DEAR LIFE CO.,LTD. [3245.T]

TOKYO, Jun 04 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located within walking distance of the Kanda-Komaba Station on the Tokyo Metro Komaba Line, Toei Mita Line, and Toei Shinjuku Line.

The property offers excellent accessibility to major central terminal stations such as Otemachi and Shinjuku. The area surrounding the property features a vibrant atmosphere with bookstores, restaurants, offices, educational institutions, and cultural facilities. It is situated along Yasukuni-dori, known for its high commercial convenience, and is close to the Chiyoda City Library and university campuses, providing a serene intellectual environment alongside urban conveniences. Dear Life plans to enhance the property's functionality through interior and equipment renovations, aiming to secure stable rental income. The building covers approximately 671.03 square meters and consists of six floors above ground with one basement level, constructed with reinforced concrete and steel structures.

Regarding financing, the company utilized its own funds and loans from financial institutions. Details of the purchase price and seller remain undisclosed due to confidentiality agreements. There are no significant capital, personal, or transactional relationships between Dear Life and the seller. For the fiscal year ending September 2026, the impact of rent income from this property on consolidated earnings is expected to be minor. Should any substantial changes occur affecting future performance, the company will promptly inform stakeholders.

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