Source disclosure: February 18, 2026
TSUBAKI NAKASHIMA CO.,LTD. [6464.T]
TOKYO, Feb 18 (Pulse News Wire) – Tsubaki Nakashima CO.,LTD. (6464.T) decided to sell part of its fixed assets held by TN GEORGIA, INC., a subsidiary based in Georgia, USA.
The sale includes approximately 19 acres (about 76,890 square meters) of land valued at $470 million. The transaction is expected to result in a gain of around $148.9 million, which will be recorded as extraordinary income in the fiscal year ending December 2026. The move follows a review of the company's asset portfolio as part of its ongoing mid-term management plan.
The proceeds from the sale aim to enhance operational efficiency and optimize resource allocation within the group. The buyer, Euphoric Development LLC, is a real estate firm located in Atlanta, Georgia, with no prior relationship to TSUBAKI NAKASHIMA. The transfer of the property is scheduled to take place in February 2026.
The company noted that while the impact of this transaction was already considered in their previously disclosed earnings forecast for the fiscal year ending December 2026, any future adjustments to the outlook will be communicated promptly.
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