Source disclosure: January 30, 2026
SEIHYO CO.,LTD. [2872.T]
TOKYO, Jan 30 (Pulse News Wire) – Seihyo CO.,LTD. (2872.T) decided to sell land assets during its January 30 board meeting and signed a real estate purchase agreement on the same day.
As a result, the company expects to record special gains of ¥19 million in the fourth quarter of its fiscal year ending February 2026. The sale stems from the company's decision to freeze plans for a new factory in Niigata City due to a shift in strategic focus towards acquiring facilities from Morinaga Hokuriku Dairy Co., Ltd. This move was aimed at enhancing capital efficiency and improving growth prospects while also reducing investment costs compared to building a new facility.
Additionally, it secured employment for staff previously involved in ice cream and frozen dessert production at the acquired plant, allowing for rapid expansion of production capacity. The proceeds from the asset sale will support ongoing efforts to strengthen the company’s financial structure through effective utilization of resources and debt repayment, as well as fund future equipment investments. The transaction involves transferring approximately 17078.27 square meters of land located in Niigata, Niigata Shi Kita Ku Taroudai.
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