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JESCO Holdings (1434) · InitiativeFirst stated

Acquisition of a Business Asset in Shinjuku, Tokyo, and Long-Term Borrowing

First written in FY2021-Q1. . Latest entry: FY2021-Q1.

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Investment in the Acquisition and Construction of Land and Buildings for Business UseA theme 50 companies write about · 1 as a headwind · 58 as a tailwind

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  1. FY2021-Q1First statedAnnual report

    「Pursuant to a resolution of the Board of Directors, the Company acquired a business asset on 15 December 2020. (1) Location: 2-chome, Shinjuku, Shinjuku-ku, Tokyo; (2) site area: 311.63 m²; (3) acquisition price: ¥2.33 billion. The Company drew down financing on 15 December 2020 to fund the acquisition. (2) Borrowing amount: ¥1.2 billion; (3) interest rate: 0.58%; (4) drawdown date: 15 December 2020; (5) term: 17 years; (6) collateral: secured.」

    The Company acquired a business asset in Shinjuku 2-chome, Tokyo, with a site area of 311.63 m² and an acquisition price of ¥2.33 billion, funded by a ¥1.2 billion secured loan at 0.58% for 17 years.
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JESCO Holdings's next results are scheduled for 2026-10-14. Read the earnings preview
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Acquisition of a Business Asset in Shinjuku, Tokyo, and Long-Term Borrowing | JESCO Holdings,Inc. (1434) | Komori