Source disclosure: January 30, 2026

CHUBU SHIRYO CO.,LTD. [2053.T]

TOKYO, Jan 30 (Pulse News Wire) – Chubu Shiryo CO.,LTD. (2053.T) announced today that its board of directors approved the sale of certain fixed assets.

The transaction includes land measuring 11,672 square meters and buildings covering 21,228.97 square meters. Located in Kanagawa, Yokohama Shi Tsurumi Ku Daikoku Chou, the asset currently serves as a logistics warehouse rental property. Chubu Shiryō expects to record approximately ¥3.100 billion in gains from this sale during the first quarter of fiscal year 2027.

The company plans to finalize the contract, with the handover scheduled for April 2026. The identity of the buyer remains undisclosed due to confidentiality agreements. This transaction will have no impact on the consolidated results for the fiscal year ending March 2026 but is anticipated to contribute positively to the upcoming period's performance.

AI-translated content. 🟢 Confidence: High See termsOriginal filing

💬 Help us improve translation quality
Notice any errors in this article? Let us know with one click.
🎁 Report 3+ errors with your email and get a free month of premium access