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

Notice Regarding the Opening of a New Hotel Property in Sapporo, Hokkaido

For a hotel in the Susukino district of Sapporo, Hokkaido, the Company entered into a 15-year fixed-term building lease agreement with 合同会社オルタナ31 and plans to begin operating KOKO HOTEL Sapporo Susukino 2nd in July 2026. The hotel will have 212 rooms, and the Company plans to renovate and reconfigure the rooms to capture leisure and inbound tourism demand.

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
212
Rooms
Wording
Conditional
How definitive the wording is.

Announced details

KOKO HOTEL Sapporo Susukino 2nd / Hotel operations services
Applicable field (uses covered by this announcement)

Hotel operations, business demand and leisure demand, including inbound tourism

Launch dateJuly 2026 (scheduled; start of hotel operations)
Contract Date13 March 2026 (date the lease agreement was executed)
What the company reported numerically
Quantitative Effects

The total number of rooms operated is expected to reach 16,748 after operations begin.

Usage history

The Company already operates 3 hotels in Sapporo.

Relationship between the counterparty and the company
Polaris Holdings Co.,Ltd.3010
Relationship with the Company

A party to the lease agreement. There are no capital, personnel or business relationships between the counterparty and the Company requiring special mention, and the counterparty does not qualify as a related party.

Counterparty合同会社オルタナ31

1-4-1 Marunouchi, Chiyoda-ku, Tokyo (at Tokyo Kyodo Accounting Office); person responsible for executing duties: Hongo Masakazu (本郷 雅和); business activities include the acquisition, ownership, leasing and management of real estate; established in March 2026

Location (as indicated in this announcement)

12-1 Minami 6-jo Nishi 5-chome, Chuo-ku, Sapporo, Hokkaido

212 rooms
Impact on Business Performance

Already reflected in the earnings forecast for the fiscal year ending March 2027. The impact on consolidated results for the current fiscal year will be immaterial.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredKOKO HOTEL Sapporo Susukino 2nd / Hotel operations services
Counterparty合同会社オルタナ31
Counterparty overview1-4-1 Marunouchi, Chiyoda-ku, Tokyo (at Tokyo Kyodo Accounting Office); person responsible for executing duties: Hongo Masakazu (本郷 雅和); business activities include the acquisition, ownership, leasing and management of real estate; established in March 2026
Relationship with the CompanyA party to the lease agreement. There are no capital, personnel or business relationships between the counterparty and the Company requiring special mention, and the counterparty does not qualify as a related party.
Contract Date13 March 2026 (date the lease agreement was executed)
Launch dateJuly 2026 (scheduled; start of hotel operations)
Applicable areaHotel operations, business demand and leisure demand, including inbound tourism
Location12-1 Minami 6-jo Nishi 5-chome, Chuo-ku, Sapporo, Hokkaido
Location scale212 rooms
Quantitative EffectsThe total number of rooms operated is expected to reach 16,748 after operations begin.
Usage historyThe Company already operates 3 hotels in Sapporo.
Impact on Business PerformanceAlready reflected in the earnings forecast for the fiscal year ending March 2027. The impact on consolidated results for the current fiscal year will be immaterial.
Items this document does not state (6)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateSource

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.

Expansion of the hotel operations platform and an increase in contracted hotel management engagements. The counterparty recognized the Company's hotel operating track record and growth potential. The Company already operates 3 hotels in Sapporo, and the new hotel is expected to improve operating efficiency in the area.

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Notice Regarding the Opening of a New Hotel Property in Sapporo, Hokkaido | Polaris Holdings Co.,Ltd. (3010) timely disclosure | Komori