Worth reading
40Recurring
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
16
Hundreds of millions of yenWording
Conditional
How definitive the wording is.Agreements reached under this partnership
This filing does not state the identity of the partner or the details of the partnership.
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Items this document does not state (23)
Name of alliance partnerAlliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders
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 primary reason for the lower costs is that the company takes the lead in-house, from sourcing land and selecting manufacturers and construction companies to managing the development schedule, thereby eliminating intermediary margins. Subsidies are generally not used in order to avoid application lead times and uncertainty and to establish a business model that is profitable without subsidies.
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.