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

TOKYO, Mar 26 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near the Prince Kamiya station on the Tokyo Metro Namboku Line.

The property offers direct access to central business and commercial areas such as Kanda and Nagatacho stations, making it highly accessible due to its proximity to major transportation hubs. Located in a quiet residential area with numerous detached homes and apartment buildings, the site features well-developed amenities including supermarkets, drugstores, and dining establishments. Nearby attractions include the Kitaku Kamiya-bori Park and educational institutions like Tokyo Seidō High School and Shunrai Gakuen Junior and Senior High School. The acquired property, tentatively named DeLCCS Prince Kamiya, spans 838.51 square meters (253.65 tsubo) and consists of a five-story reinforced concrete building designed for communal housing.

Funding for the purchase was sourced through internal funds and loans from financial institutions. Regarding the transaction details, the company stated that due to confidentiality agreements with the seller, further specifics cannot be disclosed. Additionally, there are no significant capital, personal, or transactional relationships between Dear Life and the seller. In terms of future performance outlook, the company noted that the property is currently leased out, and the impact on the consolidated operating results for the fiscal year ending September 2026 is expected to be minor.

Should any substantial changes arise that could significantly affect earnings, the company pledged to promptly inform stakeholders.

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