MBK to Sell Real Estate and Prepay Loan Early

TOKYO, Jul 24 (Pulse News Wire) – MBK CO.,LTD. (3121.T) announced plans to sell real estate assets located at Tokyo, Hachiouji Shi, and prepay a loan early on August 28, 2026.

The sale of the property, which includes residential units, shops, offices, parking lots, sports centers, and clinics, is expected to bring in significant revenue and operating profit of approximately ¥330 million. The transaction will also result in the recognition of extraordinary expenses due to the prepayment of the loan amounting to ¥34 million. The prepayment of the loan, secured by the aforementioned property, will reduce interest costs by approximately ¥40 million annually, benefiting the company's financial performance in the fiscal year ending October 2026.

The company expects the impact on its consolidated earnings for the fourth quarter of fiscal 2026 to be minor but will disclose any necessary updates promptly. In addition, MBK CO.,LTD. stated that it will continue to focus on selling non-core properties while maintaining a stable income base through long-term asset holdings.

The proceeds from such sales will be reinvested in more profitable ventures to enhance overall profitability.