Dear Life acquires income-producing property in Tokyo's Shinjuku-ku

DEAR LIFE CO., LTD. today announced the acquisition of "DeLCCS Waseda IV," an income-producing property located in Nishi-Waseda, Shinjuku-ku, Tokyo. The property, an 8-minute walk from Waseda Station, has a total floor area of 487.24 m² and comprises reinforced concrete construction with six floors above ground, intended for condominium and retail space. The acquisition was funded through a combination of internal capital and borrowings from financial institutions.

The company stated that the seller and purchase price remain confidential due to a non-disclosure agreement. Dear Life's acquisition is part of its strategy to enhance functionality and lease-up the property through internal and external renovations and facility renewals to secure stable income.

Given that the property is currently leased, the rental income generated is expected to have a minimal impact on Dear Life's consolidated financial results for the fiscal year ending September 30, 2026. Any material impact on future financial results will be promptly announced.