Jinushi To Sell Land Beneath AEON Mall Hineno in Izumisano, Osaka, for JPY 9 Billion
Jinushi announced on September 29, 2026, that it will sell land in Hineno, Izumisano, Osaka Prefecture, to MUFG F&L Solutions for JPY 9.0 billion. The sale and purchase agreement is scheduled to be signed on October 16, 2026, with delivery on October 20. Jinushi acquired the land for more than JPY 8 billion in July 2025, concurrently concluding a fixed-term land lease agreement with AEON Retail, and is selling it about one year and three months later.
The site is the land beneath the large commercial facility AEON Mall Hineno, located a five-minute walk from Hineno Station on the JR Hanwa Line. The site area is approximately 27,140 tsubo (approx. 965,700 sq. ft.).
The buyer, MUFG F&L Solutions, is a wholly owned subsidiary of MUFG Finance & Leasing and is engaged in real estate sales, leasing and brokerage, as well as holding and investing in securities and brokering aircraft sales.
The sale is being carried out as a bridge scheme for Jinushi Private REIT Investment Corporation, whose assets are managed by Jinushi Asset Management, a wholly owned subsidiary of Jinushi. When MUFG F&L Solutions sells the property, Jinushi Private REIT or a third party designated by Jinushi Asset Management will have preferential negotiation rights. The JPY 9.0 billion sale price is equivalent to about 12% of Jinushi's consolidated net sales for the fiscal year ended December 2025 (JPY 76.327 billion).
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Key Facts
- Property Name: AEON Mall Hineno (land)
- Seller: Jinushi Co., Ltd.
- Buyer: MUFG F&L Solutions Co., Ltd.
- Location: 2496-1 Hineno, Izumisano, Osaka Prefecture
- Nearest Station(s): Five-minute walk from Hineno Station on the JR Hanwa Line
- Site Area: Approximately 27,140 tsubo (approx. 965,700 sq. ft.)
- Sale Price: JPY 9.0 billion
- Agreement Date: October 16, 2026 (scheduled)
- Settlement and Delivery Date: October 20, 2026 (scheduled)