ALPICO HOLDINGS CO.,LTD. [297A.T]
TOKYO, Apr 24 (Pulse News Wire) – 297A.T, represented by President Yuichi Sato, held a residents' meeting on April 5 and met with administrative authorities on April 24 to discuss its long-term development plan for a mixed-use facility project in the Naganohara area called the "Nagano White Village North Castle Project." The project aims to enhance regional convenience and contribute to local revitalization through a bus terminal and commercial services catering to diverse visitor needs. While the total acquisition cost and investment value remain undetermined, the company expects the project's scale to exceed the consolidated net assets of the fiscal year ended March 2025, which stood at 30%.
Scheduled facilities include a bus terminal, commercial areas, and lodging accommodations. The vision for the project emphasizes creating a welcoming space for both tourists and locals while reflecting the unique charm of the region, such as preserving traditional culture and offering seasonal activities.
Looking ahead, the company plans phased openings beginning with the bus terminal by March 2029. At this stage, the impact on the fiscal year ending March 2027 is expected to be minor.
Further details on investment costs and schedules will be disclosed promptly as negotiations progress.
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