TOKYO, May 29 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today that it has acquired a revenue-generating property located near major business areas in central Tokyo.
The property, named Chiyoda-Kudancho Mansion, is situated in Chiyoda Ward, just two minutes' walk from Kudanshita Station on the Tokyo Metro Tozai Line, Hanzomon Line, and Toei Shinjuku Line. It also offers convenient access to Iidabashi Station via multiple subway lines within six minutes and JR Sobu Line within nine minutes. The property spans 4,311.9 tsubo (approximately 14,252 square meters) and consists of a reinforced concrete structure with 13 floors above ground and one below. It includes residential units and office space.
The acquisition was funded through internal funds and loans from financial institutions. Regarding the seller and transaction details, the company stated that due to confidentiality agreements, further specifics cannot be disclosed. However, 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 while the property is currently leased out, its impact on the consolidated earnings for the fiscal year ending September 2026 is expected to be minor.
Should any substantial effects on future earnings arise, the company pledged to promptly inform stakeholders.
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