【Meikai Group】Notice of Fixed Asset Transfer and Recording of Special Profit | July 2026

Overview of Performance

Meikai Group has decided to transfer fixed assets related to ships owned by its consolidated subsidiary, with the transfer scheduled to occur from January to April 2027. The transfer value is 79,000 thousand US$ (approximately 11,455 million yen), with an expected sale profit of about 2.7 billion yen, which is projected to be recorded as a special profit in the fiscal year ending March 2028. It is also anticipated to impact the net income attributable to owners of the parent by approximately 1.2 billion yen.

Future Outlook and Impacts

This fixed asset transfer is part of the fleet modernization and maintenance plan, aimed at efficient asset utilization and strengthening the financial base. The recognition of the sale profit is expected to have a positive impact on the performance for the fiscal year ending March 2028. The transferee is an overseas corporation, with no capital or business relationship, thus the direct business impact is limited.