{"id":36118,"date":"2026-03-24T16:28:27","date_gmt":"2026-03-24T07:28:27","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6644-20260324-01_wp_business_update\/"},"modified":"2026-03-24T16:28:27","modified_gmt":"2026-03-24T07:28:27","slug":"6644-20260324-01_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6644\/ir\/6644-20260324-01_wp_business_update\/","title":{"rendered":"(Disclosure Progress) Notice Regarding Completion of Fixed Asset Transfer Procedures at Consolidated Subsidiary"},"content":{"rendered":"<p>Consolidated subsidiary Osaki Estate Co., Ltd. transferred land and buildings in Minamiazabu, Minato-ku, Tokyo for approximately 6 billion yen, with the procedures completed on March 24, 2026. The capital gain is expected to be recorded as a special profit.<\/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":"6644","jir_company_name":"Osaki Electric Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6644-20260324-01.pdf","jir_short_summary":"Consolidated subsidiary Osaki Estate Co., Ltd. transferred land and buildings in Minamiazabu, Minato-ku, Tokyo for approximately 6 billion yen, with the procedures completed on March 24, 2026. The capital gain is expected to be recorded as a special profit.","jir_summary":"### Overview of the Transfer\nOsaki Estate Co., Ltd., a consolidated subsidiary of Osaki Electric Co., Ltd., transferred land measuring 1,571.25\u33a1 and buildings totaling 3,713.91\u33a1 located at 4-chome Minamiazabu, Minato-ku, Tokyo, to Escon Corporation. The transfer procedures were completed on March 24, 2026. The capital gain is expected to be approximately 6 billion yen and will be recorded as a special profit in the fourth quarter of the fiscal year ending March 2026. Transfer amounts and book values are confidential and not disclosed.\n\n### Background and Future Utilization\nThe company prioritizes improving ROE and, as part of capital efficiency initiatives, resolved and executed the sale of some real estate business assets. Funds obtained from the transfer will be used for growth investments, share buybacks, and special dividends to enhance corporate value and strengthen shareholder returns. The special profit arising from this transfer is already factored into the full-year earnings guidance, and there is currently no revision to the earnings forecast.","jir_financial_highlights":"Capital Gain: Approximately 6 billion yen (Unknown)\nTransferred Asset Area (Land): 1,571.25\u33a1 (Unknown)\nTransferred Asset Area (Total Floor Area of Buildings): 3,713.91\u33a1 (Unknown)","jir_category":"","jir_hashtags":"#OsakiElectricCoLtd, #BusinessAssetTransfer, #JapaneseStocks","jir_key_figures":"Capital Gain: Approximately 6 billion yen (to be recorded as special profit)\nTransferred Assets (Land): 1,571.25\u33a1 (Minamiazabu, Minato-ku, Tokyo)\nTransferred Assets (Total Floor Area of Buildings): 3,713.91\u33a1","jir_meta_title":"Osaki Electric to Record Approximately 6 Billion Yen Special Profit from Fixed Asset Transfer by Consolidated Subsidiary","jir_meta_description":"Osaki Electric Co., Ltd.'s consolidated subsidiary Osaki Estate transferred land and buildings in Minato-ku, Tokyo for about 6 billion yen, with special profits expected in Q4 FY2026. Funds to be allocated to growth investments and shareholder returns.","jir_og_title":"Osaki Electric Announces Completion of Fixed Asset Transfer by Consolidated Subsidiary","jir_og_description":"Osaki Electric announces completion of fixed asset transfer by its consolidated subsidiary, expecting approximately 6 billion yen in special profits to enhance capital efficiency and shareholder returns.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17250,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-36118","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>(Disclosure Progress) Notice Regarding Completion of Fixed Asset Transfer Procedures at Consolidated Subsidiary - 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