Komori
Other Disclosures8844COSMOS INITIA Co.,Ltd.Real Estate

Notice Regarding the Acquisition of Land for Apartment Hotel Development

Acquired a development site for the MIMARU apartment hotel in Higashishinsaibashi, Chuo-ku, Osaka. A 70-room hotel is planned, with construction scheduled to begin in autumn 2027 and opening scheduled for winter 2030.

Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
505.04
m² (site area)
Wording
Conditional
How definitive the wording is.

Announced details

Urban apartment hotel “MIMARU”
Applicable field (uses covered by this announcement)

Medium- to long-term stays by families and groups visiting Japan

Launch dateOpening scheduled for winter 2030
What the company reported numerically
Usage history

Fifth property under development around Shinsaibashi Station

Relationship between the counterparty and the company
COSMOS INITIA Co.,Ltd.8844
Relationship with the Company

No capital or personnel relationship requiring disclosure

Location (as indicated in this announcement)

1-chome Higashishinsaibashi, Chuo-ku, Osaka, Osaka Prefecture

Site area: 505.04㎡; total rooms: 70
Impact on Business Performance

The impact on consolidated results for the time being is expected to be immaterial. Should a material impact become apparent, it will be disclosed promptly.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredUrban apartment hotel “MIMARU”
Relationship with the CompanyNo capital or personnel relationship requiring disclosure
Launch dateOpening scheduled for winter 2030
Applicable areaMedium- to long-term stays by families and groups visiting Japan
Location1-chome Higashishinsaibashi, Chuo-ku, Osaka, Osaka Prefecture
Location scaleSite area: 505.04㎡; total rooms: 70
Usage historyFifth property under development around Shinsaibashi Station
Impact on Business PerformanceThe impact on consolidated results for the time being is expected to be immaterial. Should a material impact become apparent, it will be disclosed promptly.
Items this document does not state (10)
CounterpartyCounterparty overviewContract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsSource

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 meet the needs of families and groups visiting Japan for medium- to long-term stays. To expand the lodging business by developing MIMARU properties around Shinsaibashi Station.

How to read this page

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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 Apartment Hotel Development | COSMOS INITIA Co.,Ltd. (8844) timely disclosure | Komori