This transaction
Acquisition of Land for Condominium DevelopmentThe current outlook for earnings from the acquisition of this property assumes that a portion of sales will be recognized in the fiscal year ending September 2028.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Land for Condominium Development |
| Acquisition price | The seller and acquisition price will not be disclosed due to a confidentiality agreement with the seller. |
| Funding arrangements | Internal funds and borrowings from financial institutions |
| Impact on Business Performance | The current outlook for earnings from the acquisition of this property assumes that a portion of sales will be recognized in the fiscal year ending September 2028. |
| Execution Date / Effective Date | 26 March 2026 (acquisition completed) |
Items this document does not state (27)
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 site is within walking distance of Kotake-Mukaihara Station and is located in a residential area offering convenient access to central Tokyo and strong everyday amenities. The company plans to develop a condominium for singles and DINKS households and supply it to domestic and overseas investors, condominium sales companies and other parties.