Worth reading
26Immaterial
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
431
¥ million (acquisition cost of fixed assets)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of fixed assets and recognition of right-of-use assetsCounterpartyMori Building Co., Ltd., Multiple interior fit-out contractors, vendors and others
Disclosing companyHowtelevision,Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition price¥431 million (building fixtures and equipment, and supplies)
Expenses other than the acquisition price¥833 million (total lease payments for right-of-use assets)
Impact on Business Performance
The impact of this transaction on the current fiscal year's results is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of fixed assets and recognition of right-of-use assets |
| Counterparty name | Mori Building Co., Ltd., Multiple interior fit-out contractors, vendors and others |
| Acquisition price | ¥431 million (building fixtures and equipment, and supplies) |
| Expenses other than the acquisition price | ¥833 million (total lease payments for right-of-use assets) |
| Impact on Business Performance | The impact of this transaction on the current fiscal year's results is expected to be immaterial. |
| Date of board resolution | 17 February 2025 |
| Contract Date | 17 February 2025 |
| Execution Date / Effective Date | 1 February 2026 (A's delivery date) / 1 October 2025 (B's lease commencement date) |
Items this document does not state (24)
Name 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 CompanyType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.In addition to acquiring interior fit-out, equipment and other assets for the new office in connection with the relocation of the headquarters, the company recognized right-of-use assets related to its office lease agreement because it adopted the Accounting Standard for Leases from the beginning of the current fiscal year.
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.