Notice of Property Transfer and Recording of Special Profit

Performance Overview

Paraca, aiming to utilize its management resources effectively, plans to transfer land in Sapporo, Hokkaido, and expects to record approximately 870 million yen of special profit in the fiscal year ending September 2024. The transfer involves land used for parking lots, and the gain on transfer is calculated based on sale and purchase agreements. The transferee is a domestic corporation, and the transaction relationship is limited to leasing agreements, without any capital or personnel ties.

Future Outlook and Impact

This land transfer is expected to positively impact the performance for the fiscal year ending September 2024 by recording special profit. Details of the transfer and sale and purchase agreements are confidential and not disclosed, but the company intends to promote further asset efficiency and optimal management resources. The transaction has been reflected in the publicly announced earnings guidance and will be an important event for investors, representing a temporary asset sale resulting in profit recording.