Komori
Other Disclosures3498Kasumigaseki Capital Co.,Ltd.Real Estate

Notice Regarding the Acquisition of Land for Hotel Development

The Company acquired land for hotel development in Onna Village, Okinawa Prefecture, as real estate held for sale. Part of the acquired property is subject to leasehold rights, and the Company plans to proceed with hotel development.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
19280
Approx. ㎡ (site area)
Wording
Conditional
How definitive the wording is.

Announced details

Hotel brands for groups: “fav,” “FAV LUX,” “edit x seven,” and “seven x seven”Culture-oriented business hotel “BASE LAYER HOTEL”
Applicable field (uses covered by this announcement)

Hotel development, tourism, regional revitalization

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

There is no capital or personnel relationship, and there are no issues concerning the counterparty’s attributes.

CounterpartyNot disclosed (undisclosed under a confidentiality agreement)
Location (as indicated in this announcement)

Onna Village, Kunigami District, Okinawa Prefecture

Approx. 19,280 ㎡ of site area
Contract Value

Not disclosed (undisclosed under a confidentiality agreement)

Impact on Business Performance

The impact on consolidated results for the fiscal year ending August 2027 is expected to be immaterial. The Company will promptly disclose any material impact once it becomes apparent.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredHotel brands for groups: “fav,” “FAV LUX,” “edit x seven,” and “seven x seven”, Culture-oriented business hotel “BASE LAYER HOTEL”
CounterpartyNot disclosed (undisclosed under a confidentiality agreement)
Relationship with the CompanyThere is no capital or personnel relationship, and there are no issues concerning the counterparty’s attributes.
Contract ValueNot disclosed (undisclosed under a confidentiality agreement)
Applicable areaHotel development, tourism, regional revitalization
LocationOnna Village, Kunigami District, Okinawa Prefecture
Location scaleApprox. 19,280 ㎡ of site area
Impact on Business PerformanceThe impact on consolidated results for the fiscal year ending August 2027 is expected to be immaterial. The Company will promptly disclose any material impact once it becomes apparent.
Items this document does not state (10)
Counterparty overviewOffering 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.

As part of its hotel development initiatives aimed at contributing to the realization of a tourism-oriented nation and regional revitalization, the Company acquired land for developing hotel brands for groups under its portfolio.

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 of Land for Hotel Development | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori