Rix Agrees Transfer Of Idle Property In Fukuoka

MT Newswires Live

02/10

Rix (TYO:7525) said it will transfer land and a building at its former head office site in Fukuoka, expecting to book about 820 million yen in extraordinary income in the year ending March 2026, according to a Tuesday filing on the Tokyo Stock Exchange.

The company decided to sell the idle property to improve capital efficiency and use the proceeds for growth investment. The site includes 1,515 square meters of land and a building with a total floor space of 1,594.62 square meters.

RIX said the sale contract is scheduled for Feb. 20, with the handover on the same day. The transfer price and buyer details were not disclosed at the buyer's request.

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