Komori
M&A and Subsidiary Changes3475Good Com Asset Co.,Ltd.Real estate

(Partial Amendment to Previously Disclosed Information) Notice Concerning the Acquisition of Land for Condominium Development (Minami-Yukigaya, Ota-ku, Tokyo)

For the condominium project in Minamiyukigaya, Ota-ku, Tokyo, the total number of units has been reduced from 95 to 57, and the completion date has been postponed from the end of April 2027 to the end of October 2028. The product planning has also changed from GENOVIA, designed for single-person and DINKS households, to G-classt, which focuses on larger units, a large-capacity parking facility and support for child-rearing.

Worth reading
—
Scored from 0 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
38
Reduction in units (from 95 to 57 units)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of Condominium Development Land (Minamiyukigaya, Ota-ku, Tokyo)
Date of board resolution20 April 2026
Impact on Business Performance

Revenue from the purchase of this property is currently expected to be recognized from the fiscal year ending October 2028 onward.

This transaction
ItemDetails
Transaction nameAcquisition of Condominium Development Land (Minamiyukigaya, Ota-ku, Tokyo)
Impact on Business PerformanceRevenue from the purchase of this property is currently expected to be recognized from the fiscal year ending October 2028 onward.
Date of board resolution20 April 2026
Items this document does not state (29)
Counterparty nameName 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 CompanyAcquisition priceExpenses 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 percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective 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.

At the time of purchase, the property was scheduled to be developed as part of the GENOVIA series, primarily comprising 25 m² to 40 m² units for single-person and DINKS households. It will instead be developed as part of the more hybrid G-classt series, incorporating 40 m² to 70 m² units, an open glass-fronted design, parking spaces suitable for large vehicles, and the attraction of retail tenants that support child-rearing.

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.
(Partial Amendment to Previously Disclosed Information) Notice Concerning the Acquisition of Land for Condominium Development (Minami-Yukigaya, Ota-ku, Tokyo) | Good Com Asset Co.,Ltd. (3475) timely disclosure | Komori