Nippon Express Holdings, Inc.
Notice Regarding Recording of Gain on Transfer and Sale of Real Estate (Other Income) (IFRS)
Consolidated subsidiary Nippon Express Co., Ltd. will transfer land and buildings of a logistics center in Koto-ku, Tokyo for approximately 100 billion yen and plans to record around 72 billion yen of real estate sales gain in the fiscal year ending December 2025.
Key Figures
- Transfer Price: Approximately 100 billion yen
- Gain on Sale: Approximately 72 billion yen
AI要約
Key Announcement Details
Our consolidated subsidiary Nippon Express Co., Ltd. has decided to transfer land (59,504㎡) and buildings (151,345㎡) of a logistics center located in Koto-ku, Tokyo, as of December 25, 2025. The transfer price is approximately 100 billion yen, and the gain on sale is approximately 72 billion yen (estimated amount after deducting book value, transfer-related expenses, and estimated losses from the transfer price). The transferee is ML Estate Co., Ltd., with no capital, personnel, or business relationships. The lease agreement period will continue post-transfer, and the business will continue through a leaseback transaction.
Impact on Investors
This transfer is part of our initiatives to improve ROE and growth strategy, aiming to create funds for growth investment by selling low-profit real estate and realizing latent gains. The real estate sales gain from the transfer is incorporated in the consolidated earnings guidance for the fiscal year ending December 2025, and the future impact on performance is expected to be minimal. As a measure to enhance corporate value, we will promote improvement in capital profitability and shift to higher-profit businesses.
