Komori
M&A and Subsidiary Changes2997STORAGE-OH Co.,Ltd.Real Estate

Notice Regarding Acquisition of Land for Sale as Real Estate (Land Purchase)

The Company has decided to acquire development land for indoor self-storage facilities at 2 locations, Hachimanyama in Setagaya-ku, Tokyo, and Kamikedai in Ota-ku, Tokyo. The contract signing and property transfers are both scheduled for the dates indicated below. The acquisition price and sellers will not be disclosed.

Worth reading
69In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
30
Less than 30% of net assets (reference: net assets of ¥1,239 million for the fiscal year ending January 2026)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of Land for Sale as Real Estate (Land Purchase)
CounterpartyThe Company will refrain from disclosure pursuant to its confidentiality obligations.
Disclosing companySTORAGE-OH Co.,Ltd.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceLess than 30% of the Company's net assets as of the end of its most recent fiscal year, the fiscal year ended January 2026 (¥1,239 million). The acquisition price and sellers will not be disclosed pursuant to the confidentiality obligations under the relevant real estate purchase and sale agreements.
Funding arrangementsThe Company plans to finance the acquisition of the properties through borrowings from financial institutions.
Impact on Business Performance

This transaction is already reflected in the earnings forecasts for the fiscal year ending January 2027.

This transaction
ItemDetails
Transaction nameAcquisition of Land for Sale as Real Estate (Land Purchase)
Counterparty nameThe Company will refrain from disclosure pursuant to its confidentiality obligations.
Acquisition priceLess than 30% of the Company's net assets as of the end of its most recent fiscal year, the fiscal year ended January 2026 (¥1,239 million). The acquisition price and sellers will not be disclosed pursuant to the confidentiality obligations under the relevant real estate purchase and sale agreements.
Funding arrangementsThe Company plans to finance the acquisition of the properties through borrowings from financial institutions.
Impact on Business PerformanceThis transaction is already reflected in the earnings forecasts for the fiscal year ending January 2027.
Contract DateHachimanyama: 1 April 2026 (scheduled) / Kamikedai: 3 April 2026 (scheduled)
Execution Date / Effective DateHachimanyama: 28 May 2026 (scheduled) / Kamikedai: 30 June 2026 (scheduled)
Items this document does not state (25)
Name 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 percentageGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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 acquired land will be used to develop indoor self-storage facilities.

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.
Notice Regarding Acquisition of Land for Sale as Real Estate (Land Purchase) | STORAGE-OH Co.,Ltd. (2997) timely disclosure | Komori