Worth reading
41Recurring
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
29
% (total transfer price as a percentage of consolidated net assets at the end of the most recent fiscal year)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Disposal of Fixed AssetsTimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceTransfer price: Not disclosed pursuant to the confidentiality agreement with the transferee
Expenses other than the acquisition priceEstimated expenses related to the transfer (specific amount not disclosed)
Amount of extraordinary income (loss)① Shin-Urayasu head office facility: estimated gain on sale of ¥878 million, scheduled to be recognized in the financial results for the third quarter of the fiscal year ending February 2028. ② Osaka facility: estimated gain on sale of ¥261 million, scheduled to be recognized in the financial results for the second quarter (interim period) of the fiscal year ending February 2027. In both cases, the gains are scheduled to be recognized as gains on sale of fixed assets under extraordinary income.
Impact on Business Performance
The gain on sale of the Osaka facility's fixed assets has been incorporated into the consolidated earnings forecast for the fiscal year ending February 2027. The portion relating to the Shin-Urayasu head office facility will be disclosed once the timing and amount of recognition have been determined.
Procedures and assumptions
Management structure after acquisitionThe Company plans to relocate its head office functions. Details, including the relocation site, are currently under consideration and will be disclosed again once finalized. The relocation is intended to improve the working environment for employees.
| Item | Details |
|---|---|
| Transaction name | Disposal of Fixed Assets |
| Acquisition price | Transfer price: Not disclosed pursuant to the confidentiality agreement with the transferee |
| Expenses other than the acquisition price | Estimated expenses related to the transfer (specific amount not disclosed) |
| Amount of extraordinary income (loss) | ① Shin-Urayasu head office facility: estimated gain on sale of ¥878 million, scheduled to be recognized in the financial results for the third quarter of the fiscal year ending February 2028. ② Osaka facility: estimated gain on sale of ¥261 million, scheduled to be recognized in the financial results for the second quarter (interim period) of the fiscal year ending February 2027. In both cases, the gains are scheduled to be recognized as gains on sale of fixed assets under extraordinary income. |
| Impact on Business Performance | The gain on sale of the Osaka facility's fixed assets has been incorporated into the consolidated earnings forecast for the fiscal year ending February 2027. The portion relating to the Shin-Urayasu head office facility will be disclosed once the timing and amount of recognition have been determined. |
| Date of board resolution | 14 May 2026 |
| Contract Date | ① Shin-Urayasu head office facility: 18 May 2026 (scheduled); ② Osaka facility: 14 May 2026 |
| Execution Date / Effective Date | ① Shin-Urayasu head office facility: 30 September 2027 (scheduled); ② Osaka facility: 31 August 2026 (scheduled) |
| Management structure after acquisition | The Company plans to relocate its head office functions. Details, including the relocation site, are currently under consideration and will be disclosed again once finalized. The relocation is intended to improve the working environment for employees. |
Items this document does not state (23)
Counterparty nameName 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 CompanyType of ConsiderationMerger 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.The facilities will be relocated as part of efforts to reduce total assets and fixed costs through business structural reform, improve operating efficiency, and improve the working environment for employees.
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.