Komori
Other Disclosures8887SYLA Holdings Co.,Ltd.Real Estate

Notice Regarding Completion of Settlement for the Acquisition of Development Land for Real Estate for Sale

Consolidated subsidiary シーラ acquired a site in Yochomachi, Shinjuku-ku, Tokyo, for condominium development and completed settlement of the purchase. The land purchase price has not been disclosed, but is stated to be less than 30% of net assets at the end of the immediately preceding fiscal year.

Worth reading
53Recurring
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
30
Ratio to net assets at the end of the immediately preceding fiscal year (less than 30%)
Wording
Conditional
How definitive the wording is.

Announced details

Newly built condominiums for end-user demand
Applicable field (uses covered by this announcement)

Sales of newly built condominiums for end-user demand and asset-building support

Relationship between the counterparty and the company
SYLA Holdings Co.,Ltd.8887
Relationship with the Company

There are no capital, personnel or business relationships requiring disclosure between the company group and the seller. There are also no issues concerning the seller's attributes.

Location (as indicated in this announcement)

Yochomachi, Shinjuku-ku, Tokyo

Site area: 557.35 m² (registered area); total floor area: 2,290.65 m² (planned); 10-story reinforced-concrete building above ground
Contract Value

Not disclosed (due to a confidentiality obligation with the seller)

Impact on Business Performance

The contribution to financial results from the acquisition of the development site is expected to begin in the fiscal year ending May 2028 or thereafter.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredNewly built condominiums for end-user demand
Relationship with the CompanyThere are no capital, personnel or business relationships requiring disclosure between the company group and the seller. There are also no issues concerning the seller's attributes.
Contract ValueNot disclosed (due to a confidentiality obligation with the seller)
Applicable areaSales of newly built condominiums for end-user demand and asset-building support
LocationYochomachi, Shinjuku-ku, Tokyo
Location scaleSite area: 557.35 m² (registered area); total floor area: 2,290.65 m² (planned); 10-story reinforced-concrete building above ground
Impact on Business PerformanceThe contribution to financial results from the acquisition of the development site is expected to begin in the fiscal year ending May 2028 or thereafter.
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.

The site was acquired for the sale of newly built condominiums for end-user demand. The company stated that it will promote development projects in areas where asset values are expected to increase in the future.

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 Completion of Settlement for the Acquisition of Development Land for Real Estate for Sale | SYLA Holdings Co.,Ltd. (8887) timely disclosure | Komori