FilingReader Intelligence

Dear Life acquires new income-generating property in Tokyo's Meguro district

December 8, 2025 at 03:09 AM UTCBy FilingReader AI

Dear Life Co. announced on December 8, 2025, the acquisition of a new income-generating real estate property named "(tentative name) DeLCCS Komaba-todaimae." The property is located at Komaba 1-chome, Meguro-ku, Tokyo, offering excellent accessibility. It is a 5-minute walk from Komaba-todaimae Station on the Keio Inokashira Line and a 10-minute walk from Ikejiri Ohashi Station on the Tokyu Den-en-toshi Line.

The property has a total floor area of 899.77 m² (272.18 tsubo) and is a four-story reinforced concrete building with a flat roof. It is designated for mixed use, including residential, retail, and office spaces. The acquisition was funded through the company's own capital and borrowings from financial institutions.

While the acquisition price and original owner remain confidential due to a non-disclosure agreement, Dear Life confirmed no capital, personnel, or transactional relationships exist with the seller. The company anticipates a minor impact on its consolidated earnings for the fiscal year ending September 2026, stemming from rental income generated by the currently leased property.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3245Tokyo Stock Exchange

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