Completion of Settlement for Sale of Property Held for Sale and Execution of Construction Contract
SYLA Holdings Co.,Ltd. and its consolidated subsidiary, 株式会社シーラ
Property held for sale in Akihabara, Taito-ku, Tokyo, and the accommodation facility planned to be constructed on the property
The sale price and construction contract amount have not been disclosed. However, each is at least equivalent to 10% of sales of ¥5,419.140 million for the fiscal year ended May 2025.
Sales and profit from the property held for sale will be recognized in the fourth quarter of the fiscal year ending May 2026. Sales and profit from the construction work are expected to be recognized in line with the percentage-of-completion method during the scheduled construction period from April 2026 through July 2028.
The transaction is not included in the earnings forecast for the fiscal year ending May 2026, but the Company does not currently plan to revise its earnings forecast. The impact on the following fiscal year and beyond will be disclosed again once finalized.
The construction work is scheduled to run from April 2026 through July 2028. The impact of the contract on sales and profit for the following fiscal year and beyond will be disclosed again once finalized.
The impact of the construction contract on sales and profit for the following fiscal year and beyond will be disclosed again once finalized.
| Item | Details |
|---|---|
| Event name | Completion of Settlement for Sale of Property Held for Sale and Execution of Construction Contract |
| Date of occurrence | 23 April 2026 (the settlement and property delivery date, and the date the construction contract was executed) |
| Subject Entity | SYLA Holdings Co.,Ltd. and its consolidated subsidiary, 株式会社シーラ |
| Target Locations / Products | Property held for sale in Akihabara, Taito-ku, Tokyo, and the accommodation facility planned to be constructed on the property |
| Amount of Impact on Business Performance | The sale price and construction contract amount have not been disclosed. However, each is at least equivalent to 10% of sales of ¥5,419.140 million for the fiscal year ended May 2025. |
| Accounting period in which recognized | Sales and profit from the property held for sale will be recognized in the fourth quarter of the fiscal year ending May 2026. Sales and profit from the construction work are expected to be recognized in line with the percentage-of-completion method during the scheduled construction period from April 2026 through July 2028. |
| Impact on Earnings Forecast | The transaction is not included in the earnings forecast for the fiscal year ending May 2026, but the Company does not currently plan to revise its earnings forecast. The impact on the following fiscal year and beyond will be disclosed again once finalized. |
| Outlook | The construction work is scheduled to run from April 2026 through July 2028. The impact of the contract on sales and profit for the following fiscal year and beyond will be disclosed again once finalized. |
| Planned follow-up disclosure | The impact of the construction contract on sales and profit for the following fiscal year and beyond will be disclosed again once finalized. |
Items this document does not state (16)
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 sale price and construction contract amount have not been disclosed pursuant to a confidentiality agreement with the counterparty. The Company stated that it does not currently plan to revise its earnings forecast.