Relocation of Head Office and Expected Recognition of Extraordinary Income and Extraordinary Loss
AGEHA Inc. (the filing company)
Head office building (relocation site and timing to be determined)
The lessor requested termination of the lease agreement, and following discussions, the Company agreed to terminate the lease. The fixtures and equipment are no longer expected to be used in the future.
The Company expects to recognize a ¥16 million gain on the reversal of asset retirement obligations as extraordinary income and a ¥14 million impairment loss as extraordinary loss in the fiscal year ending September 2026. The Company expects to receive ¥120 million in compensation in the fiscal year ending September 2027, allocate part of it to relocation expenses and rent for the new office, and recognize the remainder as extraordinary income.
Fiscal years ending September 2026 and September 2027
The impact of the other effects associated with the relocation of the head office on the Company’s results is currently being calculated. If the Company determines that these effects will impact its results, it will make a timely disclosure.
The lease agreement will be terminated by mutual agreement effective 30 April 2027. The relocation site and timing are to be determined. The Company expects to receive ¥120 million in compensation and will make a timely disclosure as necessary if any facts requiring public disclosure arise.
The Company will make a timely disclosure as necessary if any facts requiring public disclosure arise.
| Item | Details |
|---|---|
| Event name | Relocation of Head Office and Expected Recognition of Extraordinary Income and Extraordinary Loss |
| Date of occurrence | 12 June 2026 (date of the Board of Directors’ resolution; agreed termination date of the lease agreement: 30 April 2027) |
| Subject Entity | AGEHA Inc. (the filing company) |
| Target Locations / Products | Head office building (relocation site and timing to be determined) |
| Cause | The lessor requested termination of the lease agreement, and following discussions, the Company agreed to terminate the lease. The fixtures and equipment are no longer expected to be used in the future. |
| Amount of Impact on Business Performance | The Company expects to recognize a ¥16 million gain on the reversal of asset retirement obligations as extraordinary income and a ¥14 million impairment loss as extraordinary loss in the fiscal year ending September 2026. The Company expects to receive ¥120 million in compensation in the fiscal year ending September 2027, allocate part of it to relocation expenses and rent for the new office, and recognize the remainder as extraordinary income. |
| Accounting period in which recognized | Fiscal years ending September 2026 and September 2027 |
| Impact on Earnings Forecast | The impact of the other effects associated with the relocation of the head office on the Company’s results is currently being calculated. If the Company determines that these effects will impact its results, it will make a timely disclosure. |
| Outlook | The lease agreement will be terminated by mutual agreement effective 30 April 2027. The relocation site and timing are to be determined. The Company expects to receive ¥120 million in compensation and will make a timely disclosure as necessary if any facts requiring public disclosure arise. |
| Planned follow-up disclosure | The Company will make a timely disclosure as necessary if any facts requiring public disclosure 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 lessor requested termination of the lease agreement, and following discussions, the Company agreed to terminate the lease. The Company will recognize an impairment loss on fixtures and equipment in the head office building because they are no longer expected to be used in the future.