Announced details
Hotel Development
Capital relationship: None; Personnel relationship: None; Business relationship: Has had business dealings with the Company previously
Takaracho Sanshin Building, 13-11 Kyobashi 2-chome, Chuo-ku, Tokyo; Representative: Representative Director Araida Masayuki (新井田雅之); Capital: ¥3 billion; Established: 9 November 2000
1-7-4 Shintomi, Chuo-ku, Tokyo, and adjacent areas
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.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Ginza EAST Hotel Project; project management services |
| Counterparty | 清水総合開発株式会社 |
| Counterparty overview | Takaracho Sanshin Building, 13-11 Kyobashi 2-chome, Chuo-ku, Tokyo; Representative: Representative Director Araida Masayuki (新井田雅之); Capital: ¥3 billion; Established: 9 November 2000 |
| Relationship with the Company | Capital relationship: None; Personnel relationship: None; Business relationship: Has had business dealings with the Company previously |
| Launch date | 28 August 2026 (sale settlement and transition to the development phase; actual) |
| Applicable area | Hotel Development |
| Location | 1-7-4 Shintomi, Chuo-ku, Tokyo, and adjacent areas |
| Location scale | Site area: 568.21 sq. m. (including the additionally acquired 240.42 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). |
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.To develop the land as an integrated site for the Ginza EAST Hotel Project.