TOKYO, Mar 31 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near major stations in Chuo Ward's Nihonbashi Hamacho district.
The property, known provisionally as Dear Life Nihonbashi Hamachou Building, is situated within a minute’s walk from the Oedo Line “Hamamachi” station and seven minutes’ walk from the Hibiya and Asakusa lines' “Nihombashi” station. The building covers an area of 1144.87 square meters (346.32 tsubo) and consists of nine floors built with reinforced concrete construction. It includes office space, clinics, shops, and other commercial uses. The company plans to enhance its functionality through interior and exterior renovations and lease upgrades to ensure stable income.
Funding for the purchase was sourced from internal funds and loans from financial institutions. Regarding the transaction details, due to confidentiality agreements with the seller, the company cannot disclose the buyer or the price paid. However, there are no significant capital, personal, or transactional relationships between Dear Life and the seller. In terms of future performance expectations, the acquired property is currently leased out, and its impact on the consolidated earnings for the fiscal year ending September 2026 is expected to be minor.
Should any substantial changes occur that could significantly affect the company's performance, Dear Life will promptly inform stakeholders.
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