Fuji Heavy to sell headquarters for Y25 bln profit

Newswire

TOKYO, Aug 30 (Reuters) - Japan's Fuji Heavy Industries said on Monday it will sell its headquarters building in central Tokyo to Odakyu Electric Railway for a profit before tax of around 25 billion yen ($293 million). Fuji Heavy, which makes Subaru brand cars, will book the profit in the year to March 2012 as the sale will take place in the next fiscal year, the company said in a statement. Odakyu Electric will pay 34 billion yen for the building, Fuji Heavy said. (Reporting by Yumiko ...

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