Komori
Other Disclosures3010Polaris Holdings Co.,Ltd.Information and Communications, Services and Others

Notice Concerning the Execution of a Memorandum of Understanding on Hotel Management Services for a Hotel in Taito-ku, Tokyo

The company decided to execute a memorandum of understanding toward entering into a hotel management services agreement under which it will become the operator of a hotel in Taito-ku, Tokyo, to be acquired by the parent group. The hotel is scheduled to begin operations around summer 2028 as “KOKO HOTEL Residence 上野 新御徒町Ⅲ (tentative name).”

Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
45
予定客室数(室)
Wording
Conditional
How definitive the wording is.

Announced details

KOKO HOTEL Residence 上野 新御徒町Ⅲ(仮称)KOKO HOTEL ResidenceKOKO HOTELS
Applicable field (uses covered by this announcement)

ホテル運営、アパートメントタイプのホテル

Launch date2028年夏頃(ホテル運営開始予定)
Contract Date2026年1月21日(ホテル運営に関する覚書の締結予定日)
Relationship between the counterparty and the company
Polaris Holdings Co.,Ltd.3010
Relationship with the Company

直接的な資本関係はないが、当社の親会社等の子会社等。相手先のDirector2名は当社取締役。当社と業務提携契約を締結しており、関連当事者に該当する。

CounterpartyStar Asia Management LLC

所在地:251 Little Falls Drive, Wilmington, County of New Castle, Delaware 19808, USA。代表者:Director マルコム・エフ・マクリーン4世、増山太郎。事業内容:投資助言業及び投資運用業務。資本金:50,000米ドル。設立年月日:2019年12月18日。大株主:Star Asia Group LLC(100%)。

Location (as indicated in this announcement)

東京都台東区新御徒町エリア

45室(予定)
Impact on Business Performance

本覚書の締結による当期の連結業績への影響はない

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredKOKO HOTEL Residence 上野 新御徒町Ⅲ(仮称), KOKO HOTEL Residence, KOKO HOTELS
CounterpartyStar Asia Management LLC
Counterparty overview所在地:251 Little Falls Drive, Wilmington, County of New Castle, Delaware 19808, USA。代表者:Director マルコム・エフ・マクリーン4世、増山太郎。事業内容:投資助言業及び投資運用業務。資本金:50,000米ドル。設立年月日:2019年12月18日。大株主:Star Asia Group LLC(100%)。
Relationship with the Company直接的な資本関係はないが、当社の親会社等の子会社等。相手先のDirector2名は当社取締役。当社と業務提携契約を締結しており、関連当事者に該当する。
Contract Date2026年1月21日(ホテル運営に関する覚書の締結予定日)
Launch date2028年夏頃(ホテル運営開始予定)
Applicable areaホテル運営、アパートメントタイプのホテル
Location東京都台東区新御徒町エリア
Location scale45室(予定)
Impact on Business Performance本覚書の締結による当期の連結業績への影響はない
Items this document does not state (8)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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.

ホテル運営プラットフォームの拡大、同一エリアでの複数ホテル運営による効率化とスケールメリットの追求、ポートフォリオの拡充、自社ブランド「KOKO HOTELS」の認知度向上を図るため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Execution of a Memorandum of Understanding on Hotel Management Services for a Hotel in Taito-ku, Tokyo | Polaris Holdings Co.,Ltd. (3010) timely disclosure | Komori