Tokyo Gas Said to Plan Sale of Ginza Building for $191 Million

Tokyo Gas Co. plans to sell a commercial building in Ginza, Tokyo to Mantomi Asset Management for over ¥30 billion ($191 million), according to people familiar with the matter.

Mantomi Asset submitted the highest bid for the building being sold, GINZA gCUBE that’s owned by Tokyo Gas’s subsidiary, the people said, asking not to be identified discussing confidential information. Tokyo Gas is expected to record a gain on the disposal in its financial results for the current fiscal year ending March 2026, they said.