Announced details
Construction and sale of apartment buildings and condominiums
There are no capital, personnel or business relationships requiring disclosure between the Company and the seller.
Takinogawa, Kita-ku, Tokyo
Undisclosed (due to a confidentiality obligation with the seller; 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 this development land is expected to begin in the fiscal year ending May 2029 and thereafter.
The company does not address Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | SYFORME |
| Relationship with the Company | There are no capital, personnel or business relationships requiring disclosure between the Company and the seller. |
| Contract Value | Undisclosed (due to a confidentiality obligation with the seller; less than 30% of net assets as of the end of the fiscal year ended May 2025) |
| Applicable area | Construction and sale of apartment buildings and condominiums |
| Location | Takinogawa, Kita-ku, Tokyo |
| Location scale | Site area: 165.06㎡; total floor area: 1,191.64㎡ (planned); 13-story reinforced-concrete apartment building with a flat roof (planned) |
| Impact on Business Performance | The contribution to financial results from the acquisition of this development land is expected to begin in the fiscal year ending May 2029 and 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 SYFORME, the Company's core condominium brand. The Nishisugamo area is considered easy to live in and offers excellent access to central Tokyo, supporting expectations for stable rental demand.