On the 28th, Lear <5532> announced the acquisition of fixed assets.

The company is working on increasing its shareholding properties (income-generating real estate) as part of its business strategy to achieve the medium-term management plan disclosed on October 29, 2024 (for the period from September 2025 to September 2027), and this property is being acquired as part of that effort.

The property condition includes land and buildings, located at 1-1 Nakameguro, Meguro-ku, Tokyo, with an approximate land area (site area) of 1,000 square meters and a building area (floor area) of approximately 2,000 square meters. It is reinforced concrete construction, with one basement floor and three above-ground floors. The main purposes are office space and shared residences.

The acquisition amount is expected to be more than 30% of the company's net assets (2.711 billion yen) for the fiscal year ending September 2024. The company plans to use its own funds and borrowings from financial institutions, but the exact borrowing amount including the acquisition amount remains undetermined at this point. There are no significant capital relationships, personnel relationships, or other related matters that need to be specially noted between the company and the acquisition target. The contract signing date is November 29, 2024, and the property delivery date is scheduled for December 2024.