SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, Representative Director and Chairman: Hiroyuki Sugimoto, Securities Code: 8887, hereinafter referred to as "the Company") announces that its consolidated subsidiary, SYLA Co., Ltd. (hereinafter referred to as "SYLA"), resolved at the Board of Directors meeting held today to sell real estate for sale. Overview of Property for Sale Location Hatagaya, Shibuya-ku, Tokyo Type Land and Apartment Building Land Area 570.26 m² (Registered Area) Total Floor Area 1,205.34 m²

(※) The sale price is not disclosed due to confidentiality agreements with the Company and the buyer. However, it is an amount equivalent to 10% or more of the Company's net sales for the immediately preceding fiscal year (fiscal year ending May 2025).

For details, please check our website. https://syla-holdings.jp/ir/investor_relations/ Impact on Performance The recognition of sales and profits related to this sale is scheduled for the end of November 2026, which is the planned completion and handover date of the property. Therefore, there are no plans at this time to revise the earnings forecast for the fiscal year ending May 2026 due to this disclosure. However, if a revision of the earnings forecast becomes necessary due to other factors, we will promptly announce it.

SYLA Holdings Co., Ltd. Company Profile Headquarters: 1-1-39 Hiroo, Shibuya-ku, Tokyo Ebisu Prime Square 7F Representative Director and Chairman, Group Executive Officer, CEO: Hiroyuki Sugimoto Founded: September 1970 Capital: 2,363 million yen Business Activities: Comprehensive Real Estate Business, Construction Business, Renewable Energy Business, Real Estate Tech Business HP: https://syla-holdings.jp

【Contact for Inquiries】 SYLA Holdings Co., Ltd. Contact: Corporate Communication Department, Kubo

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  • Source: PR TIMES
  • Category: News