Sakai Chemical Industry has resolved to transfer its industrial waste final disposal site in Iwaki City, Fukushima Prefecture, to Daiei Environment Co., Ltd. for approximately 1 billion 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/4078-20260324-01.pdf","jir_short_summary":"Sakai Chemical Industry has resolved to transfer its industrial waste final disposal site in Iwaki City, Fukushima Prefecture, to Daiei Environment Co., Ltd. for approximately 1 billion yen.","jir_summary":"### Overview of the Transfer\nAt the board of directors meeting on March 23, 2026, Sakai Chemical Industry Co., Ltd. resolved to transfer its fixed assets for the industrial waste final disposal site located in Iwaki City, Fukushima Prefecture, to Daiei Environment Co., Ltd. The assets to be transferred include land measuring 437,093.00 \u33a1 and buildings of 248.62 \u33a1 etc., with an expected gain on transfer of approximately 1 billion yen. The transfer is scheduled to be executed in April 2026.\n\n### Background and Future Outlook of the Transfer\nFollowing the termination of its pigment-grade titanium dioxide business, the company has seen a substantial reduction in industrial waste generation, and since the purpose of holding the final disposal site has been largely fulfilled, it decided to transfer the assets to utilize them effectively. The gain on transfer is expected to be recorded as a special profit in the consolidated financial statements for the fiscal year ending March 2027, with earnings guidance to be announced at the time of the fiscal year ending March 2026 results release. There are no capital or personnel relationships with Daiei Environment Co., Ltd., the transferee.","jir_financial_highlights":"Gain on Transfer: Approximately 1 billion yen (Unknown)\nTransferred Asset Area (Land): 437,093.00 \u33a1 (Unknown)\nTransferred Asset Area (Buildings): 248.62 \u33a1 etc. (Unknown)","jir_category":"","jir_hashtags":"#SakaiChemicalIndustryCoLtd, #FixedAssetTransfer, #JapaneseStocks","jir_key_figures":"Gain on Transfer: Approximately 1 billion yen (to be recorded as gain on sale of fixed assets)\nTransferred Assets (Land): 437,093.00 \u33a1\nTransferred Assets (Buildings): 248.62 \u33a1 etc.","jir_meta_title":"Sakai Chemical Industry Decides to Transfer Industrial Waste Final Disposal Site for Approximately 1 Billion Yen","jir_meta_description":"Sakai Chemical Industry to transfer its industrial waste final disposal site in Iwaki City, Fukushima Prefecture, to Daiei Environment Co., Ltd., expecting to record a gain on transfer of approximately 1 billion yen as a special profit in the fiscal year ending March 2027.","jir_og_title":"Sakai Chemical Industry Announces Fixed Asset Transfer, Expecting Gain on Transfer of Approximately 1 Billion Yen","jir_og_description":"Sakai Chemical Industry will transfer its industrial waste final disposal site to Daiei Environment, with an anticipated special profit of approximately 1 billion yen in the fiscal year ending March 2027.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17304,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-36031","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n