Worth reading
54Recurring
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10
As a percentage of consolidated net sales for the immediately preceding fiscal year (fiscal year ended August 2025) (or more)Wording
Conditional
How definitive the wording is.This transaction
Sale of Real Estate Held for Sale and Acceptance of Project Management ServicesTimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Fujisawa, Kanagawa
Consideration and expenses
Acquisition priceThe amount is not disclosed pursuant to the confidentiality agreement with the buyer.
Impact on Business Performance
The sale of this property was already reflected in the consolidated earnings forecast for the fiscal year ending August 2026 announced on 13 April 2026. The impact of accepting the project management services is minor.
Procedures and assumptions
Management structure after acquisitionFor the renovation work to be commissioned and promoted by the buyer, the Company will provide project management services during the construction period, search for tenants after the renovation, and identify an exit buyer for the property as an income-producing property after completion. The work is scheduled for completion around January 2027.
| Item | Details |
|---|---|
| Transaction name | Sale of Real Estate Held for Sale and Acceptance of Project Management Services |
| Location of the Subject Company | Fujisawa, Kanagawa |
| Acquisition price | The amount is not disclosed pursuant to the confidentiality agreement with the buyer. |
| Impact on Business Performance | The sale of this property was already reflected in the consolidated earnings forecast for the fiscal year ending August 2026 announced on 13 April 2026. The impact of accepting the project management services is minor. |
| Date of board resolution | 12 June 2026 |
| Contract Date | 18 June 2026 |
| Execution Date / Effective Date | 18 June 2026 (settlement date) |
| Management structure after acquisition | For the renovation work to be commissioned and promoted by the buyer, the Company will provide project management services during the construction period, search for tenants after the renovation, and identify an exit buyer for the property as an income-producing property after completion. The work is scheduled for completion around January 2027. |
Items this document does not state (24)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To create new value through the renovation of previously non-operational real estate and to capture the expected increase in demand for the renovation and revitalization of corporate real estate.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.