DEAR LIFE Acquires Revenue-Generating Property Near New Egota Station

TOKYO, Jul 09 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property near the New Egota station on the Toei Oedo Line and Sakuraue station on the Seibu Ikebukuro Line.

The property, located in Nerima Ward, boasts convenient transportation links and is surrounded by parks and educational institutions, offering a balanced living environment. The acquired property, tentatively named DeLCCS New Egota II, spans 526.30 square meters (159.21 tsubo) and consists of a reinforced concrete structure with five floors. It includes retail space and residential units. The company plans to enhance the property's functionality through interior renovations and improved leasing strategies to ensure stable income generation.

Details of the transaction, including the purchase price, remain undisclosed due to confidentiality agreements with the seller. There are no capital, personal, or commercial relationships between Dear Life and the seller that would require disclosure. Regarding future performance expectations, the company stated that the impact on the consolidated earnings for the fiscal year ending September 2026 will be minor since the property is currently leased out. Any significant changes affecting future earnings will be promptly communicated.