Tokyo Tatemono Co., Ltd.

8804.T
Real Estate Services
2026/04/03 Updated
Market Cap: $4.8B (¥764.4B)
Stock Price: $23.09 (¥3,682)
Exchange Rate: 1 USD = ¥159.49

Notice Regarding Acquisition of Fixed Assets

Tokyo Tatemono Co., Ltd. plans to acquire fixed assets worth approximately 165 billion yen. The company is participating as a member of the cooperative in the Kyobashi 3-chome East District Type 1 Urban Redevelopment Project, scheduled to commence construction in December 2026 with completion planned for fiscal year 2032.

Importance:
Page Updated: March 24, 2026
IR Disclosure Date: March 24, 2026

Key Figures

  • Acquisition Amount (Planned): Approximately 165 billion yen
  • Construction Period: December 2026 – Fiscal Year 2032
  • Scheduled Start of Operations: Offices/Stores: Fiscal Year 2030, Hotels: Fiscal Year 2032

AI要約

Overview of Fixed Asset Acquisition

Tokyo Tatemono Co., Ltd. is participating as a rights holder and a member of the cooperative in the Kyobashi 3-chome East District Type 1 Urban Redevelopment Project. Following approval of the rights conversion plan by the Governor of Tokyo, the company plans to acquire land and buildings for approximately 165 billion yen. The acquired assets are located in Kyobashi 3-chome, Chuo-ku, Tokyo, intended for use as offices, hotels, stores, and related purposes.

Future Schedule and Outlook

Construction is scheduled to begin in December 2026, with completion planned for fiscal year 2032. Offices and stores are expected to start operation from fiscal year 2030, and hotels from fiscal year 2032. This asset acquisition has already been factored into the consolidated earnings guidance for the fiscal year ending December 2026, with no revisions to the earnings forecast.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.