Worth reading
57In focus
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
1500
¥ million (transfer price)Wording
Conditional
How definitive the wording is.This transaction
Disposal of Fixed AssetsCounterpartyMitsubishi Estate Company,Limited, SHIMIZU CORPORATION
Disclosing companyNippon Ski Resort Development Co.,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Hakuba, Kitaazumi District, Nagano Prefecture
Consideration and expenses
Amount of extraordinary income (loss)Extraordinary income: gain on sale of fixed assets of approximately ¥1.2 billion; extraordinary loss: various expenses, including building demolition costs, of approximately ¥100 million (third quarter of the fiscal year ending July 2026)
Impact on Business Performance
The Company plans to record a gain on the sale of fixed assets of approximately ¥1.2 billion as extraordinary income and various expenses, including building demolition costs, of approximately ¥100 million as extraordinary loss in the third quarter of the fiscal year ending July 2026.
| Item | Details |
|---|---|
| Transaction name | Disposal of Fixed Assets |
| Counterparty name | Mitsubishi Estate Company,Limited, SHIMIZU CORPORATION |
| Location of the Subject Company | Hakuba, Kitaazumi District, Nagano Prefecture |
| Amount of extraordinary income (loss) | Extraordinary income: gain on sale of fixed assets of approximately ¥1.2 billion; extraordinary loss: various expenses, including building demolition costs, of approximately ¥100 million (third quarter of the fiscal year ending July 2026) |
| Impact on Business Performance | The Company plans to record a gain on the sale of fixed assets of approximately ¥1.2 billion as extraordinary income and various expenses, including building demolition costs, of approximately ¥100 million as extraordinary loss in the third quarter of the fiscal year ending July 2026. |
| Date of board resolution | 30 September 2024 |
| Contract Date | 30 September 2024 |
| Execution Date / Effective Date | 31 March 2026 (handover completed) |
Items this document does not state (24)
Name of the Subject CompanyBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
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 develop accommodation facilities that are currently lacking in the Hakuba area and attract an international high-end hotel, thereby enhancing the appeal and value of the Hakuba area.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.