Komori
M&A and Subsidiary Changes9880INNOTECH CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Transfer and Lease of Fixed Assets and Recognition of Extraordinary Gain

The Company has decided to transfer its head office building and lease the office space and other areas it will continue to use. As a result, the Company expects to recognize total gains on the sale of fixed assets of ¥6.374 billion as extraordinary gains in the fiscal years ending March 2026 and March 2027.

Worth reading
32Immaterial
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
63.74
¥100 million
Wording
Conditional
How definitive the wording is.

This transaction

Transfer and lease of fixed assets
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Consideration and expenses
Acquisition priceDisclosure of the transfer price has been withheld in accordance with the agreement with the counterparty.
Amount of extraordinary income (loss)The Company expects to recognize a gain on the sale of fixed assets of ¥2.915 billion as an extraordinary gain in the fourth quarter of the fiscal year ending March 2026, and a gain on the sale of fixed assets of ¥3.459 billion as an extraordinary gain in the second quarter of the fiscal year ending March 2027.
Impact on Business Performance

For the impact on results for the fiscal year ending March 2026, please refer to the separately issued Notice Regarding Revisions to the Earnings Forecast and Dividend Forecast (Special Dividend).

Procedures and assumptions
Valuation methodologyAn appropriate price reflecting the market price determined through competitive bidding.
This transaction
ItemDetails
Transaction nameTransfer and lease of fixed assets
Acquisition priceDisclosure of the transfer price has been withheld in accordance with the agreement with the counterparty.
Amount of extraordinary income (loss)The Company expects to recognize a gain on the sale of fixed assets of ¥2.915 billion as an extraordinary gain in the fourth quarter of the fiscal year ending March 2026, and a gain on the sale of fixed assets of ¥3.459 billion as an extraordinary gain in the second quarter of the fiscal year ending March 2027.
Impact on Business PerformanceFor the impact on results for the fiscal year ending March 2026, please refer to the separately issued Notice Regarding Revisions to the Earnings Forecast and Dividend Forecast (Special Dividend).
Date of board resolution25 March 2026
Contract Date27 March 2026 (予定)
Execution Date / Effective DateProperty handover dates: 31 March 2026 (予定) / 30 September 2026 (予定). The assets being transferred are scheduled to be handed over in two installments.
Valuation methodologyAn appropriate price reflecting the market price determined through competitive bidding.
Items this document does not state (24)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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 make effective use of its owned fixed assets and reallocate management resources as part of its basic strategy to improve ROE and PER.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Transfer and Lease of Fixed Assets and Recognition of Extraordinary Gain | INNOTECH CORPORATION (9880) timely disclosure | Komori