{"id":104704,"date":"2026-08-17T15:48:04","date_gmt":"2026-08-17T06:48:04","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9602-20260817-01_wp_corporate_restructuring\/"},"modified":"2026-08-17T15:48:04","modified_gmt":"2026-08-17T06:48:04","slug":"9602-20260817-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9602\/ir\/9602-20260817-01_wp_corporate_restructuring\/","title":{"rendered":"Notice regarding the sale of properties in line with review of real estate holding policy"},"content":{"rendered":"<p>Sale of seven properties selected by the Real Estate Strategy Committee, with approximately 300 million yen of fixed asset sale gains to be recognized as extraordinary income from the February 2027 period onward. Handover will be conducted sequentially; if future earnings forecasts are affected, disclosure will be made.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9602","jir_company_name":"Toho Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/9602-20260817-01.pdf","jir_short_summary":"Sale of seven properties selected by the Real Estate Strategy Committee, with approximately 300 million yen of fixed asset sale gains to be recognized as extraordinary income from the February 2027 period onward. Handover will be conducted sequentially; if future earnings forecasts are affected, disclosure will be made.","jir_summary":"### Background and sale policy\nBased on the 2025 April-announced Medium-Term Management Plan 2028, we are examining the meaningfulness of owning real estate business and considering\/selling properties deemed low in intrinsic value. This time, we have decided to sell seven properties located in regional\/suburban areas with limited future revenue contribution.\n\n### Progress of sales and financial impact\nContracts for some properties have been concluded and handovers have started. Individual prices are not disclosed, but buyers are all domestic corporations. We plan to recognize approximately 300 million yen in fixed asset sale gains as extraordinary income in the consolidated results, and will recognize them in order as handovers are completed.","jir_financial_highlights":"Fixed asset sale gain: \u7d043\u5104\u5186 (to be recognized as extraordinary income)\nNumber of properties for sale: 7 properties (new)\nTiming of sale completion: FY2027 Q2\u2013Q4 (planning period)","jir_category":"","jir_hashtags":"#TohoCo.,Ltd., #RealEstateSales, #CapitalEfficiency, #Medium-TermManagementPlan","jir_key_figures":"Fixed asset sale gain: \u7d043\u5104\u5186 (extraordinary income)\nNumber of properties sold: 7 properties\nCoverage period: FY2027 Q2\u2013Q4","jir_meta_title":"Toho Co., Ltd. Notice of Property Sales in line with Real Estate Portfolio Review | August 2026","jir_meta_description":"Toho will sell seven properties in regional\/suburban areas with low remaining value, following deliberations by the Real Estate Strategy Committee. The gains are expected to be about 300 million yen as extraordinary income from mid-2027 onward. Updates will be provided in quarterly earnings briefing materials.","jir_og_title":"Toho to sell 7 properties after real estate portfolio review","jir_og_description":"Sale decided as part of real estate strategy. Approximately 300 million yen in extraordinary income to be recorded from mid-2027 onward; progress will be disclosed as appropriate.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7446,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-104704","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice regarding the sale of properties in line with review of real estate holding policy - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9602\/ir\/9602-20260817-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9602\/ir\/9602-20260817-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9602\/ir\/9602-20260817-01_wp_corporate_restructuring\/\",\"name\":\"Notice regarding the sale of properties in line with review of real estate holding policy - 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