Niigata Kotsu Co.,Ltd. [9017.T]
TOKYO, Mar 30 (Pulse News Wire) – Niigata Kotsu CO.,LTD. (9017.T) announced today that it has entered into a real estate sales contract to transfer its fixed asset, the BP2 building located in Nagaoka City, to NH Next Corporation.
The BP2 building, which includes land measuring 5,384.06 square meters and a total floor area of 10272.04 square meters, was transferred for approximately ¥50 million. The transaction resulted in an estimated loss of ¥50 million for the fiscal year ending March 2026.
The transfer follows a decision based on the judgment that introducing fresh perspectives and expertise would enhance the attractiveness of the Maniwa City area beyond its half-century legacy. NH Next's marketing prowess, brand strength, and extensive network were deemed instrumental in expanding the appeal of Maniwa City and enhancing its long-term value.
Post-transfer, the building will continue to operate under the name "BP2." Ownership transfer is scheduled to take place on June 1, 2026.
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