Komori
Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real estate

Notice Regarding the Launch of a Hotel Development Project in Las Vegas, United States

A local entity invested in by our company and its U.S. subsidiary acquired a hotel site in Las Vegas and launched a hotel development project. Construction is scheduled to begin in summer 2028, with the hotel scheduled to open in spring 2030.

Worth reading
68In focus
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
21895
sq. m. (approximate site area)
Wording
Conditional
How definitive the wording is.

Announced details

Las Vegas 4000 Paradise Hotel Project (provisional name)
Applicable field (uses covered by this announcement)

Hotels, tourism, conventions and business use

Launch dateSpring 2030 (scheduled; hotel opening)
Relationship between the counterparty and the company
Kasumigaseki Capital Co.,Ltd.3498
Relationship with the Company

There are no capital or personnel relationships requiring disclosure between our company or its U.S. subsidiary and the seller.

Counterparty (name not disclosed)

The seller has chosen not to disclose its identity. The disclosure states that there are no issues regarding the seller's attributes.

Location (as indicated in this announcement)

4000 Paradise Rd, Las Vegas, Nevada 89119

Site area: approximately 21,895 m²
Impact on Business Performance

We believe the impact on results for the fiscal year ending August 2026 will be immaterial, but expect the project to contribute to improved results and corporate value over the longer term.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Google earth、Google map

Announced details
ItemDetails
Names of Products / Services CoveredLas Vegas 4000 Paradise Hotel Project (provisional name)
Counterparty overviewThe seller has chosen not to disclose its identity. The disclosure states that there are no issues regarding the seller's attributes.
Relationship with the CompanyThere are no capital or personnel relationships requiring disclosure between our company or its U.S. subsidiary and the seller.
Launch dateSpring 2030 (scheduled; hotel opening)
Applicable areaHotels, tourism, conventions and business use
Location4000 Paradise Rd, Las Vegas, Nevada 89119
Location scaleSite area: approximately 21,895 m²
Impact on Business PerformanceWe believe the impact on results for the fiscal year ending August 2026 will be immaterial, but expect the project to contribute to improved results and corporate value over the longer term.
SourceGoogle earth、Google map
Items this document does not state (9)
CounterpartyContract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage history

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.

Because new hotel supply in the U.S. market is limited, tourism, sports, convention and population growth in Las Vegas are expected, and we believe the project will enable us to capitalize on our strengths in labor-saving operations, spatial design and content partnerships.

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 Launch of a Hotel Development Project in Las Vegas, United States | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori