FilingReader Intelligence

Nipro sells domestic real estate trust, expects ¥4.1bn gain

June 23, 2025 at 12:05 PM UTCBy FilingReader AI

Nipro Corporation (TSE:8086) announced today that it has decided to transfer the beneficial interest in a domestic real estate (land) trust, anticipating an extraordinary gain. The transfer, formalized on June 20, 2025, involves land located at 2-1-1 Shinmeidai, Hamura, Tokyo, and is expected to yield a gain on sale of fixed assets of ¥4.1 billion in the first quarter of the fiscal year ending March 2026. The buyer, Hulic Co., Ltd., will continue to lease the property back to Nipro, ensuring no relocation of Nipro's factory. The sale price is ¥10.0 billion, compared to a book value of ¥5.9 billion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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