Seibu Holdings to record ¥5.4 bn gain from final Toshimaen land sale

Seibu Holdings Inc. announced on October 28, 2025, that its consolidated subsidiary, Seibu Railway Co., Ltd., will record an extraordinary gain of an estimated ¥5.4 billion. This gain will be recognized in the consolidated financial results for the nine months ending December 31, 2025, within the third quarter of the fiscal year ending March 31, 2026.

This transaction involves the transfer of approximately 22,092.10 m² of land from the former Toshimaen site in Nerima-ku, Tokyo, to the Tokyo Metropolitan Government. This is the latest in a series of asset transfers, previously announced on September 29, 2022, October 31, 2023, and October 29, 2024, all conducted to cooperate with the Tokyo City Planning, Park No. 5/5/10 Nerima-Joshi Park Project. This final transfer concludes Seibu Railway's involvement in the project.

The decision was made on October 28, 2025, with the transfer agreement and asset handover scheduled for November 14, 2025. Seibu Holdings confirmed that this extraordinary income has already been reflected in the full-year consolidated earnings forecasts for the fiscal year ending March 31, 2026, which were announced on May 14, 2025.