Sale of Real Estate for Sale and Execution of a Construction Contract
株式会社シーラ, a consolidated subsidiary of SYLA Holdings Co.,Ltd.
Land in Irie, Kanagawa Ward, Yokohama, Kanagawa Prefecture (real estate for sale), and the apartment building planned for construction on the land
The sale price and construction contract amount have not been disclosed. However, each amount is at least equivalent to 10% of net sales for the fiscal year ended May 2025.
Revenue and profit from the sale of real estate for sale are expected to be recognized in the fourth quarter of the fiscal year ending May 2026. Revenue and profit from the construction contract are expected to be recognized in accordance with the percentage-of-completion method during the scheduled construction period from October 2026 to August 2028, assuming construction proceeds as planned.
The revenue and profit from this sale are not included in the earnings forecast for the fiscal year ending May 2026. However, no revision to the earnings forecast is currently planned. If a revision becomes necessary, it will be disclosed promptly.
Revenue and profit from the sale of real estate for sale are expected to be recognized in the fourth quarter of the fiscal year ending May 2026. Construction is scheduled to take place from October 2026 to August 2028, and revenue and profit are expected to be recognized in accordance with the percentage-of-completion method. The impact on the fiscal year ending May 2027 and subsequent periods will be disclosed separately once finalized.
The impact of this sale on revenue and profit for the fiscal year ending May 2027 and subsequent periods will be disclosed separately once finalized.
| Item | Details |
|---|---|
| Event name | Sale of Real Estate for Sale and Execution of a Construction Contract |
| Date of occurrence | 15 May 2026 |
| Subject Entity | 株式会社シーラ, a consolidated subsidiary of SYLA Holdings Co.,Ltd. |
| Target Locations / Products | Land in Irie, Kanagawa Ward, Yokohama, Kanagawa Prefecture (real estate for sale), and the apartment building planned for construction on the land |
| Amount of Impact on Business Performance | The sale price and construction contract amount have not been disclosed. However, each amount is at least equivalent to 10% of net sales for the fiscal year ended May 2025. |
| Accounting period in which recognized | Revenue and profit from the sale of real estate for sale are expected to be recognized in the fourth quarter of the fiscal year ending May 2026. Revenue and profit from the construction contract are expected to be recognized in accordance with the percentage-of-completion method during the scheduled construction period from October 2026 to August 2028, assuming construction proceeds as planned. |
| Impact on Earnings Forecast | The revenue and profit from this sale are not included in the earnings forecast for the fiscal year ending May 2026. However, no revision to the earnings forecast is currently planned. If a revision becomes necessary, it will be disclosed promptly. |
| Outlook | Revenue and profit from the sale of real estate for sale are expected to be recognized in the fourth quarter of the fiscal year ending May 2026. Construction is scheduled to take place from October 2026 to August 2028, and revenue and profit are expected to be recognized in accordance with the percentage-of-completion method. The impact on the fiscal year ending May 2027 and subsequent periods will be disclosed separately once finalized. |
| Planned follow-up disclosure | The impact of this sale on revenue and profit for the fiscal year ending May 2027 and subsequent periods will be disclosed separately 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 confidentiality agreements between シーラ and the counterparty.