Announced details
Hotel Development and Operations
No capital or personnel relationship applies. The Company has had a business relationship with the buyer previously.
1-1, 5-chome, Kojimachi, Chiyoda-ku, Tokyo, Sumitomo Fudosan Kojimachi Garden Tower; President and Representative Director: Oda Hiroaki (織田寛明); business description: not provided; capital: ¥10,532 million; established 1 May 1969
1-188, Hakataekiminami, Hakata-ku, Fukuoka City, Fukuoka Prefecture
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 | Hakata Station South Hotel Project |
| Counterparty | Fuyo General Lease Co.,Ltd. |
| Counterparty overview | 1-1, 5-chome, Kojimachi, Chiyoda-ku, Tokyo, Sumitomo Fudosan Kojimachi Garden Tower; President and Representative Director: Oda Hiroaki (織田寛明); business description: not provided; capital: ¥10,532 million; established 1 May 1969 |
| Relationship with the Company | No capital or personnel relationship applies. The Company has had a business relationship with the buyer previously. |
| Launch date | Scheduled opening: summer 2028. Construction is scheduled to begin in July 2026 and be completed in spring 2028. |
| Applicable area | Hotel Development and Operations |
| Location | 1-188, Hakataekiminami, Hakata-ku, Fukuoka City, Fukuoka Prefecture |
| Location scale | Site area: 535.90 m²; total floor area: 3,228.90 m² (planned); 10 above-ground floors; 74 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 (9)
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 sale price has not been disclosed due to a confidentiality agreement with the buyer. The sale was already incorporated into the consolidated earnings forecast for the fiscal year ending August 2026, and revenue was recognized when settlement of the sale was completed.