Kokuyo Co., Ltd.
Notice Regarding the Decision to Transfer Fixed Assets (Former Head Office, etc.)
Board resolution to transfer fixed assets comprising the former Osaka Head Office main building and land and the former Osaka Head Office guest house site. The transferee is a domestic general business corporation; details are not disclosed. The transfer is planned for contract signing by the end of September 2026 and delivery by the end of September 2027 (Main Building) with the guest house site expected by the same date. The gains from sale are expected to be 3,529 million yen and 753 million yen, respectively. The impact on consolidated results is anticipated to be minor.
Key Figures
- Fixed asset disposal gain 3,529 million yen (Former Osaka Head Office main building and land)
- Fixed asset disposal gain 753 million yen (Former Osaka Head Office guest house site)
- Total fixed asset disposal gain 4,282 million yen
AI要約
Key takeaway
KOKUYO has resolved to transfer fixed assets comprising the former Osaka Head Office main building and land as well as the guest house site. The transferee is a domestic general corporation, with contract signing expected by the end of September 2026 and delivery by the end of September 2027 (Main Building). The impact on consolidated results is expected to be minor.
Outlook and impact
The gains from the fixed asset disposal are planned to be recognized in 2027 (fiscal year ending December 2027) and 2026 (fiscal year ending December 2026) as 3,529 million yen for the former Osaka Head Office main building and land, and 753 million yen for the guest house site. The amounts are before deduction of related costs and there are no notable relations in capital, personnel, or transactions with the transferee. The impact on consolidated results is deemed minor, aiming at asset efficiency optimization and effective utilization.
KOKUYO Co., Ltd.
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