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

Notice Regarding the Acquisition of Land for Condominium Development

The Company announced that it had acquired land in Nakamachi, Itabashi-ku and plans to develop a 69-unit condominium for single-person households and DINKS households. The seller and purchase price have not been disclosed due to confidentiality obligations.

Worth reading
30Immaterial
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
69
units
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of Land for Condominium Development
CounterpartyNot disclosed due to the confidentiality agreement with the seller.
Disclosing companyDEAR LIFE CO.,LTD.
Subject of this transaction
Execution Date / Effective Date31 March 2026 (acquired)
Consideration and expenses
Acquisition priceNot disclosed due to the confidentiality agreement with the seller.
Funding arrangementsInternal funds and borrowings from financial institutions
Impact on Business Performance

The project is expected to contribute partially to revenue for the fiscal year ending September 2028, and its impact on the results for the current consolidated fiscal year is expected to be immaterial.

This transaction
ItemDetails
Transaction nameAcquisition of Land for Condominium Development
Counterparty nameNot disclosed due to the confidentiality agreement with the seller.
Acquisition priceNot disclosed due to the confidentiality agreement with the seller.
Funding arrangementsInternal funds and borrowings from financial institutions
Impact on Business PerformanceThe project is expected to contribute partially to revenue for the fiscal year ending September 2028, and its impact on the results for the current consolidated fiscal year is expected to be immaterial.
Execution Date / Effective Date31 March 2026 (acquired)
Items this document does not state (26)
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 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 Company intends to develop a condominium for single-person households and DINKS households using land within walking distance of Naka-Itabashi Station and Oyama Station, offering excellent access to major central Tokyo areas and convenient living, and supply the units to investors, condominium sales companies, general business corporations and other buyers.

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