May 31, 2022

For Immediate Release

Company name: First Brothers Co., Ltd.

President:

Tomoki Yoshihara

(TSE Prime Market, Stock code: 3454)

Inquiries:

Chief Financial Officer

Yoshinobu Hotta

(Tel: +81-3-5219-5370)

Notice Regarding Sale of Real Estate for Sale by Consolidated Subsidiary

On May 31, 2022, First Brothers Capital Co., Ltd., a consolidated subsidiary of First Brothers Co., Ltd., determined to sell real estate for sale (trust beneficiary rights) as shown below.

The parent company, First Brothers Co., Ltd., resolved to approve this transaction on the same day.

1. Property to be Sold and Transaction Summary

(1) Location

Kawagoe, Saitama Prefecture

(2) Asset to be

Real estate for lease (trust beneficiary rights)

transferred

(3) Buyer

Undisclosed

We have refrained from disclosing the identity of the buyer due to non-

disclosure requirements included in our sales contract with the buyer.

(4) Selling price

Undisclosed

We have refrained from disclosing the selling price of the property due to

non-disclosure requirements included in our sales contract with the buyer.

(5) Delivery date

Late November 2022 (planned)

2. Outlook

We have accounted for the impact of this transaction in the consolidated earnings forecast for the fiscal year ending November 30, 2022, released January 12, 2022. However, if future assessment of the sale reveals matters that need to be disclosed, we will promptly disclose the findings.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

First Brothers Co. Ltd. published this content on 03 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 08:21:11 UTC.