Worth reading
37Immaterial
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
32000000
US$ (transfer price)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Disposal of Fixed AssetsCounterpartyGLOBAL STAR PROPERTIES LIMITED
Disclosing companyIDEC CORPORATION
Execution Date / Effective DateProperty handover date: 11 May 2026
Consideration and expenses
Acquisition priceTransfer price: US$32,000,000
Amount of extraordinary income (loss)Gain on sale of fixed assets: approximately ¥3.9 billion (after deducting related expenses), expected to be recognized as an extraordinary gain in the fiscal year ending March 2027
Impact on Business Performance
In the financial results for the fiscal year ending March 2027, the Company expects to recognize an approximately ¥3.9 billion gain on sale of fixed assets (after deducting related expenses) as an extraordinary gain
| Item | Details |
|---|---|
| Transaction name | Disposal of Fixed Assets |
| Counterparty name | GLOBAL STAR PROPERTIES LIMITED |
| Acquisition price | Transfer price: US$32,000,000 |
| Amount of extraordinary income (loss) | Gain on sale of fixed assets: approximately ¥3.9 billion (after deducting related expenses), expected to be recognized as an extraordinary gain in the fiscal year ending March 2027 |
| Impact on Business Performance | In the financial results for the fiscal year ending March 2027, the Company expects to recognize an approximately ¥3.9 billion gain on sale of fixed assets (after deducting related expenses) as an extraordinary gain |
| Execution Date / Effective Date | Property handover date: 11 May 2026 |
Items this document does not state (26)
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 CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
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 structural reforms under its medium-term management plan, the Company reorganized its global operating bases, consolidating 2 U.S. group companies into 1 company in April 2025 and constructing a new headquarters. The former headquarters, which is no longer scheduled for use, will therefore be transferred.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.