This transaction
Transaction nameThe impact of rental income from the property on consolidated results for the current fiscal year ending September 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Transaction name |
| Counterparty name | Not disclosed due to the confidentiality agreement with the seller. |
| Acquisition price | Not disclosed due to the confidentiality agreement with the seller. |
| Type of Consideration | Cash |
| Funding arrangements | Internal funds and borrowings from financial institutions |
| Impact on Business Performance | The impact of rental income from the property on consolidated results for the current fiscal year ending September 2026 is expected to be immaterial. |
| Execution Date / Effective Date | 31 August 2026 (acquired today) |
Items this document does not state (25)
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 property is highly accessible, located a 2-minute walk from Harajuku Station, close to commercial areas such as Takeshita Street and Omotesando, and near Meiji Jingu and Yoyogi Park. The Company expects commercial development and land-price appreciation driven by redevelopment in the surrounding area. Following the acquisition, the Company aims to secure stable earnings through renovations to the interior, exterior and equipment, as well as lease-up activities.