Komori
Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real estate

Notice Regarding the Acquisition of Land for Hotel Development

The company acquired a site for hotel development in Matsuo, Naha, Okinawa, and added it to the development pipeline for the Group's hotel brand for large groups. The acquisition price and counterparty have not been disclosed due to confidentiality obligations.

Worth reading
51Recurring
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
1200
sq. m. (approximate 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, hotels for large groups

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

There are no capital or personal relationships requiring disclosure, and no issues have been identified regarding the counterparty's attributes. The business relationship is the acquisition of a site for hotel development.

CounterpartyNot disclosed (undisclosed under a confidentiality agreement)
Location (as indicated in this announcement)

Matsuo, Naha, Okinawa

Approx. 1,200㎡ of site area
Contract Value

Not disclosed (undisclosed under a confidentiality agreement)

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 Offering price.

Announced details
ItemDetails
Names of Products / Services Coveredfav, FAV LUX, edit x seven, seven x seven, BASE LAYER HOTEL
CounterpartyNot disclosed (undisclosed under a confidentiality agreement)
Relationship with the CompanyThere are no capital or personal relationships requiring disclosure, and no issues have been identified regarding the counterparty's attributes. The business relationship is the acquisition of a site for hotel development.
Contract ValueNot disclosed (undisclosed under a confidentiality agreement)
Applicable areaHotel development, tourism, regional revitalization, hotels for large groups
LocationMatsuo, Naha, Okinawa
Location scaleApprox. 1,200㎡ of site area
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 (10)
Counterparty overviewOffering 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.

The company is pursuing hotel development to help establish Japan as a tourism-oriented nation and contribute to regional revitalization, and to roll out the Group's hotel brand for large groups.

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