Property Technologies Inc.
Notice Regarding Sale of Real Estate Held for Sale by Our Consolidated Subsidiary
The sale of consolidated subsidiary Homenet was approved by the Board of Directors. Buyer and price are withheld due to confidentiality, but the sale price is expected to be at least 30% of the most recent net assets. Settlement and delivery are scheduled for 2026-09-30.
Key Figures
- Site area: 251.26 sqm
- Sale price: Equivalent to at least 30% of net assets (specific amount unknown)
- Contract date / Settlement date: 2026-09-30 (planned)
AI要約
Overview of the Sale
The Board of Directors resolved to sell real estate held for sale owned by consolidated subsidiary Homenet Co., Ltd. While the sale price is not disclosed, the terms state a guideline of at least 30% of the most recent net assets. Both the contract signing date and the settlement/delivery date are scheduled for 2026-09-30. There is no capital or personnel relationship with the buyer, and the transaction will be implemented after prior approval. The sale has been factored into the consolidated earnings forecast for the fiscal year ending November 2026.
Future Impact and Disclosures
This sale may be aimed at improving the Group's asset efficiency, and the sale price is being withheld due to confidentiality obligations. Additional information will be disclosed in a timely manner as it becomes available. Practically, although the impact of the sale on consolidated financials has been included in the earnings forecast for the fiscal year ending November 2026, specific amounts and the degree of impact remain unknown.
Property Technologies Inc.
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