This transaction
Acquisition of Land for Condominium DevelopmentThe 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.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Land for Condominium Development |
| Counterparty name | Not disclosed due to the confidentiality agreement with the seller. |
| Acquisition price | Not disclosed due to the confidentiality agreement with the seller. |
| Funding arrangements | Internal 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. |
| Execution Date / Effective Date | 31 March 2026 (acquired) |
Items this document does not state (26)
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.