Announced details
Hotel Development and Operations
There is no capital or personnel relationship requiring disclosure. Following the sale, the Company will provide project management services for the development under contract.
20-25 Ote-machi and other locations, Hakodate, Hokkaido
Already reflected in the consolidated earnings forecast for the fiscal year ending August 2026. Revenue will be recognized when the performance obligation is satisfied, upon settlement of the sale.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | fav Hakodate Annex Project, fav Hakodate |
| Relationship with the Company | There is no capital or personnel relationship requiring disclosure. Following the sale, the Company will provide project management services for the development under contract. |
| Launch date | Autumn 2028 (scheduled opening) |
| Applicable area | Hotel Development and Operations |
| Location | 20-25 Ote-machi and other locations, Hakodate, Hokkaido |
| Location scale | Site area: 553.62 m²; total floor area: 1,679.65 m² (planned); five-story reinforced-concrete structure; 34 guest rooms (planned) |
| Impact on Business Performance | Already reflected in the consolidated earnings forecast for the fiscal year ending August 2026. Revenue will be recognized when the performance obligation is satisfied, upon settlement of the sale. |
Items this document does not state (11)
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.Pursuant to a confidentiality agreement with the counterparty, the Company is withholding disclosure of the counterparty and transaction price. The sale has already been incorporated into the consolidated earnings forecast for the fiscal year ending August 2026, and revenue will be recognized upon settlement of the sale.