Komori
Other Disclosures3489FaithNetwork Co.,LtdReal estate

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

The Company acquired land in Daizawa, Setagaya-ku, Tokyo, as property held for sale. The acquisition price is undisclosed, and the Company plans to construct retail premises and a multi-unit residential building.

Worth reading
49Recurring
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
245.15
m² (site area)
Wording
Conditional
How definitive the wording is.

Announced details

Real estate for sale (development land)
Applicable field (uses covered by this announcement)

Retail and multi-unit residential use

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)

Daizawa, Setagaya-ku, Tokyo

Site area: 245.15 m²
Contract Value

Undisclosed (less than 30% of net assets in the immediately preceding fiscal year, the fiscal year ended 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 for sale (development land)
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 in the immediately preceding fiscal year, the fiscal year ended March 2026)
Applicable areaRetail and multi-unit residential use
LocationDaizawa, Setagaya-ku, Tokyo
Location scaleSite area: 245.15 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.

Based on confidentiality obligations with the seller, the Company is withholding the acquisition price and details of the seller and transaction.

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 (Land for Development) (Daizawa, Setagaya-ku, Tokyo) | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori