Tokyotokeiba Co.,Ltd.
Notice Regarding Acquisition of Fixed Assets for Redevelopment of Oi Racecourse
As investment for redevelopment of Oi Racecourse, Tokyotokeiba Co.,Ltd. plans to implement a new Training Center and on-site redevelopment within Oi Racecourse at approximately 1,600 hundred million yen. Construction is scheduled to start in 2028 and complete in 2033. The impact on the fiscal year ending December 2026 is expected to be minimal.
Key Figures
- Development cost: approx. 1,600 hundred million yen (very rough estimate)
- Planned construction start: 2028
- Planned completion: 2033
AI要約
Key points
Pursuant to a resolution of the Board of Directors, Tokyotokeiba Co.,Ltd. announced a plan to acquire fixed assets for redevelopment of Oi Racecourse, implementing a new Training Center and on-site redevelopment within Oi Racecourse at approximately 1,600 hundred million yen. Funding will be covered by internal funds and borrowings. Construction is scheduled to begin in 2028 and be completed in 2033, and the impact on performance for the fiscal year ending December 2026 is expected to be minimal.
Future impact and outlook
Ancillary expenses related to the capital investment are expected to be incurred in the future, and direct impact on current term performance is considered minimal. Details regarding the nature of acquired assets and costs will be disclosed going forward. There is a reference to a separate release concerning land acquisition.
Tokyotokeiba Co.,Ltd.
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