Agreements reached under this partnership
Business Alliances- 1
The parties will jointly continue discussions and consideration regarding the specific business structure of the multipurpose arena, its design and construction, ownership and operating structure, and the various conditions for entering into a strategic partnership in the future.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Capacity: approximately 20,000 people (multipurpose arena); target opening: 2033
The impact of this partnership on the Company's consolidated results for the current fiscal year will be immaterial. Details of the future business scale and business structure are currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | LIVE NATION JAPAN LLC |
| Alliance partner's business activities | Bringing in domestic and international artists and promoting performances; planning, producing and operating live concerts and other events featuring domestic and international artists; and venue development and operation |
| Alliance partner's location | Shibuya-ku, Tokyo |
| Alliance partner's capital | ¥91.76 million |
| Type of alliance | Business Alliances |
| Details of the alliance | The parties will jointly continue discussions and consideration regarding the specific business structure of the multipurpose arena, its design and construction, ownership and operating structure, and the various conditions for entering into a strategic partnership in the future. |
| Numerical targets under the alliance | Capacity: approximately 20,000 people (multipurpose arena); target opening: 2033 |
| Date of board resolution | 13 November 2026 |
| Contract Date | 13 November 2026 |
| Alliance start date | 13 November 2026 |
| Impact on Business Performance | The impact of this partnership on the Company's consolidated results for the current fiscal year will be immaterial. Details of the future business scale and business structure are currently under review. |
Items this document does not state (12)
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.東京都競馬 explains that it will use the space created through the redevelopment of Oi Racecourse to develop sports, cultural and entertainment facilities, thereby creating a community in the Oi area centered on an urban entertainment racecourse. It also aims to maximize business value by combining 東京都競馬's expertise in operating large-scale visitor facilities and its foundations for collaboration with the local community with the Live Nation group's expertise in arena development and operation.