Komori
Disclosure8944LAND BUSINESS CO.,LTD.Real estate

Notice Concerning the Sale of Real Estate Held for Sale

The Board of Directors resolved to sell land and buildings in Kunitachi, Tokyo, to a domestic corporation. Handover is scheduled for 28 August 2026, and the profit is expected to be at least ¥111 million.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
111
¥ million (expected profit)
Wording
Conditional
How definitive the wording is.

Decision and Details

Board of Directors

Sale of real estate held for sale

Decision12 June 2026
Period CoveredIncluded in the consolidated earnings forecast for the fiscal year ending September 2026
ImplementationProperty handover date: 28 August 2026 (scheduled)
Going forwardContract execution date: 12 June 2026 (scheduled); property handover date: 28 August 2026 (scheduled)
AmountProfit: expected to be at least ¥111 million (equivalent to 30% of 2% of the Company's net sales for the immediately preceding fiscal year)
Quantity / scaleSite area: 1,484.34 m² (as recorded in the registry); total floor area: 2,582.05 m² (as recorded in the registry)
Reason

No reason for the sale is stated. The company says it will refrain from disclosing details of the buyer due to confidentiality obligations.

Impact on Business Performance

The impact of the sale on earnings is included in the consolidated earnings forecast for the fiscal year ending September 2026.

Decision and Details
ItemDetails
Matter CoveredSale of real estate held for sale
Decision-Making BodyBoard of Directors
Decision Date12 June 2026
Implementation DateProperty handover date: 28 August 2026 (scheduled)
Period CoveredIncluded in the consolidated earnings forecast for the fiscal year ending September 2026
AmountProfit: expected to be at least ¥111 million (equivalent to 30% of 2% of the Company's net sales for the immediately preceding fiscal year)
Quantity / scaleSite area: 1,484.34 m² (as recorded in the registry); total floor area: 2,582.05 m² (as recorded in the registry)
Impact on Business PerformanceThe impact of the sale on earnings is included in the consolidated earnings forecast for the fiscal year ending September 2026.
ReasonNo reason for the sale is stated. The company says it will refrain from disclosing details of the buyer due to confidentiality obligations.
Governing RuleTimely Disclosure Standards (exception for immaterial profits)
Related previous disclosures“Consolidated Earnings Forecast for the Fiscal Year Ending September 2026,” announced on 14 May 2026
Future plansContract execution date: 12 June 2026 (scheduled); property handover date: 28 August 2026 (scheduled)

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

No reason for the sale is stated. The company says it will refrain from disclosing details of the buyer due to confidentiality obligations.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Sale of Real Estate Held for Sale | LAND BUSINESS CO.,LTD. (8944) timely disclosure | Komori