Construction Plan for the GF-LOGI Kiyama Center
First written in FY2024. 6 of 8 entries say "Advanced", first in FY2025-Q1. Latest entry: FY2027-H1.
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- FY2027-H1AchievedAnnual report
「The segment loss was affected by higher depreciation expenses for the newly constructed warehouse completed at the end of the previous fiscal year.」
The company stated that the newly constructed warehouse was completed at the end of the previous fiscal year, indicating that the logistics warehouse plan had reached the completion stage. Depreciation expenses after completion are a factor behind the loss in the real estate leasing and management business. - FY2026AdvancedAnnual report
「GF－LOGI Kiyama Center (Kiyama Town, Miyaki District, Saga Prefecture), rental facility: buildings ¥1,003.140 million, land ¥852.727 million, other ¥62.759 million, total ¥1,918.627 million」
Land, buildings and other assets related to the GF－LOGI Kiyama Center were recorded as major facilities, bringing the total to ¥1,918.627 million. The logistics warehouse plan had progressed to the construction and capitalisation stage. - 2026-03-12AdvancedEarnings
「Buildings and structures, net, increased by ¥995.718 million due to the construction of a logistics warehouse.」
Progress on the logistics warehouse project was confirmed through the increase in buildings and structures. - FY2026-H1AdvancedAnnual report
「This was due to a ¥1,485.787 million increase in real estate held for sale under development as development progressed and a ¥562.107 million increase in construction in progress related to the construction of a logistics warehouse.」
Construction in progress, apparently related to the construction of the GF－LOGI Kiyama Center logistics warehouse, increased by ¥562.107 million, indicating that the plan had progressed to the construction stage and that this progress was reflected in the financial position. - FY2025AdvancedAnnual report
「The Company GF－LOGI Kiyama Center Kiyama Town, Miyaki District, Saga Prefecture Real estate leasing and management business Rental facility 1,987,122 947,119 Internal funds and borrowings February 2024 January 2026」
The company disclosed the GF－LOGI Kiyama Center capital investment plan, with total planned investment of ¥1,987.122 million, payments to date of ¥947.119 million, work commencing in February 2024, and completion scheduled for January 2026. Payments to date increased from the previous plan, indicating progress in acquisition and construction. - FY2025-H1AdvancedAnnual report
「This was due to an ¥852.727 million increase in land through the acquisition of a logistics warehouse and a ¥1,043.190 million increase in real estate held for sale following the completion of a condominium, offset by a ¥2,616.101 million decrease in cash and deposits resulting from the acquisition of condominium sites and a logistics warehouse, settlement of electronically recorded obligations at maturity, and payment of dividends and corporate taxes.」
Progress in the acquisition of the logistics warehouse was reflected in the financial position, with land increasing by ¥852.727 million. - FY2025-Q1AdvancedAnnual report
「Land increased by ¥824.727 million through the acquisition of a logistics warehouse, while cash and deposits declined by ¥1,318.136 million due to the acquisition of condominium sites and a logistics warehouse, settlement of electronically recorded obligations at maturity, and payment of dividends and corporate taxes.」
The acquisition of a logistics warehouse related to the existing logistics facility plan was reflected in the financial position, resulting in an ¥824.727 million increase in land. - FY2024First statedAnnual report
「The Company GF－LOGI Kiyama Center Kiyama Town, Miyaki District, Saga Prefecture Real estate leasing and management business Rental facility 2,041,833 87,748 Internal funds and borrowings February 2024 January 2026」
For the GF－LOGI Kiyama Center rental facility in Kiyama Town, Saga Prefecture, the company disclosed for the first time a capital investment plan funded by internal funds and borrowings, with total planned investment of ¥2,041.833 million, payments to date of ¥87.748 million, work commencing in February 2024, and completion scheduled for January 2026.