Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
4660
Millions of yen (total acquisition price)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of income-producing real estate and additional acquisition of existing income-producing real estateTimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceIncome-producing real estate ①: ¥3,800 million; income-producing real estate ②: ¥860 million; total: ¥4,660 million
Type of ConsiderationCash
Funding arrangementsTo be funded through borrowings from financial institutions and the company's own funds
Impact on Business Performance
Annual rental income is expected to increase by approximately ¥365 million. The impact is scheduled to be incorporated into the consolidated earnings forecast for the fiscal year ending March 2027.
Procedures and assumptions
Management structure after acquisitionThe company will become the landlord of the land. The company name, representative and treatment of employees: not disclosed
| Item | Details |
|---|---|
| Transaction name | Acquisition of income-producing real estate and additional acquisition of existing income-producing real estate |
| Acquisition price | Income-producing real estate ①: ¥3,800 million; income-producing real estate ②: ¥860 million; total: ¥4,660 million |
| Type of Consideration | Cash |
| Funding arrangements | To be funded through borrowings from financial institutions and the company's own funds |
| Impact on Business Performance | Annual rental income is expected to increase by approximately ¥365 million. The impact is scheduled to be incorporated into the consolidated earnings forecast for the fiscal year ending March 2027. |
| Date of board resolution | 6 April 2026 |
| Contract Date | 6 April 2026 |
| Execution Date / Effective Date | By the end of June 2026 (scheduled transfer and settlement date) |
| Management structure after acquisition | The company will become the landlord of the land. The company name, representative and treatment of employees: not disclosed |
Items this document does not state (23)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation 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 CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
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 acquisitions are intended to secure stable rental income over the long term, stabilize rental income and strengthen the earnings base over the medium to long term. For the Kanto property, the company evaluated its location, customer-attraction potential and the continuity of the tenant's operations. The land in Morioka is expected to generate rental income, stabilize the related rights and improve the value of the property.
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.