Komori
Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real Estate

Notice Regarding the Acquisition and Sale of Real Estate for Sale

FHG hotels, a consolidated subsidiary, acquired land and a building in Hakata Ward, Fukuoka City and sold part of the project assets on the same day. The acquired building is scheduled to be renovated and converted for use as a hotel or other facility, without demolition and reconstruction.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1800
Site area: approximately 1,800 m² (total floor area: approximately 8,700 m²)
Wording
Conditional
How definitive the wording is.

Announced details

Fukuoka Conversion ProjectHotel brands: “fav,” “FAV LUX,” “edit x seven,” “seven x seven,” and “BASE LAYER HOTEL”
Applicable field (uses covered by this announcement)

Hotel development, building conversion, tourism and regional revitalization

Launch dateIn planning (opening date not yet determined)
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 the Company or FHG and the business partner. The business relationship is the real estate transaction covered by this matter.

Location (as indicated in this announcement)

Hakata-ku, Fukuoka City, Fukuoka Prefecture

Site area: approximately 1,800 m²; total floor area: approximately 8,700 m²
Contract Value

Undisclosed under a confidentiality agreement

Impact on Business Performance

The sale of the land is scheduled to be recognized in the consolidated results for the fiscal year ending August 2027. The consolidated earnings forecast for the fiscal year ending August 2027 is scheduled to be disclosed on 5 October 2026.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredFukuoka Conversion Project, Hotel brands: “fav,” “FAV LUX,” “edit x seven,” “seven x seven,” and “BASE LAYER HOTEL”
Relationship with the CompanyThere are no capital or personnel relationships requiring disclosure between the Company or FHG and the business partner. The business relationship is the real estate transaction covered by this matter.
Contract ValueUndisclosed under a confidentiality agreement
Launch dateIn planning (opening date not yet determined)
Applicable areaHotel development, building conversion, tourism and regional revitalization
LocationHakata-ku, Fukuoka City, Fukuoka Prefecture
Location scaleSite area: approximately 1,800 m²; total floor area: approximately 8,700 m²
Impact on Business PerformanceThe sale of the land is scheduled to be recognized in the consolidated results for the fiscal year ending August 2027. The consolidated earnings forecast for the fiscal year ending August 2027 is scheduled to be disclosed on 5 October 2026.
Items this document does not state (10)
CounterpartyCounterparty overviewOffering priceContract 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.

The property is well located in an area where strong demand is expected in the city center. The transaction is intended to contribute to the realization of a tourism-oriented nation and regional revitalization through hotel development.

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 Acquisition and Sale of Real Estate for Sale | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori