Asulina to Record Special Gain From Asset Sale in Q4 FY2026
TOKYO, Jul 14 (Pulse News Wire) – Asulina CO.,LTD. (3647.T) announced that its board of directors, held , approved the sale of part of the company's fixed assets.
The transaction is expected to result in special gains recorded in the fourth quarter of the fiscal year ending August 2026. The decision to sell the assets stems from ongoing efforts to optimize management resources and strengthen the company’s financial structure. Specifically, the company plans to transfer some real estate holdings to their current ground leaseholders. Details such as the buyer and the selling price remain undisclosed due to confidentiality agreements. The asset being sold includes land measuring 3,347 square meters located at Mie, Shima Shi Isobe Chou Eri Hara.
According to the latest consolidated balance sheet, the book value of the property does not exceed 30% of the group's total consolidated net assets as of the previous fiscal year-end. However, the anticipated gain from this transaction exceeds 30% times the average parent company shareholders' equity attributable profit over the last five years. The agreement was finalized , with the settlement and delivery scheduled for July 21, 2026. The buyer is currently the ground lessee but has no capital or personal ties to ASULINA, nor is it considered a related party. Looking ahead, ASULINA expects to record the resulting gains as special income in the fourth quarter of the fiscal year ending August 2026.
The company is still evaluating the impact on overall fiscal performance and will promptly disclose any necessary adjustments to forecasts.
