Joint business operations in the Nagoya and Tokyo metropolitan areas through a capital and business alliance with Nagoya Railroad
First written in FY2024-Q2. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: 2026-04-06.
No other company in this theme has enough history to compare yet.
- 2026-04-06AdvancedEarnings
「We also began joint investment in the newly built condominium project provisionally named the Asakusa Project by Meitetsu Urban Development Co., Ltd.」
The joint business associated with the capital and business alliance with Nagoya Railroad took concrete form through joint investment in a newly built condominium project. - FY2025AdvancedAnnual report
「Director and Executive Officer Assigned to Business Division Responsible for Promoting Business Alliances Takami Shigehiro (髙見 茂宏)」
Takami Shigehiro (髙見 茂宏), who previously worked for Nagoya Railroad Co., Ltd., was appointed Director and Executive Officer responsible for promoting business alliances, giving concrete form to the structure for promoting the capital and business alliance. - FY2024-Q2First statedAnnual report
「On 24 May 2024, we entered into a capital and business alliance with Nagoya Railroad Co., Ltd. (hereinafter, Nagoya Railroad). We aim to maximize the corporate value of both groups by creating synergies between Nagoya Railroad’s stable financial foundation, presence and expertise in the Nagoya area, and the Group’s sources of corporate value: its real estate solutions, portfolio management, and global reach.」
The Group entered into a capital and business alliance with Nagoya Railroad Co., Ltd. and initially disclosed its policy of proceeding with the formation of private funds, real estate technology initiatives, joint businesses in the Nagoya and Tokyo metropolitan areas, collaboration in human resources and expertise, and the establishment of a committee to promote the business alliance. As a capital transaction, Nagoya Railroad acquired 7,500,100 shares on 4 June 2024, representing 15.50% of voting rights.