Disposal of Fixed Assets and Recognition of an Extraordinary Loss at a Consolidated Subsidiary
株式会社REVO GINZA2 (consolidated subsidiary)
Multi-unit residential property (Setagaya-ku, Tokyo)
As part of efforts to improve the efficiency of management resources and assets and review the purpose of holding fixed assets
¥549 million (impairment loss equivalent to a loss on disposal, recognized as an extraordinary loss)
Consolidated cumulative period for the third quarter of the fiscal year ending October 2026
The impact on consolidated results for the fiscal year ending October 2026 is currently under review. The Company plans to announce revisions to its earnings forecast and other matters during August 2026.
The property is scheduled to be handed over on 8 October 2026. After reviewing the impact on consolidated results and confirming the progress of other businesses, the Company plans to announce revisions to its earnings forecast and other matters during August 2026. If any matter requiring disclosure arises, it will be announced promptly.
The Company plans to announce revisions to its earnings forecast and other matters during August 2026. If any matter requiring disclosure arises, it will be announced promptly.
| Item | Details |
|---|---|
| Event name | Disposal of Fixed Assets and Recognition of an Extraordinary Loss at a Consolidated Subsidiary |
| Date of occurrence | 6 August 2026 (board resolution and contract execution date; property handover scheduled for 8 October 2026) |
| Subject Entity | 株式会社REVO GINZA2 (consolidated subsidiary) |
| Target Locations / Products | Multi-unit residential property (Setagaya-ku, Tokyo) |
| Cause | As part of efforts to improve the efficiency of management resources and assets and review the purpose of holding fixed assets |
| Amount of Impact on Business Performance | ¥549 million (impairment loss equivalent to a loss on disposal, recognized as an extraordinary loss) |
| Accounting period in which recognized | Consolidated cumulative period for the third quarter of the fiscal year ending October 2026 |
| Impact on Earnings Forecast | The impact on consolidated results for the fiscal year ending October 2026 is currently under review. The Company plans to announce revisions to its earnings forecast and other matters during August 2026. |
| Outlook | The property is scheduled to be handed over on 8 October 2026. After reviewing the impact on consolidated results and confirming the progress of other businesses, the Company plans to announce revisions to its earnings forecast and other matters during August 2026. If any matter requiring disclosure arises, it will be announced promptly. |
| Planned follow-up disclosure | The Company plans to announce revisions to its earnings forecast and other matters during August 2026. If any matter requiring disclosure arises, it will be announced promptly. |
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 working to improve the efficiency of its management resources and assets and is continuing to review, among other matters, the purpose of holding its fixed assets.