Mitsubishi Estate Co., Ltd.
Notice Regarding Changes in Specified Subsidiary
Mitsubishi Estate Company, Limited has decided to dissolve its consolidated subsidiary, Nagoya Minato Development SPC, on March 2, 2026, with liquidation planned within the fiscal year 2026. The impact on earnings is minimal.
Key Figures
- Total Preferred Investment: 42,300 million yen
- Net Sales (Fiscal Year Ending November 2025): 49,681 million yen
- Net Income Attributable to Owners of Parent (Fiscal Year Ending November 2025): 11,381 million yen
AI要約
Overview of Changes in Specified Subsidiary
Mitsubishi Estate Company, Limited has resolved to dissolve its consolidated subsidiary, Nagoya Minato Development SPC, which was established to acquire, manage, and dispose of specified assets. The resolution for dissolution was passed on February 17, 2026, with the dissolution date set for March 2, 2026, and liquidation scheduled within the fiscal year 2026. The subsidiary was established on March 3, 2023, with total preferred investments amounting to 42,300 million yen. According to the latest financial position, the subsidiary recorded net sales of 49,681 million yen and net income attributable to owners of parent of 11,381 million yen in the fiscal year ending November 2025.
Impact on Earnings and Future Outlook
The dissolution of this specified subsidiary is expected to have a minimal impact on the consolidated performance for the fiscal year ending March 2026. There are no particular effects on personnel or business relationships, and the liquidation process is anticipated to proceed smoothly. For investors, this is not expected to cause significant fluctuations in earnings.
