Notice Regarding Acquisition of New Business Land (Tennoji-ku, Osaka City)

ESCON Co., Ltd. (Headquarters: Minato-ku, Tokyo; President: Takatoshi Ito) is pleased to announce the acquisition of land for a new business project in Tennoji-ku, Osaka City. This project site is located within the school district of "Osaka Municipal Gojo Elementary School," renowned as one of Osaka's leading educational districts. With the spacious "Gojo Park" nearby, it is an optimal location for families raising children, combining an excellent educational environment with the richness of nature. Furthermore, it is a corner lot with road access on two sides, situated in a quiet residential area set back from the main road, offering excellent ventilation and natural light. The surrounding area offers a highly convenient living environment where supermarkets, financial institutions, medical facilities, and the ward office are all within walking distance. By going just a little further, commercial facilities around "Osaka Uehommachi" Station and "Tennoji" Station can be comfortably used on a daily basis. In addition, the site boasts excellent transportation convenience, encompassing 3 stations and 4 lines within walking distance: a 7-minute walk to "Momodani" Station on the JR Osaka Loop Line, as well as "Shitennoji-mae Yuhigaoka" Station on the Osaka Metro Tanimachi Line, and "Osaka Uehommachi" Station on the Kintetsu Osaka and Nara Lines. From "Momodani" Station, there is direct access to "Tennoji" Station in just 4 minutes (2 stops) and to "Osaka" Station in 18 minutes. We will proceed with a residential subdivision business (condominium development) that fully utilizes the characteristics of this location. [Overview of Newly Acquired Business Land] (Tentative Name) Osaka City Tennoji-ku Karasugatsuji Project Location: 158 (Lot Number), 2-chome Karasugatsuji, Tennoji-ku, Osaka City Site Area: 1,077.15 square meters Corporate Headquarters, Public Relations Department, Phone: 03-6230-9308