DEAR LIFE Acquires Revenue-Generating Property Near Oiso Station

TOKYO, Jul 16 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced the acquisition of a revenue-generating property located near Oiso Station on the JR Tokaido Main Line.

The property, tentatively named DeLCCS Oiso Parking Lot, benefits from high visibility along National Route 1 and excellent transportation accessibility. Situated within walking distance of Oiso Station, the area is known for its cultural and historical attractions, such as the historic beaches and former prime minister's villas, which are expected to drive tourist traffic and parking demand. The acquired property will serve as a parking lot and was funded through a combination of internal funds and bank loans.

Details of the transaction, including the purchase price and seller identity, remain confidential due to non-disclosure agreements. The company emphasized there are no significant capital, personal, or transactional relationships between Dear Life and the seller. Regarding future performance expectations, the company stated that while the property is currently leased out, its impact on the consolidated earnings for the fiscal year ending September 2026 is anticipated to be minor.

Should any substantial changes arise that could significantly affect future earnings, Dear Life will promptly update stakeholders.