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Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real estate

Notice Regarding the Acquisition of Land for Hotel Development

Kasumigaseki Capital acquired land for hotel development in Sumida-ku, Tokyo. The site will be used for the development of the Group's hotel brand for group travelers as part of the “Kinshicho Hotel Project.”

Worth reading
47Recurring
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
310
sq. m. (approximate site area)
Wording
Conditional
How definitive the wording is.

Announced details

FAV LUXfavedit x sevenseven x sevenBASE LAYER HOTEL
Applicable field (uses covered by this announcement)

Hotel development, tourism, regional revitalization, group accommodation facilities

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

There are no capital or personnel ties, and there are no issues concerning the counterparty's status. There is a business relationship, but details of the counterparty are not disclosed under a confidentiality agreement.

Location (as indicated in this announcement)

Sumida-ku, Tokyo

Approx. 310 sq. m. of site area
Impact on Business Performance

The impact on consolidated financial results for the fiscal year ending August 2026 is expected to be minor. If a material impact becomes apparent, it will be disclosed promptly.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredFAV LUX, fav, edit x seven, seven x seven, BASE LAYER HOTEL
Relationship with the CompanyThere are no capital or personnel ties, and there are no issues concerning the counterparty's status. There is a business relationship, but details of the counterparty are not disclosed under a confidentiality agreement.
Applicable areaHotel development, tourism, regional revitalization, group accommodation facilities
LocationSumida-ku, Tokyo
Location scaleApprox. 310 sq. m. of site area
Impact on Business PerformanceThe impact on consolidated financial results for the fiscal year ending August 2026 is expected to be minor. If a material impact becomes apparent, it will be disclosed 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 hotel brand for group travelers as part of hotel development aimed at realizing a tourism-oriented nation and contributing to regional revitalization.

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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