TOKYO, Jun 11 (Pulse News Wire) – DKK CO.,LTD. (6706.T) completed the transfer of fixed assets previously announced on March 22, 2024.
The transaction involves land located in Fujimi-nosato City, Saitama Prefecture, covering approximately 8,265.26 square meters, which was formerly used as office space. Due to confidentiality agreements with the undisclosed buyer, precise figures for the sale price and book value cannot be disclosed. However, the company confirms the transaction reflects fair market value. As a result, DKK expects to record a special gain of around June 11, 2026 during the first quarter of its fiscal year ending March 2027.
This anticipated profit has already been incorporated into the company's forecasted consolidated performance for the entire fiscal year. The asset transfer process began with a board resolution on March 22, 2024, followed by contract signing on March 28, 2024. Physical possession of the property was handed over . There are no capital, personnel, or trading relationships between DKK and the undisclosed buyer, who does not qualify as a related party according to regulatory definitions.
🟡 Confidence: Standard AI-translated content.