Agreements reached under this partnership
Business alliance- 1
Redeveloping and repurposing existing medium- to large-sized older properties
- 2
Aiming to expand our share of the secondhand real estate market
- 3
For hotel projects undertaken through the above JV, the three companies, including 株式会社SQUEEZE, will jointly advance the business
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The companies aim to build up an investment balance exceeding ¥100 billion at an early stage. Since its establishment, they have decided to invest a total of approximately ¥15 billion in 2 properties, and have also reached the stage where the commercialization of 2 additional properties is in sight.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
| Item | Details |
|---|---|
| Name of alliance partner | Hulic Co.,Ltd., 株式会社SQUEEZE |
| Alliance partner's business activities | Real estate businesses, including well-located offices mainly in Tokyo’s 23 wards, and new fields such as children’s education, sports and entertainment, An AX (AI Transformation) platform centered on the next-generation operations platform “suitebook”; support for revenue maximization and operational efficiency through the use of AI; hotel planning and operation; and operational support through BPO services |
| Alliance partner's location | Chuo-ku, Tokyo, Not disclosed |
| Type of alliance | Business alliance |
| Details of the alliance | Redeveloping and repurposing existing medium- to large-sized older properties, Aiming to expand our share of the secondhand real estate market, For hotel projects undertaken through the above JV, the three companies, including 株式会社SQUEEZE, will jointly advance the business |
| Overview of the joint venture | Name HistoRy合同会社 / Location Not disclosed / Business Description Not disclosed / Capital Contributions Not disclosed / Ownership ratio Not disclosed |
| Numerical targets under the alliance | The companies aim to build up an investment balance exceeding ¥100 billion at an early stage. Since its establishment, they have decided to invest a total of approximately ¥15 billion in 2 properties, and have also reached the stage where the commercialization of 2 additional properties is in sight. |
| Alliance start date | 3 February 2026 (the establishment date of HistoRy合同会社; the specific start date of the alliance for projects under the business alliance is Not disclosed) |
Items this document does not state (15)
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 companies aim to convert the property into an open, spacious hotel by making use of the existing building’s floor-to-floor height and underground parking, thereby meeting demand for medium- to long-term stays. They also aim to expand their share of the secondhand real estate market by redeveloping and repurposing older properties.