IDEC Corporation
Notice of Land Disposal and Recording of Special Profit
The Company announced on May 14, 2026, the disposal of land and buildings in the United States and the recording of approximately US$32 million in gain on sale. The outlook is to reflect this in the fiscal year ending March 2027.
Key Figures
- Disposal Amount: US$32,000,000 (approximately 32 million dollars)
- Location of Disposal Asset: 1175 Elko Drive, Sunnyvale, CA, USA
- Disposal Date: 2026-05-11
AI要約
Financial Summary
IDEＣ Corporation announced on May 14, 2026, the disposal of land and buildings in Sunnyvale, California, USA, recording a disposal amount of approximately US$32 million. Details of the disposed assets, including location and size, have been disclosed and are expected to be reflected in upcoming financial statements. The disposal is part of a reorganization of global operations and business efficiency initiatives.
Future Outlook
The disposal is expected to be recorded as a special profit in the fiscal year ending March 2027. Details on the amount and impact will be clarified in future financial disclosures. The disposal is anticipated to increase cash and improve asset structure.
IDEＣ Corporation
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