SYLA Co., Ltd. (hereinafter "SYLA"), a consolidated subsidiary of SYLA Holdings Co., Ltd. (Head Office: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroshi Sugimoto; Securities Code: 8887; hereinafter "the Company"), announced today that its Board of Directors resolved to sell real estate for sale.
Overview of the Property for Sale
Location
Hatagaya, Shibuya-ku, Tokyo
Type
Land and multi-family housing
Land Area
570.26 m² (registered area)
Total Floor Area
1,205.34 m²
(*) The sale price will not be disclosed based on a confidentiality agreement between the Company and the buyer, but it is equivalent to 10% or more of the Company's net sales in the immediately preceding fiscal year (May 2025 term).
Please check our company website for details.
https://syla-holdings.jp/ir/investor_relations/
Impact on Business Performance
Sales and profits associated with this sale are scheduled to be recorded at the end of November 2026, which is the planned completion and handover date of the property. Therefore, no revision to the earnings forecast for the May 2026 term is planned at this time in conjunction with this disclosure. However, if a revision to the earnings forecast becomes necessary due to other factors, we will promptly make an announcement.
SYLA Holdings Co., Ltd. Company Profile
Head Office: Ebisu Prime Square 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo
Representative Director and Chairman, Group Executive Officer CEO: Hiroshi Sugimoto
Founded: September 1970
FACT BOX
- Source: PR TIMES
- Category: News