Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
30
As a percentage of net assets at the end of the immediately preceding fiscal year (less than 30%)Wording
Conditional
How definitive the wording is.Decision and Details
Acquisition of development land for property held for sale
Decision14 September 2026 (date the purchase and sale agreement was signed)
Period CoveredFrom the fiscal year ending December 2026 onward (contribution to period earnings)
Implementation14 September 2026 (purchase and sale agreement already signed)
Going forwardThe land is expected to contribute to earnings for the period from the fiscal year ending December 2026 onward.
AmountAcquisition price: Not disclosed (due to confidentiality obligations with the seller)
Quantity / scaleSite area: 158.31 sq. m. (officially registered)
Reason
To acquire development land in 1-chome, Iriya, Taito-ku, Tokyo, intended for hotel use. The reason the acquisition price and other details are not disclosed is confidentiality obligations with the seller.
Impact on Business Performance
The land is expected to contribute to earnings for the period from the fiscal year ending December 2026 onward.
| Item | Details |
|---|---|
| Matter Covered | Acquisition of development land for property held for sale |
| Decision Date | 14 September 2026 (date the purchase and sale agreement was signed) |
| Implementation Date | 14 September 2026 (purchase and sale agreement already signed) |
| Period Covered | From the fiscal year ending December 2026 onward (contribution to period earnings) |
| Amount | Acquisition price: Not disclosed (due to confidentiality obligations with the seller) |
| Quantity / scale | Site area: 158.31 sq. m. (officially registered) |
| Impact on Business Performance | The land is expected to contribute to earnings for the period from the fiscal year ending December 2026 onward. |
| Reason | To acquire development land in 1-chome, Iriya, Taito-ku, Tokyo, intended for hotel use. The reason the acquisition price and other details are not disclosed is confidentiality obligations with the seller. |
| Future plans | The land is expected to contribute to earnings for the period from the fiscal year ending December 2026 onward. |
Items this document does not state (3)
Decision-Making BodyGoverning RuleRelated previous disclosures
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 details of the acquisition price, seller and transaction have not been disclosed due to confidentiality obligations with the seller.
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