Meidensha to sell Tokyo land and building, expects 5.3 bn yen gain

Meidensha Corporation, at a board of directors meeting on December 25, 2025, resolved to transfer fixed assets located in Osaki 2-chome, Shinagawa-ku, Tokyo. The assets comprise 1,304.49 m² of land and a building with a total floor area of 630.34 m², currently used as an office and parking area. This strategic move aims to optimize asset efficiency and fund growth investments under the "Medium-term Management Plan 2027," including production capacity increases and digital transformation initiatives.

The transfer price and book value will not be disclosed due to an agreement with the transferee, a single domestic corporation with no existing relationships to Meidensha. The transaction is scheduled for an agreement conclusion and property delivery on December 26, 2025.

Meidensha anticipates recording an extraordinary gain of approximately JPY 5.3 billion from the sale in its consolidated and unconsolidated financial results for the first nine months of the fiscal year ending March 31, 2026. The company is currently assessing the impact of this asset transfer and other factors on its full-year financial forecasts for the fiscal year ending March 31, 2026, and will announce any necessary revisions promptly.