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Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real Estate

Notice Regarding the Sale of Real Estate for Sale

FHG, a consolidated subsidiary, sold the assets of a rebranding project in Naka Ward, Nagoya, to an external party and completed the closing of the sale. As a result, the project has been removed from the development pipeline.

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Announced details

Nagoya City Naka Ward Rebranding Project II
Applicable field (uses covered by this announcement)

Hotel development and rebranding

Relationship between the counterparty and the company
Kasumigaseki Capital Co.,Ltd.3498
Relationship with the Company

There are no reportable capital or personnel relationships between the Company or FHG and the counterparty.

Location (as indicated in this announcement)

Naka-ku, Nagoya, Aichi Prefecture

Site area: approximately 800 sq. m.; total floor area: approximately 4,900 sq. m.
Impact on Business Performance

Already incorporated into 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 CoveredNagoya City Naka Ward Rebranding Project II
Relationship with the CompanyThere are no reportable capital or personnel relationships between the Company or FHG and the counterparty.
Applicable areaHotel development and rebranding
LocationNaka-ku, Nagoya, Aichi Prefecture
Location scaleSite area: approximately 800 sq. m.; total floor area: approximately 4,900 sq. m.
Impact on Business PerformanceAlready incorporated into 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 (12)
CounterpartyCounterparty overviewContract ValueOffering priceContract DateLaunch 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.

FHG is refraining from disclosing the counterparty and transaction price pursuant to a confidentiality agreement with the counterparty. The sale was already reflected in the consolidated earnings forecast for the fiscal year ending August 2026, and revenue was recognized when the sale closed.

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Notice Regarding the Sale of Real Estate for Sale | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori