DEAR LIFE Acquires Revenue-Generating Property Near West Oshima Station

TOKYO, Jul 30 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near the West Oshima station on the Toei Shinjuku Line.

The property also offers convenient access to the JR Sobu Line's Kinshicho station. Situated within the popular Daishima area, known for its proximity to central Tokyo while maintaining a tranquil residential environment, the property benefits from well-developed amenities such as supermarkets, convenience stores, and drugstores. Additionally, the surrounding areas of Kameido and Kinshicho offer abundant commercial facilities and dining options, catering to diverse living needs ranging from singles to families. Following the acquisition, Dear Life plans to enhance the property through interior and exterior renovations, equipment upgrades, and lease optimization to ensure stable income generation.

Key details of the acquired property include: - Name: DeLCCS West Oshima II (provisional name) - Location: (Daishima 2-chome,Koto Ward) - Transportation: 8-minute walk from West Oshima station on the Toei Shinjuku Line - Gross Floor Area: 970.69 square meters (approximately 293.63 tsubo) - Structure: Reinforced concrete building with eight floors - Purpose: Collective housing - Funding: Self-funding and loans from financial institutions Regarding the transaction specifics, including the purchase price and seller, details remain confidential due to non-disclosure agreements. There are no significant capital, personal, or transactional relationships between Dear Life and the seller. In terms of future performance expectations, the company anticipates minimal impact on its consolidated earnings for the fiscal year ending September 2026, as the property is currently leased out. Should any substantial effects on earnings arise, Dear Life will promptly inform stakeholders.