Agreements reached under this partnership
Business Alliances- 1
Service: Purchase and resale of vacant homes and other low-liquidity properties, including properties associated with accidents or other incidents and properties that cannot be rebuilt
- 2
Service: Funding support through the “BRO-ZERO” financing scheme, which requires no initial installation fee
- 3
Going forward, the 2 companies will establish a coordinated workflow, hold seminars and briefing sessions for target customers, and implement sales promotion measures.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The companies have determined that, at this time, the impact of this collaboration on earnings forecasts will be minor. If the collaboration is likely to have a material impact on earnings, the companies will make a timely disclosure.
| Item | Details |
|---|---|
| Name of alliance partner | AlbaLink Co., Ltd. |
| Alliance partner's business activities | A real estate company specializing in the purchase and resale and effective use of vacant homes. It primarily handles properties that are difficult to distribute through the general real estate market because of complex rights structures or property characteristics, including properties associated with accidents or other incidents, fractional ownership interests, vacant homes, and land subject to superficies or leasehold rights. |
| Alliance partner's location | Koto-ku, Tokyo |
| Type of alliance | Business Alliances |
| Details of the alliance | Service: Purchase and resale of vacant homes and other low-liquidity properties, including properties associated with accidents or other incidents and properties that cannot be rebuilt, Service: Funding support through the “BRO-ZERO” financing scheme, which requires no initial installation fee, Going forward, the 2 companies will establish a coordinated workflow, hold seminars and briefing sessions for target customers, and implement sales promotion measures. |
| Impact on Business Performance | The companies have determined that, at this time, the impact of this collaboration on earnings forecasts will be minor. If the collaboration is likely to have a material impact on earnings, the companies will make a timely disclosure. |
Items this document does not state (17)
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 redevelopment and monetization of vacant homes and distressed properties require upfront investment in renovations, equipment installation and major repairs, making financing and securing sufficient funds on hand a challenge for owners and prospective purchasers. The companies determined that AlbaLink’s customer base and our financing solution are highly compatible and would contribute to the growth of both businesses.