Oji Holdings expects ¥19.9 bn gain from real estate sale

Oji Holdings Corporation's consolidated subsidiary, Oji Real Estate Co., Ltd., will transfer fixed assets, including land and buildings in Tokyo's Minato-ku. These include Oji Homes Aoyama and Oji Real Estate Aoyama Bldg. This transaction is part of the "Medium-Term Management Plan 2027," aimed at improving capital efficiency and asset slimming. The transfer is scheduled for completion by March 2026.

The divestiture is expected to generate an extraordinary income of 19.9 billion yen (gain on sale of non-current assets) in Oji Holdings' consolidated financial results for the fiscal year ending March 2026. The transfer price and book value are not disclosed due to the transferee's request. The transferee is a domestic corporation with no existing capital, personnel, or business relationships with Oji Holdings.

Separately, Oji Holdings also announced the receipt of dividends from two consolidated subsidiaries. Oji Materia Co., Ltd. will pay 74.7 billion yen, and Oji Imaging Media Co., Ltd. will pay 15.1 billion yen. These dividends will be recorded as operating revenue in Oji Holdings' non-consolidated financial statements for the fiscal year ending March 2026 but will not impact consolidated financial results. The company maintains its consolidated financial forecast for the fiscal year ending March 2026.