Xebio Holdings Co (TYO:8281) has completed extensive renovation work on XEBIO Arena Sendai and transferred the asset to Sendai City as a conditional donation on June 2, according to its bourse filing on Tuesday.
This transfer resulted in a finalized extraordinary loss of 2.37 billion yen for the company in the current fiscal year.
Moving forward, Xross Sports Marketing, a subsidiary, will continue to manage and operate the arena under a new 20-year agreement with Sendai City.
The facility will retain its name and continue to serve as a vital regional hub for sports and culture, with XEBIO Holdings committed to community contributions.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。