TOKYO, Apr 01 (Pulse News Wire) – Ohba CO.,LTD. (9765.T) announced today that it has entered into contracts with the Ministry of Finance's Kanto Regional Taxation Bureau for the provision of unutilized national land surveys and auction assistance services in the Greater Tokyo Area and North Kanto-Shinetsu regions.
Under the three-year contract period from April 2026 to March 2029, OHBA will undertake comprehensive tasks including property documentation creation, underground facility investigations, soil contamination assessments, and measurement work. Additionally, the company will assist in general competitive bidding processes. The total contracted amount, inclusive of tax, stands at ¥2.532 billion, with ¥1.550 billion allocated for the Greater Tokyo Area and ¥981.8 million for the North Kanto-Shinetsu region.
Recognizing the importance of these survey operations related to the disposal of state-owned properties, OHBA intends to leverage its 16-year track record in such projects to ensure robust organizational structure, quality control, project management, and safety measures throughout the duration of the contracts. In terms of future outlook, the company does not anticipate immediate impact on its fiscal performance for the current fiscal year but views these engagements as beneficial for long-term growth. Should significant impacts arise, OHBA will promptly disclose such developments.
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