Worth reading
13Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1100
¥100 millionWording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Total investment planApproximately ¥110 billion (approximately RMB 5 billion)
Key initiatives
01A detailed feasibility study by a major real estate consulting firm
02Start formal discussions with major Chinese financial institutions to arrange a syndicated loan
Plan assumptionsAn analysis indicates that the project is expected to remain sufficiently viable even under severe stress conditions, including lower-than-expected rents and higher-than-expected construction costs. The appraised value of the property upon completion is approximately ¥338.2 billion (based on an exchange rate of ¥23.09 per RMB on 23 March 2026).
Risks identified by the company
Lower-than-expected rents
Higher-than-expected construction costs
| Item | Details |
|---|---|
| Plan name | World Innovation Center (WIC) Project |
| Total investment plan | Approximately ¥110 billion (approximately RMB 5 billion) |
| Plan assumptions | An analysis indicates that the project is expected to remain sufficiently viable even under severe stress conditions, including lower-than-expected rents and higher-than-expected construction costs. The appraised value of the property upon completion is approximately ¥338.2 billion (based on an exchange rate of ¥23.09 per RMB on 23 March 2026). |
| Key initiatives | A detailed feasibility study by a major real estate consulting firm, Start formal discussions with major Chinese financial institutions to arrange a syndicated loan |
| Risks identified | Lower-than-expected rents, Higher-than-expected construction costs |
| Date of board resolution | 24 March 2026 |
| Publication date | 24 March 2026 |
Items this document does not state (18)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target Market
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 establish an optimal financing scheme through discussions with the lending banks for the advancement of the WIC project.
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.