Komori
Business alliance3010Polaris Holdings Co.,Ltd.Information and Communications, Services and Others

Notice Concerning the Execution of a Reservation Agreement for an Operating Services Contract for a Newly Built Hotel in Kanazawa, Ishikawa Prefecture

Regarding a hotel planned for construction in Kanazawa, Ishikawa Prefecture, we entered into a reservation agreement with FHG hotels株式会社 toward executing a management contract under which we will serve as hotel operator. The management contract is scheduled to be executed in February 2027, and hotel operations are scheduled to begin in May 2027.

Worth reading
42Recurring
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
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Business alliance
3010Polaris Holdings Co.,Ltd.
Alliance partnerFHG hotels株式会社
Details of the alliance
  1. 1

    Entered into a reservation agreement toward executing a management contract under which we will serve as hotel operator

  2. 2

    Operations are scheduled to be conducted under a hotel brand operated by FHG

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionHotel planning, operations and franchising
LocationChiyoda-ku, Tokyo
Share capital¥3.73 billion (including capital reserves)
Impact on Business Performance

The execution of this reservation agreement will have no impact on consolidated results for the current fiscal year.

Contract Date18 September 2026Alliance start dateMay 2027 (scheduled)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerFHG hotels株式会社
Alliance partner's business activitiesHotel planning, operations and franchising
Alliance partner's locationChiyoda-ku, Tokyo
Alliance partner's capital¥3.73 billion (including capital reserves)
Type of allianceBusiness alliance
Details of the allianceEntered into a reservation agreement toward executing a management contract under which we will serve as hotel operator, Operations are scheduled to be conducted under a hotel brand operated by FHG
Contract Date18 September 2026
Alliance start dateMay 2027 (scheduled)
Impact on Business PerformanceThe execution of this reservation agreement will have no impact on consolidated results for the current fiscal year.
Items this document does not state (14)
Alliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateChange in major shareholders

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.

Because the operating track record and growth potential of our hotel business were highly regarded. In addition, based on the Medium-Term Management Plan 2030, we aim to expand our hotel operations platform, improve operating efficiency in Kanazawa, and capture inbound demand.

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 Reservation Agreement for an Operating Services Contract for a Newly Built Hotel in Kanazawa, Ishikawa Prefecture | Polaris Holdings Co.,Ltd. (3010) timely disclosure | Komori