Agreements reached under this partnership
Business Alliances- 1
The company confirmed that the purchase and sale contracts for the solar power generation facilities and related rights associated with the 119 properties remain valid and in effect.
- 2
HINA社 confirmed that, under the existing contracts, it remains obligated to procure and install the solar power generation facilities for the properties, obtain the necessary licenses, permits and other approvals and complete and deliver the facilities to F4社, all at its own responsibility and expense.
- 3
If the facilities are completed and delivered and the acceptance and other conditions stipulated in the existing contracts are satisfied, the advance payments already made will be applied to the purchase price of the relevant property. If a balance remains, it will be settled in accordance with the conditions stipulated in the existing contracts.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Construction and sales will proceed sequentially over approximately the next 3 years, with monetization progressing in line with construction completion and sales progress.
The impact on current-period results is undetermined. The timing and amount of revenue and profit recognition may vary depending on construction progress, completion and delivery, sales status and other factors for each property.
| Item | Details |
|---|---|
| Name of alliance partner | HINA Co., Ltd. |
| Alliance partner's business activities | Civil engineering, building construction, and scaffolding and earthwork construction |
| Alliance partner's location | Chuo-ku, Chiba City |
| Alliance partner's capital | ¥1 million |
| Type of alliance | Business Alliances |
| Details of the alliance | The company confirmed that the purchase and sale contracts for the solar power generation facilities and related rights associated with the 119 properties remain valid and in effect., HINA社 confirmed that, under the existing contracts, it remains obligated to procure and install the solar power generation facilities for the properties, obtain the necessary licenses, permits and other approvals and complete and deliver the facilities to F4社, all at its own responsibility and expense., If the facilities are completed and delivered and the acceptance and other conditions stipulated in the existing contracts are satisfied, the advance payments already made will be applied to the purchase price of the relevant property. If a balance remains, it will be settled in accordance with the conditions stipulated in the existing contracts. |
| Numerical targets under the alliance | Construction and sales will proceed sequentially over approximately the next 3 years, with monetization progressing in line with construction completion and sales progress. |
| Date of board resolution | 13 November 2026 |
| Impact on Business Performance | The impact on current-period results is undetermined. The timing and amount of revenue and profit recognition may vary depending on construction progress, completion and delivery, sales status and other factors for each property. |
Items this document does not state (14)
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.To organize and confirm the rights and obligations under the existing contracts and unperformed obligations following the change in HINA社's shareholders and representative director, thereby preventing misunderstandings and disputes and protecting the company's receivables. In addition, the company aims to establish systems for executing and monitoring construction progress and generate revenue through sales after the facilities are completed and delivered.