Decision and Details
Execution of the agreement concerning the Aomori/Hachinohe Regional Revitalization Asian Entertainment Indoor Theme Park Project
To resolve the delayed redemption of the Hachinohe project, the company had been negotiating and considering the non-performance of contractual obligations relating to the relevant property and the performance of guarantees by joint and several guarantors. Following negotiations with the counterparty, the company entered into the agreement.
If settlement under the agreement is completed, the entire settlement amount is expected to be recognized as gross profit. If settlement takes place earlier and is reflected in the consolidated earnings forecast for the fiscal year ending October 2026, the company will make a timely disclosure.
| Item | Details |
|---|---|
| Matter Covered | Execution of the agreement concerning the Aomori/Hachinohe Regional Revitalization Asian Entertainment Indoor Theme Park Project |
| Decision Date | 31 March 2026 (agreement execution date) |
| Implementation Date | Settlement to be completed after the settlement conditions have been satisfied (予定) |
| Amount | Contract amount: Not disclosed due to confidentiality obligations. An amount sufficient to redeem at least the invested principal of investors in the Hachinohe project |
| Quantity / scale | Offering amount for the Hachinohe project: ¥697,000,000 |
| Impact on Business Performance | If settlement under the agreement is completed, the entire settlement amount is expected to be recognized as gross profit. If settlement takes place earlier and is reflected in the consolidated earnings forecast for the fiscal year ending October 2026, the company will make a timely disclosure. |
| Reason | To resolve the delayed redemption of the Hachinohe project, the company had been negotiating and considering the non-performance of contractual obligations relating to the relevant property and the performance of guarantees by joint and several guarantors. Following negotiations with the counterparty, the company entered into the agreement. |
| Related previous disclosures | “Materials for the Explanation of Financial Results for the Fiscal Year Ended October 2025 and Medium-Term Management Plan,” dated 15 December 2025 |
| Future plans | Settlement will be completed after the settlement conditions have been satisfied. At present, settlement is expected in the fiscal year ending October 2027, although it may be brought forward to the fiscal year ending October 2026 or may extend beyond March 2027. The company will make a timely disclosure once the settlement timing is finalized. |
Items this document does not state (3)
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.To resolve the delayed redemption, the company had been negotiating and considering the performance of contractual obligations with parties involved in the relevant property, the performance of guarantees, the purchase of fixtures and other improvements, and the return of security deposits and unpaid rent. As negotiations with the counterparty progressed, the company entered into an agreement with a party involved in the Hachinohe project.