Komori
M&A and Subsidiary Changes3498Kasumigaseki Capital Co.,Ltd.Real Estate

Notice of the Launch of Our First Ryokan Rebranding Project Through the Acquisition of Shares in 株式会社花屋敷浮舟園

霞ヶ関キャピタル acquired 100% of the shares in 株式会社花屋敷浮舟園, making it a subsidiary. As a result, it will begin a project to renovate and rebrand the 花やしき浮舟園 ryokan in Uji, Kyoto Prefecture.

Worth reading
35Immaterial
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
100
% (share acquisition percentage)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares in 株式会社花屋敷浮舟園
Disclosing companyKasumigaseki Capital Co.,Ltd.
株式会社花屋敷浮舟園Voting rights ownership percentageNumber of shares acquired 100% acquired (number of shares and voting rights: not disclosed)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

Target company

Operates accommodation facilities.

Location Uji, Kyoto Prefecture
Impact on Business Performance

The impact on consolidated results is expected to be immaterial. However, if it becomes clear that the transaction will have a material impact on consolidated results, the company will disclose this promptly.

Procedures and assumptions
Management structure after acquisitionThe company will acquire 100% of the shares and make 株式会社花屋敷浮舟園 a subsidiary. It plans to renovate and rebrand the 花やしき浮舟園 ryokan in Uji, Kyoto Prefecture. The corporate name, representative and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares in 株式会社花屋敷浮舟園
Name of the Subject Company株式会社花屋敷浮舟園
Business Description of the Subject CompanyOperates accommodation facilities.
Location of the Subject CompanyUji, Kyoto Prefecture
Number of shares acquired100% acquired (number of shares and voting rights: not disclosed)
Voting rights ownership percentageAfter 100% (share acquisition percentage) (before not disclosed)
Impact on Business PerformanceThe impact on consolidated results is expected to be immaterial. However, if it becomes clear that the transaction will have a material impact on consolidated results, the company will disclose this promptly.
Management structure after acquisitionThe company will acquire 100% of the shares and make 株式会社花屋敷浮舟園 a subsidiary. It plans to renovate and rebrand the 花やしき浮舟園 ryokan in Uji, Kyoto Prefecture. The corporate name, representative and treatment of employees: not disclosed
Items this document does not state (24)
Counterparty nameCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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.

In addition to contributing to the realization of a tourism-oriented nation and regional revitalization, the company aims to create new value through its planning, development and operating expertise while preserving the history of 花屋敷浮舟園 and its ties to the local community. It also aims to address increasingly diverse accommodation needs, drive business growth and enhance corporate value by adding the ryokan to its portfolio of accommodation facilities.

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 of the Launch of Our First Ryokan Rebranding Project Through the Acquisition of Shares in 株式会社花屋敷浮舟園 | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori