Decided To Sell 7 Properties Determined To Have Low Strategic Value
17/08/2026 07:37
BRIEF-Toho Co - Decided To Sell 7 Properties Determined To Have Low Strategic Value Aug 17 (Reuters) - TOHO CO., LTD. 9602.T:
NOTICE CONCERNING SALE OF PROPERTIES ASSOCIATED WITH REVIEW OF REAL ESTATE HOLDING POLICY
DECIDED TO SELL 7 PROPERTIES IN REGIONAL AND SUBURBAN AREAS DETERMINED TO HAVE LOW STRATEGIC VALUE FOR COMPANY
EXPECT TO RECORD A TOTAL OF ABOUT 0.3 BILLION YEN IN GAIN ON SALE OF NON-CURRENT ASSETS AS EXTRAORDINARY INCOME
EXTRAORDINARY INCOME IS SCHEDULED TO BE RECORDED SEQUENTIALLY AS THE DELIVERY OF EACH PROPERTY IS COMPLETED
TIMING EXPECTED TO BE FROM SECOND QUARTER TO FOURTH QUARTER OF FISCAL YEAR ENDING FEBRUARY 28, 2027
Source text: ID:nTStq7f614
Further company coverage: 9602.T