Jinushi to book gain from asset transfer, projects record net profit

Jinushi Co. Ltd. announced a resolution to transfer certain fixed assets, anticipating an extraordinary gain of approximately JPY 1,586 million from the sale of two leased land properties. These assets, acquired in 2021, have a book value of JPY 8,014 million. The transfer is scheduled for October 1, 2025, with settlement and delivery on December 16, 2025.

The transaction, leveraging a bridge scheme, involves ML Estate Company, Limited as the transferee. This strategic asset replacement follows Jinushi's accelerated purchasing efforts, which have reached JPY 70.0 billion as of July, surpassing the fiscal year target.

This extraordinary gain, combined with ongoing purchase and project sales progress, is expected to lead to an upward revision of Jinushi's consolidated forecast for the fiscal year ending December 31, 2025, aiming to exceed the current net profit forecast of JPY 6.1 billion and achieve a record-high net profit.