IHI Sells Tokyo Land Assets to Fund Growth and Strengthen Finances
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IHI Corporation plans to sell rental land assets in Tokyo's Koto-ku to a special purpose company, expecting a gain of approximately 14.6 billion yen. This transaction supports its medium-to-long-term strategy to secure funds for upfront investments and strengthen its financial base. The sales agreement is scheduled for June 2026, with ownership transfer in December 2026. The gain will be recorded in the fiscal year ending March 31, 2027.
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