TOKYO, Mar 13 (Pulse News Wire) – Fujimak Corporation (5965.T) announced today that its board of directors has decided to sell certain fixed assets. As a result, the company expects to record special gains from asset sales in the second quarter of fiscal year 2026 ending December 2026.
The sale includes a rental property located in Tokyo, Minato Ku Shinbashi consisting of land measuring 123.84 square meters. Additionally, a neighboring piece of land owned by subsidiary Epic Co., Ltd., also situated in Tokyo, Minato Ku Shinbashi, will be sold concurrently. Details of the transaction price remain undisclosed due to agreements with the buyer, but the sale reflects fair market value.
Fujimak anticipates individual and consolidated earnings impacts of ¥1.434 billion and ¥3.167 billion, respectively, from the sale. The transaction is scheduled to close on March 17, 2026 with delivery expected on May 29, 2026. This move aims to enhance the company's operational efficiency and strengthen its financial structure through effective utilization of resources.
The company did not disclose further specifics about the buyer, noting there are no significant capital, personal, or transactional relationships between the two entities.
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