Komori
Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real Estate

Notice Regarding the Acquisition of Land for Hotel Development

Kasumigaseki Capital Co., Ltd. acquired land for hotel development in Nasu Town, Tochigi Prefecture. The acquired land is scheduled to be classified as real estate held for sale and developed as a site for the Group's large-group hotel brand.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
20000
Approximately 20,000 m² (site area)
Wording
Conditional
How definitive the wording is.

Announced details

favFAV LUXedit x sevenseven x sevenBASE LAYER HOTEL
Applicable field (uses covered by this announcement)

Hotel development, tourism, regional revitalization

Relationship between the counterparty and the company
Kasumigaseki Capital Co.,Ltd.3498
Relationship with the Company

There are no capital or personnel relationships between the Company and the counterparty that require disclosure. Details of the business relationship are undisclosed under a confidentiality agreement.

Location (as indicated in this announcement)

Nasu Town, Nasu County, Tochigi Prefecture

Site area: approximately 20,000 m²
Impact on Business Performance

The company expects the impact on its consolidated results for the fiscal year ending August 2026 to be minor. If a material impact becomes apparent, it will disclose the information promptly.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services Coveredfav, FAV LUX, edit x seven, seven x seven, BASE LAYER HOTEL
Relationship with the CompanyThere are no capital or personnel relationships between the Company and the counterparty that require disclosure. Details of the business relationship are undisclosed under a confidentiality agreement.
Applicable areaHotel development, tourism, regional revitalization
LocationNasu Town, Nasu County, Tochigi Prefecture
Location scaleSite area: approximately 20,000 m²
Impact on Business PerformanceThe company expects the impact on its consolidated results for the fiscal year ending August 2026 to be minor. If a material impact becomes apparent, it will disclose the information promptly.
Items this document does not state (12)
CounterpartyCounterparty overviewContract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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.

To develop the Group's large-group hotel brand as part of hotel development aimed at helping establish Japan as a tourism-oriented nation and contributing to regional revitalization.

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 Regarding the Acquisition of Land for Hotel Development | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori