Source disclosure: February 02, 2026
TOKYU REIT, Inc. [8957.T]
TOKYO, Feb 02 (Pulse News Wire) – TOKYU REIT, Inc. (8957.T) adjusted the status of its related party, Tokyu Land Corporation, due to changes in transaction volumes during the fiscal year ending January 31, 2025.
As per regulations, Tokyu Land Corporation was classified as a significant related party from January 31, 2022, through January 31, 2025, but failed to meet the threshold criteria for the subsequent fiscal year ending January 31, 2026, thus ceasing to be considered a significant related party. Key details of Tokyu Land Corporation include a capital of ¥57.55 billion (as of January 31, 2023), established on December 17, 1953, and headquartered at Tokyo, Shibuya Ku Dougenzaka Ichi Choume 21-1.
Its primary operations encompass real estate leasing and sales. Additionally, Tokyu REIT acquired "Nichigashigaoka Rise" from Tokyu Land Corporation on March 31, 2025, and transferred "Conze Ebisu" to the same entity on September 30, 2024.
The adjustment does not impact the projected operational performance for the fiscal year ending July 31, 2026, which remains unchanged from previous forecasts released on January 31, 2026.
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