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M&A and Subsidiary Changes7815TOKYO BOARD INDUSTRIES CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Transfer of Fixed Assets and Recognition of Extraordinary Income (Gain on Sale of Fixed Assets)

The company has decided to transfer the land, buildings and other assets used as its head office and factory, and to continue using them after the transfer under lease agreements. In connection with this transaction, the company expects to recognize an approximately ¥4,250 million gain on the sale of fixed assets as an extraordinary gain.

Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
4250
¥ million (approximate)
Wording
Conditional
How definitive the wording is.

This transaction

Disposal of Fixed Assets
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Koto-ku, Tokyo
Consideration and expenses
Acquisition priceNot disclosed (transfer price; disclosure withheld at the transferee's request)
Amount of extraordinary income (loss)Gain on transfer: approximately ¥4,250 million (estimated); expected to be recognized as an extraordinary gain in the consolidated financial statements for the fiscal year ending February 2027
Impact on Business Performance

The company expects to recognize a gain on transfer of ¥4,250 million (approximate) as an extraordinary gain in the consolidated financial statements for the fiscal year ending February 2027. The full-year consolidated earnings forecast for the fiscal year ending February 2027 is currently under review, including the impact of other factors.

Procedures and assumptions
Valuation methodologyAppropriate price reflecting market prices
Management structure after acquisitionThe facilities will continue to be used under lease agreements with the transferee after the transfer. There will be no closure or relocation of the business sites.
This transaction
ItemDetails
Transaction nameDisposal of Fixed Assets
Location of the Subject CompanyKoto-ku, Tokyo
Acquisition priceNot disclosed (transfer price; disclosure withheld at the transferee's request)
Amount of extraordinary income (loss)Gain on transfer: approximately ¥4,250 million (estimated); expected to be recognized as an extraordinary gain in the consolidated financial statements for the fiscal year ending February 2027
Impact on Business PerformanceThe company expects to recognize a gain on transfer of ¥4,250 million (approximate) as an extraordinary gain in the consolidated financial statements for the fiscal year ending February 2027. The full-year consolidated earnings forecast for the fiscal year ending February 2027 is currently under review, including the impact of other factors.
Date of board resolution26 June 2026
Contract Date26 June 2026
Execution Date / Effective Date30 June 2026 (scheduled)
Valuation methodologyAppropriate price reflecting market prices
Management structure after acquisitionThe facilities will continue to be used under lease agreements with the transferee after the transfer. There will be no closure or relocation of the business sites.
Items this document does not state (22)
Counterparty nameName of the Subject CompanyBusiness Description 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 amountIndependent 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 asset efficiency and strengthen the company's financial position through the effective use of management resources. As the facilities will continue to be used under lease agreements after the transfer, there will be no closure or relocation of the business sites.

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.
Notice Regarding the Transfer of Fixed Assets and Recognition of Extraordinary Income (Gain on Sale of Fixed Assets) | TOKYO BOARD INDUSTRIES CO.,LTD. (7815) timely disclosure | Komori