Shochiku Co., Ltd.
Notice Regarding Transfer of Fixed Assets and Recording of Extraordinary Income
Shochiku Co., Ltd. resolved to transfer the Hakata ST Building as fixed asset and announced it plans to record approximately 4.5 billion yen of extraordinary income in the fiscal year ending February 2027.
Key Figures
- Extraordinary Income (Gain on Sale of Fixed Assets): Approximately 4.5 billion yen (estimated amount)
- Name of Transferred Asset: Hakata ST Building
- Resolution Date of Transfer: 2026-04-14
AI要約
Overview of Fixed Asset Transfer
Shochiku Co., Ltd. resolved at the Board of Directors meeting to transfer the rental property “Hakata ST Building” located in Hakata-ku, Fukuoka City, Fukuoka Prefecture, aiming to effectively utilize assets through property review and improve asset efficiency. The land area is 797.08 sq.m., and the building area is 14,773.19 sq.m. The gain on sale is expected to be approximately 4.5 billion yen, and the transfer price and transferee will be disclosed after contract conclusion.
Outlook and Impact
The contract signing date and property handover date are undecided; however, there will be no impact on consolidated results for the fiscal year ending February 2026. Approximately 4.5 billion yen of gain on sale of fixed assets will be recorded as extraordinary income in the fiscal year ending February 2027. This extraordinary income is already reflected in the earnings guidance of the financial summary for the fiscal year ending February 2026. There are no noteworthy capital, personnel, or business relationships with the transferee.
