Notice Concerning the Sale of Real Estate Held for Sale and Receipt of Compensation in Connection with a River Improvement Project
SYLA Holdings Co.,Ltd. (the filing company)
Land in the Masumori area of Koshigaya, Saitama Prefecture (719.14 m², based on an actual survey)
The Company is required to sell the real estate it owns as a result of the implementation of the river improvement project for the Shinkata River detention basin in the Masumori area of Koshigaya. The compensation is based on Article 77 of the Land Expropriation Act (compensation for relocation costs).
Total of ¥62 million (planned) as non-operating income. Various costs associated with vacating the property are also expected to arise.
The amount is not included in the earnings forecast for the fiscal year ending May 2027 (1 June 2026 to 31 May 2027), but the impact on earnings is expected to be immaterial.
Related procedures
Compensation procedures based on Article 77 of the Land Expropriation Act and procedures for the sale of real estate held for sale
Saitama Prefecture (project operator)
Contract signing date: 10 August 2026 (scheduled). Handover deadline: 31 March 2027. Various costs associated with vacating the property are expected to arise.
| Item | Details |
|---|---|
| Event name | Notice Concerning the Sale of Real Estate Held for Sale and Receipt of Compensation in Connection with a River Improvement Project |
| Date of occurrence | 17 July 2026 (date of Board of Directors resolution) |
| Subject Entity | SYLA Holdings Co.,Ltd. (the filing company) |
| Target Locations / Products | Land in the Masumori area of Koshigaya, Saitama Prefecture (719.14 m², based on an actual survey) |
| Cause | The Company is required to sell the real estate it owns as a result of the implementation of the river improvement project for the Shinkata River detention basin in the Masumori area of Koshigaya. The compensation is based on Article 77 of the Land Expropriation Act (compensation for relocation costs). |
| Amount of Impact on Business Performance | Total of ¥62 million (planned) as non-operating income. Various costs associated with vacating the property are also expected to arise. |
| Impact on Earnings Forecast | The amount is not included in the earnings forecast for the fiscal year ending May 2027 (1 June 2026 to 31 May 2027), but the impact on earnings is expected to be immaterial. |
| Type of litigation or proceeding | Compensation procedures based on Article 77 of the Land Expropriation Act and procedures for the sale of real estate held for sale |
| Court or authority | Saitama Prefecture (project operator) |
| Outlook | Contract signing date: 10 August 2026 (scheduled). Handover deadline: 31 March 2027. Various costs associated with vacating the property are expected to arise. |
Items this document does not state (15)
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 Company is required to sell the real estate it owns as a result of the implementation of the river improvement project for the Shinkata River detention basin, a Class A river. The compensation is based on Article 77 of the Land Expropriation Act (compensation for relocation costs).