Notice Regarding Sale of Real Estate for Sale
Note: This English document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
Tosei Corporation assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
To whom it may concern
November 13, 2015
Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Securities code: 8923 (Tokyo Stock Exchange, First Section)
S2D (Singapore Exchange, Mainboard)
Contact: Noboru Hirano, Director and CFO
TEL: +81-3-3435-2864
Notice Regarding Sale of Real Estate for Sale
Tosei Corporation (the "Company") hereby announces that it decided to sell real estate for sale today. Accordingly, the Company provides the following information.
- 1.Details of the property
Name Minami Aoyama 3-chome Project (tentative name) Location Minami Aoyama 3-chome, Minato-ku, Tokyo Site Area 749.69 ㎡ (as registered) Total Floor Area 1,418.89 ㎡ (according to the building certification) Building Structure A steel structure with a partially reinforced concrete structure,
having two aboveground floors and a basementExpected Date of Completion January 15, 2016 (scheduled) - 2.Summary of the buyer and of the transaction
Buyer The Company is unable to disclose the buyer because of its non-disclosure obligation in accordance with the corresponding property transaction contract with the buyer. The Company has no capital, personnel or trade relationship to be stated with the buyer. Transfer Value The Company is unable to disclose the transfer value because of its non-disclosure obligation in accordance with the corresponding property transaction contract with the buyer. Contract Date November 13, 2015 Transfer Date February 2016 (scheduled) - 3.Future outlook
The impact of this sale on the Company’s financial results will be included in the consolidated earnings forecasts for the fiscal year ending November 30, 2016, which is scheduled to be announced on January 13, 2016.