Decision and Details
Board of DirectorsAcquisition of Property Held for Sale and Borrowing of Funds
To combine the prime location in Minami-Aoyama, an area with high asset value, with the company’s proprietary value-enhancement expertise, increase the property’s value added, profitability and market competitiveness, and seek to sell it.
The impact on results for the fiscal year ending October 2026 is expected to be minor.
| Item | Details |
|---|---|
| Matter Covered | Acquisition of Property Held for Sale and Borrowing of Funds |
| Decision-Making Body | Board of Directors |
| Decision Date | 29 September 2026 |
| Implementation Date | Scheduled for December 2026 (borrowing date and property handover date) |
| Period Covered | Final repayment is scheduled within one year. |
| Amount | The borrowing amount is expected to exceed 30% of consolidated net assets for the immediately preceding fiscal year (the fiscal year ended October 2025); the specific amount is still being finalized. |
| Quantity / scale | Land area: 127.90 m²; total floor area: 271.99 m² |
| Impact on Business Performance | The impact on results for the fiscal year ending October 2026 is expected to be minor. |
| Reason | To combine the prime location in Minami-Aoyama, an area with high asset value, with the company’s proprietary value-enhancement expertise, increase the property’s value added, profitability and market competitiveness, and seek to sell it. |
| Future plans | The company will promptly disclose an update once details such as the lender, which are still being finalized, have been determined. The borrowing and property handover are scheduled for December 2026. The company will promptly disclose any matters requiring disclosure if they arise. |
Items this document does not state (2)
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 acquire the property, enhance its value, profitability and market competitiveness through product planning, renovation and a review of the tenant mix, and sell it at the optimal timing.