FilingReader Intelligence

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

December 18, 2025 at 03:39 AM UTCBy FilingReader AI

DEAR LIFE CO., LTD. has announced the acquisition of a new income-producing property, tentatively named "DeLCCS Yutenji II," located in Gohongi, Meguro-ku, Tokyo. The reinforced concrete condominium features three floors above ground and one basement floor, with a total floor area of 894.63m². Its prime location, a four-minute walk from Yutenji Station on the Tokyu Toyoko Line, offers excellent access to Shibuya and other major city terminals.

The acquisition was finalized on December 18, 2025, using internal capital and borrowings from financial institutions. The company did not disclose the seller or the purchase price due to a confidentiality agreement but confirmed no existing relationships with the seller.

The property is currently leased, and the rental income generated is expected to have a minimal impact on Dear Life's consolidated financial results for the current fiscal year ending September 30, 2026. The company committed to making a prompt announcement if any material impact on its financial results becomes evident.

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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