Komori
M&A and Subsidiary Changes3245DEAR LIFE CO.,LTD.Real Estate

Notice Regarding the Acquisition of Land for Condominium Development

DIA LIFE acquired 850.77 sq. m. of land in Nerima Ward, Tokyo, and announced plans to develop a 49-unit condominium for singles and DINKS households. The acquisition price was not disclosed due to confidentiality obligations, and a portion of sales is expected to be recognized in the fiscal year ending September 2028.

Worth reading
36Immaterial
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
49
Units (planned building)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of Land for Condominium Development
Execution Date / Effective Date26 March 2026 (acquisition completed)
Consideration and expenses
Acquisition priceThe seller and acquisition price will not be disclosed due to a confidentiality agreement with the seller.
Funding arrangementsInternal 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.

This transaction
ItemDetails
Transaction nameAcquisition of Land for Condominium Development
Acquisition priceThe seller and acquisition price will not be disclosed due to a confidentiality agreement with the seller.
Funding arrangementsInternal funds and borrowings from financial institutions
Impact on Business PerformanceThe 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 Date26 March 2026 (acquisition completed)
Items this document does not state (27)
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 percentageGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation 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 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.

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 the Acquisition of Land for Condominium Development | DEAR LIFE CO.,LTD. (3245) timely disclosure | Komori