Japan Metropolitan Fund Investment Corporation [8953.T]
TOKYO, Mar 31 (Pulse News Wire) – Japan Metropolitan Fund Investment Corporation (8953.T) completed its second property transfer involving Konami Sports Club Kyobashi. This concludes the series of transfers announced on January 24, 2025.
The transferred asset includes Konami Sports Club Kyobashi with a transfer price of ¥3.725 billion. The transfer was part of the fourth quarter of fiscal year 2026 (49th term).
As previously disclosed, the expected sale profit is subject to conditions outlined in the revised forecast released on December 19, 2025. Regarding the disposition of proceeds, the company anticipates generating ¥2.051 billion in sales profits during the August 2026 quarter (49th term) and plans to fully return these funds to investors.
Additionally, the proceeds from this transaction will be used to repay newly borrowed short-term loans associated with recent real estate acquisitions, as detailed in the announcement dated August 27, 2025.
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