.3 billion in the two fiscal years ending March 2027 and March 2028, when the first and second transfers of ownership interests, respectively, are scheduled to take place.
| Item | Details |
|---|---|
| Transaction name | Disposal of Fixed Assets |
| Acquisition price | Disclosure is withheld due to a confidentiality obligation with the transferee. |
| Amount of extraordinary income (loss) | Gain on sale of fixed assets: approximately ¥10.7 billion; gain from reversal of provision for repairs: approximately ¥1.3 billion. Expected to be recognized in the fiscal years ending March 2027 and March 2028. |
| Impact on Business Performance | The Company expects to recognize extraordinary gains consisting of a gain on the sale of fixed assets of approximately ¥10.7 billion and a gain from the reversal of the provision for repairs associated with the sale of approximately ¥1.3 billion in the two fiscal years ending March 2027 and March 2028, when the first and second transfers of ownership interests, respectively, are scheduled to take place. |
| Date of board resolution | 28 April 2026 |
| Contract Date | 28 April 2026 |
| Execution Date / Effective Date | First transfer of ownership interests: 5 June 2026 (scheduled); second transfer of ownership interests: 11 June 2027 (scheduled) |
Items this document does not state (25)
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 properties have limited business synergies and their profitability is below the cost of capital (WACC). The Company will sell them to improve the efficiency of its management resources. The sale proceeds will be allocated to growth investment, improving capital efficiency, and enhancing shareholder returns through share repurchases.