TOKYO, Mar 31 (Pulse News Wire) – JALCO Holdings Inc. (6625.T) announced today that its subsidiary, JALCO Co., Ltd., has entered into a sales contract to acquire premium real estate located in Minato Ward’s Akasaka area.
The property consists of land measuring approximately 330 square meters and a building covering around 460 square meters, situated near a station within walking distance. The acquisition aligns with JALCO’s strategy to enhance its revenue base through the purchase and holding of high-quality properties expected to yield stable long-term returns. The company plans to leverage this asset for future sale opportunities, expecting strong liquidity and value retention due to its prime location. Additionally, JALCO intends to diversify its income sources and strengthen its asset portfolio by investing in assets with superior liquidity, valuation potential, and capital preservation characteristics in major urban areas such as Tokyo and Osaka.
The transaction was approved by the board of directors, and the sale agreement was finalized on the same day. The delivery and settlement are scheduled for May 29, 2026. The cost of the acquisition is below 10% of JALCO’s net assets as of the end of the previous fiscal year, and financing will come from bank loans and internal funds. In addition to expanding its real estate holdings, JALCO continues to invest in its new battery storage system business, aiming to bolster diversified revenue streams and enhance shareholder returns through sustainable dividend policies.
The company expects minimal impact on its consolidated performance for the fiscal year ending March 2026 but anticipates positive contributions to its long-term growth and enterprise value enhancement.
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