TOKYO, Jun 10 (Pulse News Wire) – Howtelevision,inc. (7064.T) announced today that it has recorded fixed assets and lease-related assets for its headquarters relocation completed during the first quarter of fiscal 2027 (February 1, 2026 to April 30, 2026).
The acquisition includes interior fittings and equipment for the new office located at 6-10-1 Minami-Azabu, Roppongi Hills Mori Tower, 28th floor. The total cost of the fixed assets was ¥431 million. Additionally, the company has recognized a lease asset based on the lease agreement for an area of 1318.83 square meters, with a total lease amount of ¥833 million. The lease contract was signed on February 17, 2025, with occupancy beginning on October 1, 2025.
The decision to acquire these assets was made at a board meeting held on February 17, 2025. The company stated that the impact on its current performance due to this transaction is expected to be minor. The acquired assets were obtained from multiple contractors and suppliers without any related party relationships with Howtelevision,inc. The lessor, Mori Building Co., Ltd., operates as a comprehensive developer and maintains no capital, personal, or trading relations with Howtelevision.
🟢 Confidence: High AI-translated content.