Komori
Disclosure8944LAND BUSINESS CO.,LTD.Real estate

Notice Concerning the Sale of Real Estate Held for Sale

The Board of Directors resolved to sell property held for sale. The contract signing and property handover are scheduled for 29 September 2026, and the sale price is at least 10% of revenue for the most recent fiscal year.

Worth reading
59In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
10
Percentage of revenue for the most recent fiscal year (%, or more)
Wording
Conditional
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Decision and Details

Board of Directors

Sale of real estate held for sale

Decision29 September 2026
Period CoveredRevenue is expected to be recognized in the fourth quarter of the fiscal year ending September 2026.
Implementation29 September 2026 (scheduled contract signing and property handover date)
Going forwardThe contract signing and property handover are scheduled for 29 September 2026. Any necessary revision to the earnings forecast will be announced promptly.
AmountSale price: an amount equivalent to at least 10% of the Company's revenue for the most recent fiscal year (the fiscal year ended September 2025) (specific amount: Not disclosed)
Quantity / scaleSite area: 1,021.48 m² (official land registry); total floor area: 1,740.81 m² (official land registry)
Reason

Because property held for sale is being sold. Details of the buyer have not been disclosed due to confidentiality obligations.

Impact on Business Performance

Revenue is expected to be recognized in the fourth quarter of the fiscal year ending September 2026. The impact on consolidated results is currently being examined, including the impact of other factors, and any necessary revision will be announced promptly.

Decision and Details
ItemDetails
Matter CoveredSale of real estate held for sale
Decision-Making BodyBoard of Directors
Decision Date29 September 2026
Implementation Date29 September 2026 (scheduled contract signing and property handover date)
Period CoveredRevenue is expected to be recognized in the fourth quarter of the fiscal year ending September 2026.
AmountSale price: an amount equivalent to at least 10% of the Company's revenue for the most recent fiscal year (the fiscal year ended September 2025) (specific amount: Not disclosed)
Quantity / scaleSite area: 1,021.48 m² (official land registry); total floor area: 1,740.81 m² (official land registry)
Impact on Business PerformanceRevenue is expected to be recognized in the fourth quarter of the fiscal year ending September 2026. The impact on consolidated results is currently being examined, including the impact of other factors, and any necessary revision will be announced promptly.
ReasonBecause property held for sale is being sold. Details of the buyer have not been disclosed due to confidentiality obligations.
Governing RuleTimely disclosure criteria (sale price of at least 10% of revenue for the most recent fiscal year)
Future plansThe contract signing and property handover are scheduled for 29 September 2026. Any necessary revision to the earnings forecast will be announced promptly.
Items this document does not state (1)
Related previous disclosures

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.

Because the sale of property held for sale was approved. Details of the buyer have not been disclosed due to confidentiality obligations.

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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