SYLA Co., Ltd. (hereinafter "SYLA"), a consolidated subsidiary of SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter "the Company"), hereby announces that it resolved to sell real estate for sale at a Board of Directors meeting held today.

Overview of the 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

(*) Regarding the sale price, we have decided not to disclose it based on a confidentiality agreement between the Company and the buyer; however, it is equal to or greater than 10% of the Company's net sales for the previous fiscal year (fiscal year ended May 2025).

Please check our website for details. https://syla-holdings.jp/ir/investor_relations/

Impact on Business Performance

The recording of sales and profits associated with this sale is scheduled for the end of November 2026, which is the planned date for the completion and delivery of the property. Therefore, we do not currently plan to revise our earnings forecast for the fiscal year ending May 2026 due to this disclosure. However, if a revision to the earnings forecast becomes necessary due to other factors, we will announce it promptly.

SYLA Holdings Co., Ltd. Company Overview Headquarters: Ebisu Prime Square 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo Representative Director and Chairman, Group Executive Officer CEO: Hiroyuki Sugimoto Founded: September 1970 Capital: 2,363 million yen Business Description: Comprehensive real estate business, construction business, renewable energy business, real estate tech business Website: https://syla-holdings.jp

[Inquiries regarding this matter] SYLA Holdings Co., Ltd. Contact: Corporate Communications Department, Kubo

FACT BOX

  • Source: PR TIMES
  • Category: financial