Dear Life acquires income-generating Tokyo real estate

Dear Life Co., Ltd. has acquired a property, tentatively named DeLCCS Kikukawa, located in Sumida Ward, Tokyo. The property is conveniently situated within walking distance of Kikukawa Station and Kinshicho Station, offering excellent access to major business and commercial areas. The building is a 6-story steel-reinforced concrete structure with a total floor area of 733.18 ㎡, designated for residential and office use.

The company plans to improve the property through interior and exterior renovations, equipment renewal, and lease-up efforts to ensure stable revenue. Funding for the acquisition will come from a combination of the company's own funds and borrowings from financial institutions. The acquisition price and the identity of the seller are undisclosed due to confidentiality agreements.

Dear Life states that the property is currently leased, and the rental income generated from it is expected to have a minor impact on the consolidated earnings for the current period (September 2026 fiscal year). The company will promptly announce any significant impacts on performance should they arise.