Acquisition of the land at the Hamakawasaki Warehouse of the Keihin Branch
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018. Latest entry: FY2018.
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- FY2018AchievedAnnual report
「The main reason for the increase in assets was a ¥313 million increase in land,」
Land corresponding to the planned acquisition of the Hamakawasaki Warehouse site in the previous fiscal year was added to assets, indicating that the acquisition plan had moved to the completed-acquisition stage. - FY2018-Q1First statedAnnual report
「At a meeting of its Board of Directors held on 26 July 2017, the Company resolved to acquire fixed assets as described below. Part of the land at the Hamakawasaki Warehouse of the Keihin Branch, owned by the Company and located at 4-17-2 Kokan-dori, Kawasaki-ku, Kawasaki, is leased from TEPCO Power Grid, Inc. To enhance the asset value of the warehouse and remove restrictions on its use, the Company resolved to acquire the land from that company. Acquisition price: ¥300 million (planned) Scheduled acquisition date 1 September 2017 Funding: Internal funds and bank borrowings」
The Company resolved to acquire 1,287.23 square metres of land for ¥300 million on 1 September 2017 to enhance the asset value of the Hamakawasaki Warehouse of the Keihin Branch and remove restrictions on its use. The acquisition is expected to be funded with internal funds and bank borrowings.