Receipt of Compensation for Losses Associated with Head Office Relocation and Recognition of Extraordinary Gains and Losses, etc.
LUCKLAND CO.,LTD. (reporting company)
Current head office (Nishi-Shinjuku 3-chome area, Shinjuku-ku, Tokyo) and relocation site in Minato-ku, Tokyo
Relocation of the head office in connection with the redevelopment project planned for the Nishi-Shinjuku 3-chome area
The Company will receive ¥2,034 million in compensation for losses. Relocation expenses are expected to be recorded as non-operating expenses or extraordinary losses: ¥64 million in the second-quarter accounting period of the fiscal year ending December 2026, approximately ¥350 million to ¥450 million in total in the third- and fourth-quarter accounting periods of the same fiscal year, and approximately ¥50 million to ¥100 million in the first-quarter accounting period of the fiscal year ending December 2027.
The second-, third- and fourth-quarter accounting periods of the fiscal year ending December 2026, and the first-quarter accounting period of the fiscal year ending December 2027. The timing of recording the compensation for losses has not yet been determined.
The net amount of non-operating gains and losses and extraordinary gains and losses to be recorded in the fiscal year ending December 2026 is currently expected to be immaterial. If an earnings forecast revision becomes necessary, the Company will promptly announce it.
The Company plans to provisionally receive ¥700 million of the compensation for losses in late July 2026. The remaining ¥1,334 million is scheduled to be received in a lump sum or in installments by the rights conversion date scheduled for June 2027. The head office relocation date is scheduled to be decided at a Board of Directors meeting to be held by 31 December 2026. The Company will consider the timing and accounting treatment for recording the compensation.
Once the review of the accounting treatment and examination of the amounts to be recorded in each quarter have progressed, the Company will promptly announce the matter if timely disclosure or a revision to its full-year consolidated earnings forecast becomes necessary.
| Item | Details |
|---|---|
| Event name | Receipt of Compensation for Losses Associated with Head Office Relocation and Recognition of Extraordinary Gains and Losses, etc. |
| Date of occurrence | 16 July 2026 (date of execution of the compensation agreement) |
| Subject Entity | LUCKLAND CO.,LTD. (reporting company) |
| Target Locations / Products | Current head office (Nishi-Shinjuku 3-chome area, Shinjuku-ku, Tokyo) and relocation site in Minato-ku, Tokyo |
| Cause | Relocation of the head office in connection with the redevelopment project planned for the Nishi-Shinjuku 3-chome area |
| Amount of Impact on Business Performance | The Company will receive ¥2,034 million in compensation for losses. Relocation expenses are expected to be recorded as non-operating expenses or extraordinary losses: ¥64 million in the second-quarter accounting period of the fiscal year ending December 2026, approximately ¥350 million to ¥450 million in total in the third- and fourth-quarter accounting periods of the same fiscal year, and approximately ¥50 million to ¥100 million in the first-quarter accounting period of the fiscal year ending December 2027. |
| Accounting period in which recognized | The second-, third- and fourth-quarter accounting periods of the fiscal year ending December 2026, and the first-quarter accounting period of the fiscal year ending December 2027. The timing of recording the compensation for losses has not yet been determined. |
| Impact on Earnings Forecast | The net amount of non-operating gains and losses and extraordinary gains and losses to be recorded in the fiscal year ending December 2026 is currently expected to be immaterial. If an earnings forecast revision becomes necessary, the Company will promptly announce it. |
| Outlook | The Company plans to provisionally receive ¥700 million of the compensation for losses in late July 2026. The remaining ¥1,334 million is scheduled to be received in a lump sum or in installments by the rights conversion date scheduled for June 2027. The head office relocation date is scheduled to be decided at a Board of Directors meeting to be held by 31 December 2026. The Company will consider the timing and accounting treatment for recording the compensation. |
| Planned follow-up disclosure | Once the review of the accounting treatment and examination of the amounts to be recorded in each quarter have progressed, the Company will promptly announce the matter if timely disclosure or a revision to its full-year consolidated earnings forecast becomes necessary. |
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.To relocate the head office to Minato-ku, Tokyo, in connection with the redevelopment project planned for the Nishi-Shinjuku 3-chome area.