Home » Dentsu Group sells head office building Gain on transfer approx. 89 billion yen | Reuters

Dentsu Group sells head office building Gain on transfer approx. 89 billion yen | Reuters

by archyw

Dentsu Group announced on June 29 that it has resolved to consider selling its head office building in Shiodome, Tokyo. If the transaction is completed, a gain on transfer of approximately 89 billion yen will be recorded in the fiscal year ending December 2021. The photo is of the head office building, taken in 2019 (2021 Reuters / Kim Kyung-Hoon)

[Tokyo 29th Reuters]–The Dentsu Group announced on the 29th that it has resolved to consider selling its headquarters building in Shiodome, Tokyo. Because I received a statement of intention to purchase from a person who wants to purchase. If the transaction is completed, a gain on transfer of approximately 89 billion yen will be recorded in the fiscal year ending December 2021. The impact on consolidated operating income is expected to be approximately 87 billion yen.

Dentsu will continue to rent and use the building, and the location of its head office will not change.

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