SBS Holdings <2384> announced on the 10th that it will transfer real estate for sale (Fukagawa warehouse) owned by SBS Logicom, which is a consolidated subsidiary.
The reason for the transfer is carried out as part of an asset portfolio strategy to promote the development of logistics facilities that contribute to strengthening the 3PL business while maintaining a sound financial situation. The transferred assets are the Fukagawa Warehouse located in Shiohama 2-chome, Koto-ku, with a land area of 1,767.27 **** meters and a building area of 4,223.60 **** meters.
The sale price is less than 30% of the company's consolidated net asset value and less than 10% of consolidated sales as of the end of the 2023/12 fiscal year, and the transfer profit is less than 30% of consolidated ordinary income. Note that there is no capital relationship, human relationship, or transaction relationship to be described with the transferee, and there is no problem with attributes. The contract is scheduled to be concluded on 2024/5/21, and the scheduled delivery date is 2024/12/3.