Yahagi Construction Industry has decided to transfer the condominium business of subsidiaries Yahagi Jisho Co., Ltd. and Yahagi Building & Life Co., Ltd. to the Meitetsu Group. Effective date is April 1, 2026. A special loss of approximately 1.8 billion yen is expected to be recorded in the third quarter of the fiscal year ending March 2026 related to the transfer.<\/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":"1870","jir_company_name":"Yahagi Construction Industry Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/1870-20260123-01.pdf","jir_short_summary":"Yahagi Construction Industry has decided to transfer the condominium business of subsidiaries Yahagi Jisho Co., Ltd. and Yahagi Building & Life Co., Ltd. to the Meitetsu Group. Effective date is April 1, 2026. A special loss of approximately 1.8 billion yen is expected to be recorded in the third quarter of the fiscal year ending March 2026 related to the transfer.","jir_summary":"### Overview of Company Split\nYahagi Construction Industry Co., Ltd. has resolved to transfer the condominium development and sales business of its subsidiary Yahagi Jisho Co., Ltd. and the condominium management business of Yahagi Building & Life Co., Ltd. to Meitetsu Urban Development Co., Ltd. and Meitetsu Community Life Co., Ltd. via absorption-type company split. This transfer is part of the group\u2019s business selection and concentration strategy, aiming to focus management resources on construction projects for corporations and government agencies. The effective date of the transfer is planned for April 1, 2026.\n\n### Impact on Performance and Measures to Ensure Fairness\nAs a result of this company split, a special loss of approximately 1.8 billion yen is expected to be recorded in the third quarter of the fiscal year ending March 2026. Conversely, a special gain of approximately 1 billion yen is anticipated in the first quarter of the fiscal year ending March 2027 due to the transfer of Yahagi Building & Life\u2019s successor business. Since this transaction is between related parties, measures to ensure fairness have been taken, including advice from an independent law firm, business valuation by a third-party appraiser, obtaining opinions from outside directors and auditors, and approval by all directors without conflicts of interest.","jir_financial_highlights":"Special loss related to transfer: Approximately 1.8 billion yen (Expected to be recorded in the third quarter of the fiscal year ending March 2026)\nSpecial gain related to transfer: Approximately 1 billion yen (Expected to be recorded in the first quarter of the fiscal year ending March 2027)\nYahagi Jisho successor business net sales (FY ending March 2025): 7,680 million yen (Unknown)\nYahagi Building & Life successor business net sales (FY ending March 2025): 949 million yen (Unknown)","jir_category":"","jir_hashtags":"#YahagiConstructionIndustryCoLtd, #CorporateRestructuring, #CompanySplit, #JapaneseStocks","jir_key_figures":"Special loss related to transfer: Approximately 1.8 billion yen (expected to be recorded in Q3 FY March 2026)\nSpecial gain related to transfer: Approximately 1 billion yen (expected to be recorded in Q1 FY March 2027)\nTransferred business net sales: Yahagi Jisho successor business 7,680 million yen, Yahagi Building & Life successor business 949 million yen (FY March 2025)","jir_meta_title":"Yahagi Construction Industry to Transfer Subsidiaries\u2019 Condominium Business to Meitetsu Group, Recording Approx. 1.8 Billion Yen Special Loss","jir_meta_description":"Yahagi Construction Industry transfers condominium businesses of subsidiaries Yahagi Jisho and Yahagi Building & Life to Meitetsu Group through a company split. A special loss of approximately 1.8 billion yen is expected to be recorded in the fiscal year ending March 2026. The company aims to focus management resources on construction for corporations and government agencies to drive growth.","jir_og_title":"Yahagi Construction Industry to Record Special Loss on Transfer of Condominium Business","jir_og_description":"Yahagi Construction Industry transfers subsidiaries\u2019 condominium business to Meitetsu Group, expecting a special loss of approximately 1.8 billion yen in the fiscal year ending March 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9570,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-20559","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n