TOKYO, Mar 19 (Pulse News Wire) – Frontier House CO.,LTD. (5528.T) announced today that its board of directors approved the sale of a residential property.
The transaction will take place below the company’s consolidated revenue for the fiscal year ended June 2025 but will result in gains exceeding the net income attributable to parent shareholders for the same period. Details of the buyer and transaction specifics remain confidential due to non-disclosure agreements. The asset, scheduled for completion by August 2026, consists of a six-story reinforced concrete building with a planned floor area of 679.84 square meters located in Kanagawa, Yokohama Shi.
The agreement was signed, with delivery expected by the end of August 2026. The impact of this transaction on the company’s consolidated performance forecast for the fiscal year ending June 2026 remains unchanged; however, any significant developments will be disclosed promptly. In addition, Frontier House confirmed there are no notable capital or personal relationships between the company and the buyer.
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