TOKYO, Mar 12 (Pulse News Wire) – Lion Office Products Corp. (423A.T) announced today that its board of directors resolved to sell a fixed asset, the Hachioh Logistics Warehouse, .
The sale, aimed at enhancing capital efficiency, includes land and buildings located at Saitama, Yashio Shi Ooaza Ni Choume U Noboru173 and Saitama, Yashio Shi Ooaza Ni Choume U Noboru175 respectively, covering an area of 8461.38 square meters for land and 6,065.55 square meters for buildings. The transaction price is set at ¥1.050 billion, while the book value stands at ¥1.002 billion, resulting in an estimated gain of ¥16 million. The contract is scheduled to be finalized on March 18, 2026, with delivery expected in August 2026.
The buyer, a domestic entity, remains undisclosed due to confidentiality agreements. There are no significant capital, personal, or transactional relationships between the buyer and Lion Office Products Corp. In the fourth quarter of the fiscal year ending September 2026, the company expects to record approximately ¥16 million as special income from the asset sale.
This amount was included in the consolidated earnings forecast published on November 14, 2025.
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