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Published on 09/15/2026
at 02:41 am EDT
Publicnow
Notice Regarding the Sale of Real Estate and the Recognition of Extraordinary Income (Gain on Sale of Fixed Assets)
Notice Regarding the Sale of Real Estate and the Recognition of Extraordinary Income (Gain on Sale of Fixed Assets)
In Takara Group Medium-Term Management Plan for 2030, announced on May 13, 2026, the Company established as its basic policies the “Business Portfolio Strategy for Realizing the Long-Term Vision 2050” and a “Renewed Emphasis on ROIC,” among others, and has set a target ROIC of 7% or higher for the fiscal year ending March 31, 2031, the final year of the plan.
In addition, as one of its financial policies, the Company has adopted a policy of reducing its cost of capital through shareholder returns funded by the effective utilization of interest-bearing debt and the sale of strategically held shares and owned real estate.
Based on this policy, the Company conducted a review of the significance of holding certain real estate properties owned by the Company and its subsidiary, Kawahigashi Shoji Co., Ltd., from the perspective of capital efficiency. As a result, it has decided to sell 18 properties and hereby announces the details as follows.
1. Summary of the PropertiAes to Be Sold
|
Owner |
Number of Properties | Location |
Book Value |
Use |
|
Takara Holdings Inc. |
13 |
kamigyo-ku, Kyoto (2 properties) Fushimi-ku, Kyoto (5 properties) Minami-ku, Kyoto (2 properties) Mukou City, Kyoto Prefecture Higashi-OsakaCity,Osaka Prefecture Higashinada-ku, Kobe City Hofu City, Yamaguchi Prefecture |
1.7 billion yen |
Rental Properties |
|
Kawahigashi Shoji Co., Ltd |
5 |
Fushimi-ku, Kyoto City Kuse District, Kyoto Prefecture Hirakata City, Osaka Prefecture Nishinomiya City, Hyogo Prefecture Ritto City, Shiga Prefecture |
2.5 billion yen | |
Total (Consolidated) |
18 |
4.2 billion yen |
2. Overview of the Purchasers and Transactions
Details regarding the purchasers and sale prices of each property are withheld from disclosure in accordance with agreements with the respective purchasers.There are no capital relationships or personal relationships requiring disclosure between the purchasers and the Company. While certain purchasers maintain ongoing business transactions with the Group, there are no matters requiring special disclosure. In addition, the purchasers do not qualify as related parties of the Company.
The transfer of each property is scheduled to be carried out sequentially as the necessary preparations are completed.
3. Schedule
Board of Directors’ Resolution Date: September 15, 2026 (Takara Holdings Inc. and Kawahigashi Shoji Co., Ltd.)
Execution of Sale Agreements (Planned): Sequentially from October to November 2026
Property Transfer Dates (Planned): Sequentially from November to December 2026
4. Impact on the Company’s Consolidated Financial Results
As a result of this transaction, the Company expects to record a gain on the sale of fixed assets of approximately 8.8 billion yen as extraordinary income in the third quarter of the fiscal year ending March 31, 2027.
The consolidated earnings forecast for the full fiscal year ending March 31, 2027 is currently under review.
The Company will promptly announce the forecast once it has been finalized.
5. Overview of Kawahigashi Shoji Co., Ltd.
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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
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Disclaimer
Takara Holdings Inc. published this content on September 15, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 15, 2026 at 06:40 UTC.
Takara Holdings Inc is Japan-based alcoholic beverage manufacturing holding company. The Company operates three segments. The Takara Shuzo segment manufactures and sells alcoholic beverages, including shochu, sake, and soft alcoholic beverages, as well as alcoholic seasonings such as mirin, food seasonings, and raw alcohol in Japan. The Takara Shuzo International Group segment exports alcoholic beverages from Japan, manufactures and sells alcoholic beverages overseas, and wholesales Japanese food ingredients. The Takara Bio Group segment develops bio-drug discovery technology through its reagent and equipment business and contract development and manufacturing organization (CDMO) business. The Company also engages in freight transportation, wine import and sales, and real estate rental businesses.
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