Announced details
Hotel operations; accommodation demand (business use and domestic and international tourists)
There are no noteworthy capital, personnel or business relationships, and the counterparty is not a related party.
THE GROVE 5F, 2-5-1 Ropponmatsu, Chuo-ku, Fukuoka City. Representative Director: Amano Koichi (天野孝一). Engaged in the development, ownership, leasing, sale and management of real estate. Established on 10 September 2021, with capital of ¥100 million.
14-18 Ginzancho, Naka-ku, Hiroshima City, Hiroshima Prefecture
The execution of this lease 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 Residence Hiroshima Ginzancho (tentative name), KOKO HOTEL Residence |
| Counterparty | 株式会社レーサム福岡 |
| Counterparty overview | THE GROVE 5F, 2-5-1 Ropponmatsu, Chuo-ku, Fukuoka City. Representative Director: Amano Koichi (天野孝一). Engaged in the development, ownership, leasing, sale and management of real estate. Established on 10 September 2021, with capital of ¥100 million. |
| Relationship with the Company | There are no noteworthy capital, personnel or business relationships, and the counterparty is not a related party. |
| Contract Date | 30 June 2026 |
| Launch date | Existing building: April 2027 (scheduled); new building: October 2027 (scheduled) |
| Applicable area | Hotel operations; accommodation demand (business use and domestic and international tourists) |
| Location | 14-18 Ginzancho, Naka-ku, Hiroshima City, Hiroshima Prefecture |
| Location scale | 54 rooms (34 in the existing building and 20 in the new building) |
| Impact on Business Performance | The execution of this lease 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.As the Company works to expand its hotel operating platform and strengthen the acceptance of hotel operating assignments, the counterparty recognized the Company Group’s track record in hotel operations and growth potential. The Company also expects to pursue economies of scale by operating multiple hotels in Hiroshima City and to expand its portfolio.