Nakayama Fudousan Decides to Sell Real Estate Below Revenue but Above Net Asset Value

TOKYO, Jun 30 (Pulse News Wire) – Nakayama Fudousan CO.,LTD. (5531.T) decided to sell real estate located in Tokyo, Minato Ku at a price below the company's recent fiscal year revenue (10%) but above the net asset value (30%).

The sale was approved during a board meeting held, and is expected to close by the end of July 2026. Details of the property include a land area of 199.98 square meters and a total floor space of 254.78 square meters, constructed as a two-story reinforced concrete building. Due to confidentiality agreements, specifics such as the buyer’s identity and the precise selling price remain undisclosed.

However, the profit from the sale exceeds the ordinary profit and net income of the recent fiscal year (30%). This transaction is anticipated to contribute positively to the company's projected performance for the fiscal year ending January 2027. Any further significant developments related to this sale will be promptly disclosed.