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

Dear Life Co., Ltd. today announced the acquisition of an income-producing property, tentatively named "DeLCCS Nihonbashi-Hisamatsucho," located in Nihonbashi-Hisamatsucho, Chuo-ku, Tokyo. The property, with a total floor area of 1,980.27 m², is a steel-reinforced concrete building with a flat roof, spanning eight floors above ground. It is designated for office, retail, and storage use, and its acquisition was funded through a combination of internal capital and borrowings from financial institutions.

The property boasts excellent transportation links, being a 3-minute walk from Bakuroyokoyama and Higashi-Nihonbashi stations, a 6-minute walk from Bakurocho station, and a 7-minute walk from Ningyocho station. This prime location offers direct access to major business and commercial areas like Shinjuku, Asakusa, and Nihonbashi, and is situated along Kiyosubashi Street, known for its various shops and amenities.

Due to a confidentiality agreement, the seller and the purchase price were not disclosed. Dear Life stated there are no capital, personnel, or business relationships requiring disclosure between the company and the seller. As the property is currently leased, the rental income is expected to have a minimal impact on the company's consolidated financial results for the fiscal year ending September 30, 2026, with any material impact to be announced promptly.