Announced details
Hotel Development and Operations
The Company has made a silent partnership investment and provides project management services under contract. There are no applicable personnel relationships.
Address: 1-4-1 Nihonbashi, Chuo-ku, Tokyo. Representative: Naha Higawa Hotel Project General Incorporated Association, representative person executing duties: Mishina Kisen (三品貴仙). Silent partnership investors: Japan Airlines Co.,Ltd. and Kasumigaseki Capital Co.,Ltd.
2-2-13 and other locations, Higawa, Naha, Okinawa
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 | Naha Higawa Hotel Project |
| Counterparty | 合同会社那覇樋川ホテルプロジェクト (silent partnership investor: Japan Airlines Co.,Ltd.) |
| Counterparty overview | Address: 1-4-1 Nihonbashi, Chuo-ku, Tokyo. Representative: Naha Higawa Hotel Project General Incorporated Association, representative person executing duties: Mishina Kisen (三品貴仙). Silent partnership investors: Japan Airlines Co.,Ltd. and Kasumigaseki Capital Co.,Ltd. |
| Relationship with the Company | The Company has made a silent partnership investment and provides project management services under contract. There are no applicable personnel relationships. |
| Launch date | Summer 2029 (scheduled opening) |
| Applicable area | Hotel Development and Operations |
| Location | 2-2-13 and other locations, Higawa, Naha, Okinawa |
| Location scale | Site area: 1,121.64 sq. m.; total floor area: 4,643.85 sq. m. (planned); 12 above-ground floors; 105 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. The sale was already reflected in the consolidated earnings forecast for the fiscal year ending August 2026, and revenue was recognized upon settlement of the sale.