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M&A and Subsidiary Changes7984KOKUYO CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Decision to Transfer Fixed Assets (Former Head Office, etc.)

KOKUYO CO., LTD. has decided to dispose of the land and building of the main wing of its former Osaka head office and the site of its former guesthouse. The total sale price is ¥5.772 billion, and the total gain on the sale of fixed assets is expected to be ¥4.282 billion.

Worth reading
35Immaterial
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
5772
¥ million (sale price)
Wording
Conditional
How definitive the wording is.

This transaction

Disposal of fixed assets (former head office, etc.)
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Consideration and expenses
Acquisition price¥5,772 million (sale price)
Expenses other than the acquisition priceThe estimated amount of expenses related to the disposal and other costs has been deducted, but the amount is not disclosed.
Type of ConsiderationCash (sale price)
Amount of extraordinary income (loss)Gain on sale of fixed assets of ¥753 million (scheduled for the fiscal year ending December 2026), gain on sale of fixed assets of ¥3,529 million (scheduled for the fiscal year ending December 2027), for a total of ¥4,282 million (approximate).
Impact on Business Performance

KOKUYO plans to recognize a gain on the sale of fixed assets of ¥753 million in the fiscal year ending December 2026 and ¥3,529 million in the fiscal year ending December 2027. The impact on consolidated results is immaterial.

This transaction
ItemDetails
Transaction nameDisposal of fixed assets (former head office, etc.)
Acquisition price¥5,772 million (sale price)
Expenses other than the acquisition priceThe estimated amount of expenses related to the disposal and other costs has been deducted, but the amount is not disclosed.
Type of ConsiderationCash (sale price)
Amount of extraordinary income (loss)Gain on sale of fixed assets of ¥753 million (scheduled for the fiscal year ending December 2026), gain on sale of fixed assets of ¥3,529 million (scheduled for the fiscal year ending December 2027), for a total of ¥4,282 million (approximate).
Impact on Business PerformanceKOKUYO plans to recognize a gain on the sale of fixed assets of ¥753 million in the fiscal year ending December 2026 and ¥3,529 million in the fiscal year ending December 2027. The impact on consolidated results is immaterial.
Date of board resolution1 July 2026
Contract DateEnd of September 2026 (予定) (①②)
Execution Date / Effective Date① Land and building of the main wing of the former Osaka head office: end of September 2027 (予定); ② site of the former Osaka head office guesthouse: end of September 2026 (予定)
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 CompanyMerger 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 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.

To optimize asset efficiency and make effective use of the assets following the relocation of the head office.

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Notice Regarding the Decision to Transfer Fixed Assets (Former Head Office, etc.) | KOKUYO CO.,LTD. (7984) timely disclosure | Komori