Komori
Other Disclosures8844COSMOS INITIA Co.,Ltd.Real Estate

Notice Regarding the Acquisition of an Income-Producing Property

The Company acquired an office building in Shibuya, Tokyo. After the acquisition, it plans to enhance the building's value and sell it as a regenerated property.

Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
757.6
m² (total floor area)
Wording
Conditional
How definitive the wording is.

Announced details

Existing-property regeneration business (regeneration and sale of acquired properties)
Applicable field (uses covered by this announcement)

Office buildings, real estate regeneration and sales

Relationship between the counterparty and the company
COSMOS INITIA Co.,Ltd.8844
Relationship with the Company

There are no capital or personnel relationships with the business partner that should be disclosed.

Location (as indicated in this announcement)

Sakuragaoka-cho, Shibuya-ku, Tokyo

Total floor area: 757.60 sq. m; 6 units; reinforced-concrete construction; 5 stories with 1 basement level
Contract Value

Not disclosed

Impact on Business Performance

The impact on consolidated results for the time being is expected to be immaterial. Should a material impact become apparent, it will be disclosed promptly.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredExisting-property regeneration business (regeneration and sale of acquired properties)
Relationship with the CompanyThere are no capital or personnel relationships with the business partner that should be disclosed.
Contract ValueNot disclosed
Applicable areaOffice buildings, real estate regeneration and sales
LocationSakuragaoka-cho, Shibuya-ku, Tokyo
Location scaleTotal floor area: 757.60 sq. m; 6 units; reinforced-concrete construction; 5 stories with 1 basement level
Impact on Business PerformanceThe impact on consolidated results for the time being is expected to be immaterial. Should a material impact become apparent, it will be disclosed promptly.
Items this document does not state (11)
CounterpartyCounterparty overviewOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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.

As part of its existing-property regeneration business focused on the Tokyo metropolitan area, to acquire a property in the scarce Shibuya address, which offers excellent transport access and limited supply, and to enhance the value of the existing building and create new added value.

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.
Notice Regarding the Acquisition of an Income-Producing Property | COSMOS INITIA Co.,Ltd. (8844) timely disclosure | Komori