TOKYO, Apr 23 (Pulse News Wire) – J-REX Corporation (2995.T) announced today that its board of directors has approved the sale of a property located in Tokyo, Shinjuku Ku. The land parcel covers 492.62 square meters.
Details of the buyer and the transaction price remain undisclosed due to confidentiality agreements. However, the selling price exceeds the amount equivalent to 10% of the company’s fiscal 2025 (ended June 2025) consolidated revenue.
The contract signing is scheduled for April 28, 2026, with delivery expected on October 30, 2026. There are no capital or personal relationships between J-REX and the buyer.
Regarding future outlook, the proceeds from this sale have already been incorporated into the earnings forecast disclosed on August 26, 2025.
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