Change in Intended Use of Fixed Assets
Birdman Co., Ltd.
Ownership rights to business-use land and power connection rights in Hiko, Hattori-Koya, Yusa, Azaumi District, Yamagata Prefecture
The Company decided on a policy of selling these assets in light of the progress of negotiations with multiple potential buyers.
The reclassification itself will have no impact on results for the fiscal year ending June 2027. If the sale is completed, the sale proceeds are expected to be recognized as revenue, but the sale price has not been disclosed.
Fiscal year ending June 2027 (no impact on results from the reclassification itself; revenue is expected to be recognized upon sale between October and December 2026)
The reclassification itself will have no impact on results for the fiscal year ending June 2027. If the sale is completed, revenue is expected to exceed the previously expected sales contribution of approximately ¥20 million.
The Company plans to sell these assets between October and December 2026. If the sale is completed, the sale proceeds are expected to be recognized as revenue. The Company will promptly disclose any event requiring disclosure.
The Company will promptly disclose any event requiring disclosure, including the sale of these assets.
| Item | Details |
|---|---|
| Event name | Change in Intended Use of Fixed Assets |
| Date of occurrence | 7 August 2026 (reclassification date) |
| Subject Entity | Birdman Co., Ltd. |
| Target Locations / Products | Ownership rights to business-use land and power connection rights in Hiko, Hattori-Koya, Yusa, Azaumi District, Yamagata Prefecture |
| Cause | The Company decided on a policy of selling these assets in light of the progress of negotiations with multiple potential buyers. |
| Amount of Impact on Business Performance | The reclassification itself will have no impact on results for the fiscal year ending June 2027. If the sale is completed, the sale proceeds are expected to be recognized as revenue, but the sale price has not been disclosed. |
| Accounting period in which recognized | Fiscal year ending June 2027 (no impact on results from the reclassification itself; revenue is expected to be recognized upon sale between October and December 2026) |
| Impact on Earnings Forecast | The reclassification itself will have no impact on results for the fiscal year ending June 2027. If the sale is completed, revenue is expected to exceed the previously expected sales contribution of approximately ¥20 million. |
| Outlook | The Company plans to sell these assets between October and December 2026. If the sale is completed, the sale proceeds are expected to be recognized as revenue. The Company will promptly disclose any event requiring disclosure. |
| Planned follow-up disclosure | The Company will promptly disclose any event requiring disclosure, including the sale of these assets. |
Items this document does not state (15)
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 Company decided on a policy of selling these assets as negotiations with multiple potential buyers progressed. The Company states that the sale is intended to improve asset efficiency and generate earnings at an early stage.