Komori
Other Disclosures3489FaithNetwork Co.,LtdReal Estate

Notice Regarding the Acquisition of Real Estate for Sale (Development Site) (Setagaya, Tokyo)

The company acquired development land in Setagaya, Setagaya-ku, Tokyo, as property held for sale. The acquisition price was not disclosed, but was less than 30% of net assets in the most recent fiscal year.

Worth reading
43Recurring
Scored from 5 of 6 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
30
Ratio to net assets in the most recent fiscal year (fiscal year ending March 2026) (less than)
Wording
Conditional
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, and the party is not a related party.

Location (as indicated in this announcement)

Setagaya, Setagaya-ku, Tokyo

Site area: 337.34 m²
Contract Value

Less than 30% of net assets in the most recent fiscal year (fiscal year ending March 2026) (the acquisition price itself was not disclosed)

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, and the party is not a related party.
Contract ValueLess than 30% of net assets in the most recent fiscal year (fiscal year ending March 2026) (the acquisition price itself was not disclosed)
Applicable areaMulti-unit residential building
LocationSetagaya, Setagaya-ku, Tokyo
Location scaleSite area: 337.34 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.

The acquisition price, supplier and details of the transaction were not 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 Site) (Setagaya, Tokyo) | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori