Announced details
Hotel management; tourism and business accommodation demand
Neither company has any notable capital, personnel or business relationship with the Company, and neither is a related party of the Company.
Itochu Urban Development Co., Ltd.: 2-9-11 Akasaka, Minato-ku, Tokyo; Representative Director and President Matsu Norio (松 典男); construction and sale of condominiums, detached houses and other properties; management and operation of housing-related facilities; development of office buildings, commercial facilities and other properties; real estate operation, management and consulting; established on 1 December 1997. KRAFTIA CORPORATION: 14th Floor, ONE FUKUOKA BLDG., 1-11-1 Tenjin, Chuo-ku, Fukuoka; Representative Director, President and Executive Officer Ishibashi Kazuyuki (石橋 和幸); comprehensive facilities services, real estate and other businesses; established on 1 December 1944.
Matsuura-cho, Sasebo, Nagasaki Prefecture
The execution of this agreement will have no impact on consolidated results for the current fiscal year.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | KOKO HOTEL Sasebo (tentative name) / Hotel management under the KOKO HOTEL brand |
| Counterparty | 伊藤忠都市開発株式会社, KRAFTIA CORPORATION |
| Counterparty overview | Itochu Urban Development Co., Ltd.: 2-9-11 Akasaka, Minato-ku, Tokyo; Representative Director and President Matsu Norio (松 典男); construction and sale of condominiums, detached houses and other properties; management and operation of housing-related facilities; development of office buildings, commercial facilities and other properties; real estate operation, management and consulting; established on 1 December 1997. KRAFTIA CORPORATION: 14th Floor, ONE FUKUOKA BLDG., 1-11-1 Tenjin, Chuo-ku, Fukuoka; Representative Director, President and Executive Officer Ishibashi Kazuyuki (石橋 和幸); comprehensive facilities services, real estate and other businesses; established on 1 December 1944. |
| Relationship with the Company | Neither company has any notable capital, personnel or business relationship with the Company, and neither is a related party of the Company. |
| Contract Date | 22 April 2026 (reservation agreement for a fixed-term building lease) |
| Launch date | September 2028 (scheduled; commencement of hotel operations) |
| Applicable area | Hotel management; tourism and business accommodation demand |
| Location | Matsuura-cho, Sasebo, Nagasaki Prefecture |
| Location scale | 204 rooms; 20-year contract term |
| Impact on Business Performance | The execution of this agreement will have no impact on consolidated results for the current fiscal year. |
Items this document does not state (8)
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 based on its growth strategy of expanding its hotel management platform. In addition, demand is expected from both tourism and business travelers, given the property's access to Sasebo Station, Sasebo Port and Huis Ten Bosch.