Dear Life to sell five Tokyo properties, boosting fiscal 2025 revenue

Dear Life Co., Ltd. has resolved to sell five properties held for sale, encompassing "DeLCCS Minami-Aoyama II," "DeLCCS Nagatacho," "DeLCCS Yoga II," "DeLCCS Moto-Azabu," and "DeLCCS Kameido II." These properties are situated in Tokyo's Minato, Chiyoda, Setagaya, and Koto wards, and consist of condominiums, offices, garages, and retail spaces.

The sales contracts for these properties are scheduled to be signed on September 26, 2025, with settlement and delivery expected on September 30, 2025. The total sale price of these properties is significant, amounting to 10% or more of Dear Life’s consolidated net sales from the previous fiscal year (ended September 30, 2024).

The revenue generated from these sales is expected to be recognized in the current fiscal year ending September 30, 2025. This transaction is already factored into the company’s full-year consolidated earnings targets, as outlined in the "Revision of Consolidated Performance Targets and Planned Dividend for the Fiscal Year Ending September 30, 2025 (Dividend Increase to Commemorate Record-High Profits)" press release issued on September 22, 2025. There are no disclosed capital, personnel, or business relationships between Dear Life and the purchaser.