Komori
Other Disclosures3489FaithNetwork Co.,LtdReal Estate

Notice Regarding the Acquisition of Real Estate for Sale (Development Land) (Roppongi, Minato-ku, Tokyo)

The Company acquired development land in Roppongi, Minato-ku, Tokyo, for detached housing as real estate held for sale. The acquisition price is undisclosed, and the acquisition is expected to contribute to earnings from the fiscal year ending March 2028 onward.

Worth reading
49Recurring
Scored from 5 of 6 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
190.71
m² (site area)
Wording
Conditional
How definitive the wording is.

Announced details

Real estate held for sale (development land) / land for detached housing
Applicable field (uses covered by this announcement)

Detached homes

Relationship between the counterparty and the company
FaithNetwork Co.,Ltd3489
Relationship with the Company

There are no capital, personal or business relationships requiring disclosure between the Company and the supplier, and the supplier is not a related party.

Location (as indicated in this announcement)

Roppongi, Minato-ku, Tokyo

Site area: 190.71 m²
Contract Value

Undisclosed (less than 30% of net assets in the immediately preceding fiscal year ending March 2026)

Impact on Business Performance

The property is expected to contribute to earnings for the period from the fiscal year ending March 2028 onward.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredReal estate held for sale (development land) / land for detached housing
Relationship with the CompanyThere are no capital, personal or business relationships requiring disclosure between the Company and the supplier, and the supplier is not a related party.
Contract ValueUndisclosed (less than 30% of net assets in the immediately preceding fiscal year ending March 2026)
Applicable areaDetached homes
LocationRoppongi, Minato-ku, Tokyo
Location scaleSite area: 190.71 m²
Impact on Business PerformanceThe property is expected to contribute to earnings for the period from the fiscal year ending March 2028 onward.
Items this document does not state (11)
CounterpartyCounterparty overviewOffering priceContract DateLaunch 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.

No reason for the acquisition other than its acquisition as real estate held for sale is stated. The acquisition price is undisclosed due to a confidentiality obligation 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) (Roppongi, Minato-ku, Tokyo) | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori