Announced details
There are no capital or personnel relationships between the Company and Nagano City that should be disclosed. Nagano City is the recipient of the returned land.
Address: 1613 Oaza Tsuruga Midoricho, Nagano City, Nagano Prefecture. Local government.
1365-11 Aza Ichinotsubo, Fuse-Takada, Shinonoi, Nagano City, Nagano Prefecture
Certain expenses are expected to be incurred in the fiscal year ending December 2026, but the impact on consolidated results for the fiscal year is expected to be minor.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Counterparty | Nagano City |
| Counterparty overview | Address: 1613 Oaza Tsuruga Midoricho, Nagano City, Nagano Prefecture. Local government. |
| Relationship with the Company | There are no capital or personnel relationships between the Company and Nagano City that should be disclosed. Nagano City is the recipient of the returned land. |
| Location | 1365-11 Aza Ichinotsubo, Fuse-Takada, Shinonoi, Nagano City, Nagano Prefecture |
| Location scale | Land area: 3,379.66 sq. m. Current status: Vacant land. |
| Impact on Business Performance | Certain expenses are expected to be incurred in the fiscal year ending December 2026, but the impact on consolidated results for the fiscal year is expected to be minor. |
Items this document does not state (12)
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 initial investment assumptions have changed due to changes in the interest rate environment and increases in material prices, labor costs and construction costs. The Company determined that allocating management resources to civil engineering surveys and testing technologies, personnel development and strengthening its business foundation, rather than investing in buildings, would help address societal needs and enhance corporate value over the medium to long term.