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. 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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.","jir_summary":"### Key points\nPursuant 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.\n\n### Future impact and outlook\nAncillary 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.","jir_financial_highlights":"Development cost: approx. 1,600 hundred million yen (very rough estimate) (Unknown)\nNature of acquired assets: New Training Center and on-site redevelopment of Oi Racecourse (Unknown)\nConstruction start: 2028 (planned) (Unknown)\nConstruction completion: 2033 (planned) (Unknown)","jir_category":"","jir_hashtags":"#OiRacecourseRedevelopment, #AssetAcquisition, #LongTermInvestment","jir_key_figures":"Development cost: approx. 1,600 hundred million yen (very rough estimate)\nPlanned construction start: 2028\nPlanned completion: 2033","jir_meta_title":"Tokyotokeiba Co.,Ltd. Decides on Acquisition of Fixed Assets for Oi Racecourse Redevelopment\uff5c2026","jir_meta_description":"Tokyotokeiba Co.,Ltd. will implement a new Training Center and on-site redevelopment of Oi Racecourse at approximately 1,600 hundred million yen. Construction starts in 2028 and completes in 2033. Impact on fiscal year ending December 2026 is expected to be minimal.","jir_og_title":"Decision to Acquire Fixed Assets for Oi Racecourse Redevelopment\uff5c2026","jir_og_description":"Announcement of investment plan for redevelopment of Oi Racecourse. Indicates approx. 1,600 hundred million yen in development costs and construction start\/completion timeline. Impact on fiscal year ending December 2026 is described as minimal.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":9116,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-125108","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n