Attracting International Hotels to the Hakuba Area and the Full-Scale Launch of the Real Estate Business
First written in FY2024. 4 of 7 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「This was attributable to a gain on the sale of property, plant and equipment from the sale of land at the foot of Iwatake Resort.」
The sale of land proceeded at the planned site related to the attraction of a hotel and the real estate business at the foot of Hakuba Iwatake, and a ¥1,273.948 million gain on the sale of property, plant and equipment was recognized. The filing does not state that the hotel itself has opened. - FY2026-H1RestatedAnnual report
「In addition to facilitating the smooth reception of inbound visitors and conducting various sales activities and promotions, we will address the shortage of accommodation and other facilities in the Hakuba area by developing our own chalets and other accommodation facilities, primarily through the real estate division, as well as attracting developers and supporting facilities that are not operating, working with the local community to resolve various issues.」
In response to the shortage of accommodation in the Hakuba area, we have reaffirmed our policy of continuing to develop our own chalets and other accommodation facilities, primarily through the real estate division, attract developers and support facilities that are not operating. - FY2025-H1AdvancedAnnual report
「In addition to facilitating the smooth reception of inbound visitors and conducting various sales activities and promotions, we will address the shortage of accommodation and other facilities in the Hakuba area by developing our own chalets and other accommodation facilities, primarily through the real estate division, which has moved into full swing this fiscal year, as well as attracting developers and supporting facilities that are not operating, working with the local community to resolve various issues.」
As the real estate division has moved into full swing, the policy has taken concrete shape of developing our own chalets and other accommodation facilities, attracting developers and supporting facilities that are not operating in response to the shortage of accommodation in the Hakuba area. - FY2024First statedAnnual report
「As a company headquartered in Hakuba Village, we will transfer the land subject to the plan to the development company specified below in order to attract an international high-end hotel to the foothills of HAKUBA VALLEY Hakuba Iwatake Mountain Resort, operated by our group, with the aim of further enhancing the appeal and value of the Hakuba area. Transfer price: ¥1.5 billion; handover: March 2026 (scheduled).」
A plan was presented for the first time to attract an international high-end hotel by transferring land to Mitsubishi Estate and Shimizu Corporation in response to the shortage of accommodation in the Hakuba area. The subject land is 19,109 m² (planned), and handover is scheduled for March 2026. As the real estate business has moved into full swing, the company has also begun owning and operating rental housing and other properties.