Komori
Management planning3010Polaris Holdings Co.,Ltd.Information and Communications, Services and Others

Notice regarding the execution of a basic agreement toward entering into a lease agreement for hotel property in Naha, Okinawa Prefecture

Polaris Holdings entered into a basic agreement toward entering into a lease agreement for a 19-room hotel scheduled to be built in Naha, Okinawa Prefecture. The formal lease agreement is scheduled to be executed in summer 2026, and hotel operations are scheduled to begin in autumn 2027.

Worth reading
18Immaterial
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
19
Rooms (number of guest rooms)
Wording
Avoiding a definitive answer
How definitive the wording is.

Items stated in the management plan

Medium-Term Management Plan
Publication date 30 March 2026
Key initiatives
01Expand the hotel management platform
02Strengthen efforts to secure hotel management engagements from the sponsor, Star Asia Group, and third-party hotel owners
Non-financial targetsIndicator name Number of guest rooms / Target value 19 rooms / Timing Scheduled start of hotel operations (autumn 2027), Indicator name Start of hotel operations / Target value Start of operations / Timing Autumn 2027
Risks identified by the company
The details of the "hotel scheduled to open" described above are plans as of the present time and may be subject to change in the future.
Items stated in the management plan
ItemDetails
Plan nameMedium-Term Management Plan
Non-financial targetsIndicator name Number of guest rooms / Target value 19 rooms / Timing Scheduled start of hotel operations (autumn 2027), Indicator name Start of hotel operations / Target value Start of operations / Timing Autumn 2027
Key initiativesExpand the hotel management platform, Strengthen efforts to secure hotel management engagements from the sponsor, Star Asia Group, and third-party hotel owners
Risks identifiedThe details of the "hotel scheduled to open" described above are plans as of the present time and may be subject to change in the future.
Publication date30 March 2026
Items this document does not state (20)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetPlan assumptionsResults under the previous planReason for revision or withdrawalSize of the Target MarketDate of board resolution

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 is strengthening its efforts to secure hotel management engagements from its sponsor, Star Asia Group, and third-party hotel owners in order to expand its hotel management platform based on the growth strategy set out in its medium-term management plan. This is also because the Group's track record and growth potential in hotel management have been highly evaluated.

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Notice regarding the execution of a basic agreement toward entering into a lease agreement for hotel property in Naha, Okinawa Prefecture | Polaris Holdings Co.,Ltd. (3010) timely disclosure | Komori