TOKYO, Apr 07 (Pulse News Wire) – SALA Corporation (2734.T) resolved to sell its entire stake in subsidiary Miyashita Construction Co., Ltd. during a board meeting held on April 07, 2026.
The decision was made to optimize the group's portfolio and focus resources on growth areas. Miyashita Construction, founded on September 07, 1988, operates in housing construction and real estate transactions. It had revenues of ¥1.198 billion, ¥1.279 billion, and ¥1.435 billion in fiscal years ending November 2023, 2024, and 2025 respectively. The shares will be transferred to three recipients: Mr.
Yuji Miyashita, his wife Michiko Miyashita, and Miyah Co., Ltd. The transaction is set to conclude on September 07, 1988. As part of the deal, SALA will divest its 200 shares, reducing its holding ratio to zero. Financial details of the transaction remain confidential due to non-disclosure agreements.
This sale is expected to have a minor impact on SALA’s consolidated performance for the fiscal year ending November 2026.
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