Azplanning Sells Tokyo Property, Repays Loans
TOKYO, Jul 30 (Pulse News Wire) – Azplanning Co.,Ltd. (3490.T) sold two properties, including a 11-story office building located in Tokyo, Taitou Ku, and repaid loans totaling ¥930 million to three lenders.
The transactions took place. Details of the property sales and loan repayments are as follows: - Office Building A was sold to undisclosed buyers due to confidentiality agreements. The sale included a 11-story steel structure in Tokyo, Taitou Ku. - Residential Unit B, a 9-story reinforced concrete building in Tokyo, Shibuya Ku, was also sold but details remain confidential. Loan repayment specifics: - Toresan Bank: Loan amount ¥930 million, borrowed on March 26, 2026, secured by assets, repaid.
- Takino Credit Union: Loan amount ¥100 million, borrowed on March 25, 2026, unsecured, repaid. - Chiba Bank: Loan amount ¥140 million, borrowed on August 28, 2025, secured by assets, repaid. Each loan exceeded 30% of the company's net assets as of February 2026, which amounted to ¥3.986 billion. Looking ahead, Azplanning expects no significant impact on its performance forecast for the fiscal year ending June 2026. However, any necessary adjustments or additional disclosures will be promptly communicated.
