Execution of a Basic Agreement Regarding the Transfer of the Silver Business (Share Transfer Involving a Change in a Specified Subsidiary), Recognition of an Extraordinary Loss, and Revision to Earnings Forecasts
Leopalace21 Corporation, 株式会社アズ・ライフケア, 株式会社アズ・レジデンス
Silver Business, including the business related to 22 fee-based nursing homes transferred to 株式会社アズ・レジデンス
Under a policy of investing management resources in the core rental business through selective focus, operating losses have continued in the Silver Business, and the Company seeks to maintain its stable and ongoing operation going forward
On a consolidated basis, total extraordinary losses of approximately ¥3,679 million related to the loss on the sale of shares in the target companies and the payment of compensation related to the transaction; on a non-consolidated basis, total extraordinary losses of approximately ¥4,048 million related to the same items (all amounts are expected to be recognized)
Second quarter of the fiscal year ending March 2027
Earnings forecasts revised. For the consolidated six-month period of the fiscal year ending March 2027, interim net income attributable to owners of the parent was revised from ¥12,300 million to ¥11,200 million. For the full year, net sales were revised from ¥465,000 million to ¥461,600 million, operating profit from ¥38,500 million to ¥38,800 million, ordinary profit from ¥38,100 million to ¥38,400 million, and net income attributable to owners of the parent from ¥22,200 million to ¥21,400 million. On a non-consolidated basis, interim net income for the six-month period was revised from ¥13,900 million to ¥12,500 million, and full-year net income was revised from ¥25,400 million to ¥23,900 million
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
Leopalace21 Corporation: 100% (all shares)
This SPC: scheduled to acquire all shares (no voting-rights ownership percentage or reference date stated)
The Company will continue discussions in good faith with J-INC toward execution of the definitive agreement in late September 2026 and closing at the end of October 2026. If the transaction is completed, a change in specified subsidiary is expected
A further disclosure is planned once the transaction has been formally decided
| Item | Details |
|---|---|
| Event name | Execution of a Basic Agreement Regarding the Transfer of the Silver Business (Share Transfer Involving a Change in a Specified Subsidiary), Recognition of an Extraordinary Loss, and Revision to Earnings Forecasts |
| Date of occurrence | 14 September 2026 (date on which the basic agreement was executed) |
| Date recognized / date notice received | 14 September 2026 (date on which the Company executed the basic agreement) |
| Subject Entity | Leopalace21 Corporation, 株式会社アズ・ライフケア, 株式会社アズ・レジデンス |
| Target Locations / Products | Silver Business, including the business related to 22 fee-based nursing homes transferred to 株式会社アズ・レジデンス |
| Cause | Under a policy of investing management resources in the core rental business through selective focus, operating losses have continued in the Silver Business, and the Company seeks to maintain its stable and ongoing operation going forward |
| Amount of Impact on Business Performance | On a consolidated basis, total extraordinary losses of approximately ¥3,679 million related to the loss on the sale of shares in the target companies and the payment of compensation related to the transaction; on a non-consolidated basis, total extraordinary losses of approximately ¥4,048 million related to the same items (all amounts are expected to be recognized) |
| Accounting period in which recognized | Second quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | Earnings forecasts revised. For the consolidated six-month period of the fiscal year ending March 2027, interim net income attributable to owners of the parent was revised from ¥12,300 million to ¥11,200 million. For the full year, net sales were revised from ¥465,000 million to ¥461,600 million, operating profit from ¥38,500 million to ¥38,800 million, ordinary profit from ¥38,100 million to ¥38,400 million, and net income attributable to owners of the parent from ¥22,200 million to ¥21,400 million. On a non-consolidated basis, interim net income for the six-month period was revised from ¥13,900 million to ¥12,500 million, and full-year net income was revised from ¥25,400 million to ¥23,900 million |
| Voting rights ownership percentage before the change | Leopalace21 Corporation: 100% (all shares) |
| Voting rights ownership percentage after the change | This SPC: scheduled to acquire all shares (no voting-rights ownership percentage or reference date stated) |
| Outlook | The Company will continue discussions in good faith with J-INC toward execution of the definitive agreement in late September 2026 and closing at the end of October 2026. If the transaction is completed, a change in specified subsidiary is expected |
| Planned follow-up disclosure | A further disclosure is planned once the transaction has been formally decided |
Items this document does not state (12)
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.While investing management resources in its core rental business under a policy of selective focus, the Company has continued to record operating losses in the Silver Business. Accordingly, it decided to transfer the Silver Business en bloc to this SPC in order to maintain its stable and ongoing operation going forward.