DEAR LIFE Acquires Revenue-Generating Property Near Ikebukuro Station

TOKYO, Jul 28 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) acquired a revenue-generating property near Ikebukuro Station in Tokyo.

The property, located within walking distance of multiple train lines including JR Yamanote Line, offers high accessibility and is situated in a residential area close to commercial facilities such as supermarkets and convenience stores. The property, named (Provisional Name) DeLCCS Ikebukuro III, spans 681.06 square meters (206.02 tsubo) and consists of an eight-story reinforced concrete building used for common housing. The acquisition was funded through internal funds and loans from financial institutions.

Details of the seller and transaction price remain confidential due to a non-disclosure agreement. There are no significant capital, personal, or transaction relationships between Dear Life and the seller. Regarding future performance forecasts, the company expects minimal impact on its consolidated earnings for the fiscal year ending September 2026, as the property is currently leased out.

Should any major impacts on performance be identified, the company will promptly inform stakeholders.