Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
30
As a percentage of net assets (the building is expected to be less than 30%, while the land is expected to be equivalent to 30% or more)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Acquisition of Fixed AssetsDate of board resolution26 June 2026
Contract Date26 June 2026
Execution Date / Effective Date26 June 2026 (settlement date for the building). No specific execution date is stated for the acquisition of the land, which is subject to a condition precedent.
Consideration and expenses
Acquisition priceThe acquisition counterparty and acquisition price are not disclosed due to confidentiality obligations under an agreement with the acquisition counterparty. The acquisition price of the building is less than 30% of the Company's net assets as of the end of its most recent fiscal year, the fiscal year ended August 2025. If the Company acquires the land, its acquisition price is expected to be equivalent to 30% or more of net assets.
Impact on Business Performance
The acquisition of the building has been reflected in the consolidated earnings forecast for the fiscal year ending August 2026. The land has not been reflected in the earnings forecast at this time.
Procedures and assumptions
Conditions Precedent to ExecutionA land purchase reservation agreement subject to a condition precedent, granting the Company the right to acquire the land if the tenant of the building vacates the premises or other relevant events occur between 26 June 2026 and 25 June 2029.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Fixed Assets |
| Acquisition price | The acquisition counterparty and acquisition price are not disclosed due to confidentiality obligations under an agreement with the acquisition counterparty. The acquisition price of the building is less than 30% of the Company's net assets as of the end of its most recent fiscal year, the fiscal year ended August 2025. If the Company acquires the land, its acquisition price is expected to be equivalent to 30% or more of net assets. |
| Impact on Business Performance | The acquisition of the building has been reflected in the consolidated earnings forecast for the fiscal year ending August 2026. The land has not been reflected in the earnings forecast at this time. |
| Date of board resolution | 26 June 2026 |
| Contract Date | 26 June 2026 |
| Execution Date / Effective Date | 26 June 2026 (settlement date for the building). No specific execution date is stated for the acquisition of the land, which is subject to a condition precedent. |
| Conditions Precedent to Execution | A land purchase reservation agreement subject to a condition precedent, granting the Company the right to acquire the land if the tenant of the building vacates the premises or other relevant events occur between 26 June 2026 and 25 June 2029. |
Items this document does not state (25)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation 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 CommitteeManagement structure after acquisition
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.The Company determined to acquire the property because it values the stable cash flow generated by the property and intends to earn stable rental income over the medium term, and because the seller needed to rebalance its portfolio of assets.
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.