Worth reading
28Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1600
¥100 million (very rough estimate)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Acquisition of Fixed AssetsDate of board resolution30 September 2026
Consideration and expenses
Acquisition priceDevelopment cost: approximately ¥160 billion (very rough estimate; to be reviewed in detail following the basic design)
Funding arrangementsFunded through internal funds, borrowings and other sources
Impact on Business Performance
The impact of the acquisition of the fixed assets and capital investment on results for the fiscal year ending December 2026 is immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Fixed Assets |
| Acquisition price | Development cost: approximately ¥160 billion (very rough estimate; to be reviewed in detail following the basic design) |
| Funding arrangements | Funded through internal funds, borrowings and other sources |
| Impact on Business Performance | The impact of the acquisition of the fixed assets and capital investment on results for the fiscal year ending December 2026 is immaterial. |
| Date of board resolution | 30 September 2026 |
Items this document does not state (27)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
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 construct a new training center to help develop stronger racehorses and relocate stable functions and facilities that are reaching the time for renewal. In addition, to construct the facilities required after relocating some functions of Oi Racecourse off-site, and to redevelop existing buildings and facilities.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.