Land Business Co.,Ltd.

8944.T
Real Estate Services
2026/08/21 Updated
Market Cap: $30.5M (¥4.8B)
Stock Price: $1.53 (¥244)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Sale of Real Estate Held for Sale

Resolution by the Board of Directors to sell real estate held for sale. Purchaser is a domestic corporation, expected sale price of at least 111 million yen, equivalent to 30% of 2% of the previous year's net sales. We plan to sign the contract date and delivery date, and the impact on performance is already reflected in the consolidated earnings forecast for the fiscal year ending September 2026.

Importance:
Page Updated: July 12, 2026
IR Disclosure Date: June 12, 2026
Other

Key Figures

  • Expected sale price: at least 111 million yen
  • Site area: 1,484.34 sqm
  • Total floor area: 2,582.05 sqm

AI要約

Overview of the sale

The sale of real estate held for sale has been approved by the Board of Directors. The target is land and buildings in Kunitachi City, Tokyo (site area 1,484.34 sqm, total floor area 2,582.05 sqm); purchaser is a domestic corporation. Profit amount is expected to be at least 111 million yen, equivalent to 30% of 2% of the previous year's net sales, with details not disclosed for confidentiality. The sale agreement is scheduled to be signed on June 12, 2026, and the delivery date for the property is planned for August 28, 2026.

Impact on results and schedule

The impact on the company’s performance has been incorporated into the consolidated earnings forecast for the fiscal year ending September 2026, and the specific numerical impact of the sale will be disclosed in accordance with disclosure standards when the timing arises. There is no notable capital, personnel, or transactional relationship with the buyer, and no related party involvement.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Land Business Co., Ltd.

Company overview · Stock price · Financial data · All IR

View company page →