World Co., Ltd.
Notice Regarding Sale of Fixed Assets
World Co., Ltd. plans to sell its head office land and buildings in Chuo-ku, Kobe City, and expects to record approximately 1.8 billion yen in fixed asset disposal loss in the fourth quarter. Proceeds from the sale will be used for growth investments and shareholder returns.
Key Figures
- Fixed Asset Disposal Loss: Approx. 1.8 billion yen (expected to be recorded in the fourth quarter of the fiscal year ending February 2026)
- Land Area: 8,295.63㎡ (6-8-1 Minatojima Nakamachi, Chuo-ku, Kobe City)
- Total Floor Area of Buildings: 34,847.64㎡ (27 stories including 1 basement level)
AI要約
Overview of Fixed Asset Sale
World Co., Ltd. has decided to sell the current head office land and buildings in Chuo-ku, Kobe City to promote ROIC-based management, aiming for efficient use of management resources and improvement of financial health. After the sale, the company will continue to use the current head office under a leaseback agreement for two years, then plans to relocate within Kobe City. The transfer price of the sold assets has not been disclosed, and the buyer is a single listed domestic company on the Tokyo Stock Exchange Prime market, with details kept confidential.
Impact on Earnings and Future Policy
The company expects to record approximately 1.8 billion yen in fixed asset disposal loss in the fourth quarter of the fiscal year ending February 2026. However, at the same time, one-time gains such as step acquisition profit from subsidiary consolidation of Right-on Co., Ltd. are expected, and the impact on the full-year earnings forecast is considered minimal. Proceeds from the sale will be effectively used for growth investments and shareholder returns under the next medium-term management plan, aiming for regional contribution in its founding location in Kobe and sustainable growth.
