Komori
Other Disclosures3489FaithNetwork Co.,LtdReal Estate

Notice Concerning the Acquisition of Real Estate for Sale (Development Site) in Seta, Setagaya-ku, Tokyo

The Company acquired development land in Seta, Setagaya-ku, Tokyo. The acquisition price is undisclosed, and the property is planned for development as a multi-unit residential building.

Worth reading
43Recurring
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
336.39
m² (site area)
Wording
Definitive
How definitive the wording is.

Announced details

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

Multi-unit residential building

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

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

Location (as indicated in this announcement)

Seta, Setagaya-ku, Tokyo

Site area: 336.39 m²
Contract Value

Undisclosed (due to confidentiality obligations to the supplier)

Impact on Business Performance

The property is expected to contribute to profit or loss for periods from the fiscal year ending March 2028 onward. The acquisition price is less than 30% of net assets at the end of the immediately preceding fiscal year, the fiscal year ending March 2026.

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 between the Company and the supplier, and the supplier is not a related party of the Company.
Contract ValueUndisclosed (due to confidentiality obligations to the supplier)
Applicable areaMulti-unit residential building
LocationSeta, Setagaya-ku, Tokyo
Location scaleSite area: 336.39 m²
Impact on Business PerformanceThe property is expected to contribute to profit or loss for periods from the fiscal year ending March 2028 onward. The acquisition price is less than 30% of net assets at the end of the immediately preceding fiscal year, the fiscal year ending March 2026.
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.

The Company has withheld details of the acquisition price and supplier in accordance with its confidentiality obligations to 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 Concerning the Acquisition of Real Estate for Sale (Development Site) in Seta, Setagaya-ku, Tokyo | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori