Urbanet Corporation Co.,Ltd.
[Urban Net Corporation] Notice of Sale of Real Estate for Sale | July 2026
Our company has decided to sell real estate for sale, specifically an apartment hotel located in Akasaka, Minato-ku, Tokyo. The contract is scheduled for July 2026, with the handover planned for the end of May 2028. The gain from the sale is expected to be less than 30% of the previous period's consolidated ordinary income and net income attributable to owners of the parent, which may impact future business performance.
Key Figures
- Scheduled Sale Price: Unknown
- Impact of Sale Gain on Performance: Less than 30% of the previous period's consolidated ordinary income and net income attributable to owners of the parent
- Scheduled Contract Date: July 2026
AI要約
Overview of the Sale of Real Estate for Sale
Our company has resolved at the Board of Directors meeting to sell real estate for sale, specifically an apartment hotel located in Akasaka, Minato-ku, Tokyo. The property is a steel-framed 14-story building with 50 rooms and a total floor area of 2,337.67㎡. The contract is scheduled for July 2026, with the handover planned for the end of May 2028. Details such as the sale price and the buyer are not disclosed due to confidentiality obligations. The gain from the sale is expected to be less than 30% of the previous period's consolidated ordinary income and net income attributable to owners of the parent, which could influence future performance.
Future Outlook and Impact on Business Performance
Revenue from the sale is expected to be recognized in the fiscal year ending June 2028. If there is an impact on the earnings forecast for the fiscal year ending June 2027, it will be incorporated into the financial results announced in August 2026. Depending on the completion of the sale and the timing of revenue recognition, there may be a significant impact on future performance.
Urban Net Corporation
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