Dear Life acquires income property in Tokyo's Shibuya district

Dear Life Co. announced on December 5, 2025, the acquisition of an income-producing property known as DeLCCS Yoyogi Park II. The property, a condominium with retail space, is located in Tomigaya, Shibuya-ku, Tokyo. It offers convenient access, being a 5-minute walk from Yoyogi-koen Station on the Tokyo Metro Chiyoda Line and Yoyogi-Hachiman Station on the Odakyu Odawara Line. The property has a total floor area of 1,120.12 square meters and features an eight-story reinforced concrete and steel-concrete structure with one basement level.

The acquisition was financed through a combination of internal capital and borrowings from financial institutions. The company plans to enhance the property's value through renovations and lease-up initiatives to ensure stable revenue. Due to a confidentiality agreement, Dear Life has not disclosed the seller's identity or the acquisition price.

Dear Life anticipates a minimal impact on its consolidated financial results for the fiscal year ending September 30, 2026, from the rental income generated by this leased property. The company will issue further announcements should a material impact on its financial performance become evident.