This transaction
Commencement of a hotel operations businessThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Hotel Operations Business
The impact on consolidated results for the fiscal year ending December 2026 will be immaterial.
| Item | Details |
|---|---|
| Transaction name | Commencement of a hotel operations business |
| Name of the Subject Company | 株式会社ADWホテルマネジメント |
| Business Description of the Subject Company | Hotel Operations Business |
| Location of the Subject Company | Chiyoda-ku, Tokyo |
| Capital Stock of the Subject Company | ¥9 million |
| Date of Establishment of the Subject Company | 1 December 2020 |
| Expenses other than the acquisition price | The specific amount has not yet been determined, including system costs related to hotel operations, staff personnel expenses and advertising expenses related to outsourced management sales activities. |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending December 2026 will be immaterial. |
| Date of board resolution | 16 September 2026 |
| Execution Date / Effective Date | From October 2026 (commencement of sales activities for outsourced management services) |
| Management structure after acquisition | The corporate name will be changed to 株式会社ADWホテルマネジメント, with Suzuki Toshiya (鈴木俊也) serving as Representative Director and Chairman and Yoshida Jun (吉田淳) serving as Representative Director and President. The company will recruit multiple specialists in hotel management and operations, construction and renovation, revenue management, customer acquisition and marketing, among other areas, to establish an organizational structure for advancing the business. |
Items this document does not state (20)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company expects the apartment hotel market to grow, driven by factors including the increase in foreign visitors to Japan. It can also leverage the Group's expertise in acquiring, developing and enhancing the value of income-producing real estate, while expanding its asset-light income business by recruiting experienced specialists. The corporate name will be changed to clarify that the company is responsible for the hotel operations business and to enhance recognition and trust among hotel owners and others.