Announced details
Location for destination stores and stores offering high-priced products and services
There is no capital or personnel relationship, and the seller is not a related party of the company
Setagaya-ku, Tokyo
Less than 30% of net assets for the immediately preceding consolidated fiscal year (fiscal year ending November 2025) (specific amount not disclosed)
Revenue from the acquisition of the development site is expected to begin in the fiscal year ending November 2027 or later. The impact on results for the current consolidated fiscal year is minor
The company does not address Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Aerial Retail Space: Phil Park |
| Relationship with the Company | There is no capital or personnel relationship, and the seller is not a related party of the company |
| Contract Value | Less than 30% of net assets for the immediately preceding consolidated fiscal year (fiscal year ending November 2025) (specific amount not disclosed) |
| Contract Date | 17 September 2026 (real estate purchase agreement executed) |
| Applicable area | Location for destination stores and stores offering high-priced products and services |
| Location | Setagaya-ku, Tokyo |
| Location scale | Site area: 208.36 m² (official registry) |
| Impact on Business Performance | Revenue from the acquisition of the development site is expected to begin in the fiscal year ending November 2027 or later. The impact on results for the current consolidated fiscal year is minor |
Items this document does not state (10)
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 a 5-minute walk from Futako-Tamagawa Station in a highly convenient location where residential and commercial areas meet, enabling the company to secure stable foot traffic centered on local residents. It also has potential as a location for destination stores offering high-priced products and services aimed primarily at affluent families and active seniors, and the company aims to create vibrancy in the area and maximize long-term real estate value and business revenue through tenant attraction.