Komori
Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real estate

Notice Regarding the Sale of Property for Sale (Land for Hotel Development)

The Company sold a hotel development site in Miyazaki, Miyazaki Prefecture, and completed the sale settlement. Following the sale, the Company continues to be involved in the development by providing project management services under contract.

Worth reading
50Recurring
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
2967.67
m² (site area)
Wording
Definitive
How definitive the wording is.

Announced details

Miyazaki Aoshima Hotel Project (sale of hotel development site and project management services)
Applicable field (uses covered by this announcement)

Hotel Development

Launch date31 July 2026 (sale settlement, actual)
Relationship between the counterparty and the company
Kasumigaseki Capital Co.,Ltd.3498
Relationship with the Company

The Company sourced and planned the project and continues to provide project management services for the development after selling the site to the development investor. There are no capital or personnel relationships.

Location (as indicated in this announcement)

1-16-64 Aoshima, Miyazaki, Miyazaki Prefecture

Site area: 2,967.67 sq. m.
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.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredMiyazaki Aoshima Hotel Project (sale of hotel development site and project management services)
Relationship with the CompanyThe Company sourced and planned the project and continues to provide project management services for the development after selling the site to the development investor. There are no capital or personnel relationships.
Launch date31 July 2026 (sale settlement, actual)
Applicable areaHotel Development
Location1-16-64 Aoshima, Miyazaki, Miyazaki Prefecture
Location scaleSite area: 2,967.67 sq. m.
Impact on Business PerformanceAlready 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)
CounterpartyCounterparty overviewContract ValueOffering priceContract 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 development investor and transaction price have not been disclosed due to confidentiality obligations. The sale has already been reflected in the consolidated earnings forecast for the fiscal year ending August 2026, and revenue will be recognized upon settlement of the sale.

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