Announced details
Development and sale of land and condominiums; asset-building support
There are no capital, personnel or business relationships requiring disclosure between the Company Group and the supplier.
Futaba, Shinagawa-ku, Tokyo (Shimo-Shinmei area)
Undisclosed due to confidentiality obligations with the supplier (however, less than 30% of net assets as of the end of the fiscal year ended May 2025)
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.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Newly built condominium (specific name undisclosed) |
| Relationship with the Company | There are no capital, personnel or business relationships requiring disclosure between the Company Group and the supplier. |
| Contract Value | Undisclosed due to confidentiality obligations with the supplier (however, less than 30% of net assets as of the end of the fiscal year ended May 2025) |
| Applicable area | Development and sale of land and condominiums; asset-building support |
| Location | Futaba, Shinagawa-ku, Tokyo (Shimo-Shinmei area) |
| Location scale | Site area: 568.96 m² (registered); total floor area: 1,314.06 m² (planned); five above-ground floors, reinforced-concrete construction with a flat roof |
| 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. |
Items this document does not state (11)
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 land was acquired for the construction and sale of newly built condominiums. The Company explained that it promotes development projects in areas where asset values are expected to increase in the future, helping customers build their assets.