Komori
Edion (2730) · InitiativeAchieved

Long-term, stable operations through the acquisition of the land and building of EDION Namba Main Store

First written in FY2024-Q2. 1 of 3 entries say "Restated". Latest entry: FY2024.

3entries
2years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2024-Q2 – FY2024-Q32023: 120232024: 22024
Same theme, other companies
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

15 other companies' latest entry also says "Achieved".

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Showing 14 of the 50 companies compared. The sentences above are computed from all 50.
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  1. FY2024AchievedAnnual report

    「At a meeting of the Board of Directors held on 25 October 2023, the Company resolved to acquire fixed assets in the form of trust beneficiary interests and entered into a transfer agreement dated 27 October 2023.」

    The Company acquired the trust beneficiary interests in the land and building of EDION Namba Main Store and recorded them as fixed assets, comprising 4,237.88 m² of land and a building with a total floor area of 22,974.19 m², at an acquisition price of ¥54.0 billion. The objective is to ensure long-term, stable store operations.
  2. FY2024-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 25 October 2023, the Company resolved to acquire fixed assets in the form of trust beneficiary interests and entered into a transfer agreement dated 27 October 2023. The Company has decided to acquire the land and building, in the form of trust beneficiary interests, of its EDION Namba Main Store. EDION Namba Main Store has operated since June 2019 as a flagship store in Namba, one of Japan’s leading entertainment districts, with a facility area of 15,539 m². The Company decided to make the acquisition after determining that acquiring the trust beneficiary interests in the land and building would enable long-term, stable store operations while reducing costs.」

    The Company reconfirmed the Board of Directors’ resolution and the execution of the transfer agreement regarding the acquisition of the trust beneficiary interests in the land and building of Namba Main Store, the acquisition price of ¥54.0 billion, and the objective of long-term, stable operations.
  3. FY2024-Q2First statedAnnual report

    「The Company has decided to acquire the land and building, in the form of trust beneficiary interests, of its EDION Namba Main Store. EDION Namba Main Store has operated since June 2019 as a flagship store in Namba, one of Japan’s leading entertainment districts, with a facility area of 15,539 m². The Company decided to make the acquisition after determining that acquiring the trust beneficiary interests in the land and building would enable long-term, stable store operations while reducing costs.」

    The Company entered into an acquisition agreement dated 27 October 2023 and planned to acquire the trust beneficiary interests in 4,237.88 m² of land and a building with a total floor area of 22,974.19 m² at EDION Namba Main Store for ¥54.0 billion. The acquisition will be funded with internal funds and borrowings from financial institutions, with the objective of reducing costs and ensuring long-term, stable store operations.
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Edion's next results are scheduled for 2026-11-05. Read the earnings preview
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Long-term, stable operations through the acquisition of the land and building of EDION Namba Main Store | EDION Corporation (2730) | Komori