Komori
Other Disclosures3489FaithNetwork Co.,LtdReal Estate

Notice Regarding the Acquisition of Real Estate for Sale (Development Land) in Himonya, Meguro-ku, Tokyo

Acquired development land for an apartment building in Himonya, Meguro-ku, Tokyo. The acquisition price is undisclosed but is less than 30% of net assets as of the immediately preceding fiscal year.

Worth reading
50Recurring
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
Percentage of net assets as of the immediately preceding fiscal year (FY ended March 2025) (less than)
Wording
Conditional
How definitive the wording is.

Announced details

Real estate for sale (development land) / development land for an apartment building
Applicable field (uses covered by this announcement)

Multi-unit residential building

Launch dateFrom the fiscal year ending March 2027 onward (expected contribution to period earnings)
Relationship between the counterparty and the company
FaithNetwork Co.,Ltd3489
Relationship with the Company

There are no capital, personnel or business relationships requiring disclosure, and the counterparty does not qualify as a related party.

Location (as indicated in this announcement)

Himonya, Meguro-ku, Tokyo

Site area: 269.2 m²
Contract Value

Undisclosed (less than 30% of net assets as of the immediately preceding fiscal year (FY ended March 2025))

Impact on Business Performance

The property is expected to contribute to results for the period from the fiscal year ending March 2027 onward.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredReal estate for sale (development land) / development land for an apartment building
Relationship with the CompanyThere are no capital, personnel or business relationships requiring disclosure, and the counterparty does not qualify as a related party.
Contract ValueUndisclosed (less than 30% of net assets as of the immediately preceding fiscal year (FY ended March 2025))
Launch dateFrom the fiscal year ending March 2027 onward (expected contribution to period earnings)
Applicable areaMulti-unit residential building
LocationHimonya, Meguro-ku, Tokyo
Location scaleSite area: 269.2 m²
Impact on Business PerformanceThe property is expected to contribute to results for the period from the fiscal year ending March 2027 onward.
Items this document does not state (10)
CounterpartyCounterparty overviewOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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 acquisition price, supplier and details of the transaction have not been disclosed due to confidentiality obligations with the supplier.

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.
Notice Regarding the Acquisition of Real Estate for Sale (Development Land) in Himonya, Meguro-ku, Tokyo | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori