Komori
Other Disclosures8844COSMOS INITIA Co.,Ltd.Real Estate

Notice regarding an apartment hotel development project (Kita-ku, Osaka City)

The Company has decided to proceed with a project to develop a planned 46-room apartment hotel in Sonezaki, Kita-ku, Osaka City. Construction is scheduled to begin in spring 2027, with opening scheduled for spring 2029.

Worth reading
52Recurring
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
46
Rooms (planned)
Wording
Conditional
How definitive the wording is.

Announced details

Urban apartment hotel “MIMARU” / (tentative name) Osaka City Kita-ku Sonezaki Apartment Hotel
Applicable field (uses covered by this announcement)

Accommodation business for medium- to long-term stays by families and groups visiting Japan

Launch dateSpring 2029 (scheduled opening)
Relationship between the counterparty and the company
COSMOS INITIA Co.,Ltd.8844
Relationship with the Company

There is no capital or personnel relationship. Details of the business relationship are undisclosed.

Location (as indicated in this announcement)

2 Sonezaki, Kita-ku, Osaka City, Osaka Prefecture

Site area: 519.24 m²; total rooms: 46 (planned)
Impact on Business Performance

The impact on consolidated results is expected to be immaterial for the time being. The Company will make a timely disclosure if a material impact becomes apparent.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredUrban apartment hotel “MIMARU” / (tentative name) Osaka City Kita-ku Sonezaki Apartment Hotel
Relationship with the CompanyThere is no capital or personnel relationship. Details of the business relationship are undisclosed.
Launch dateSpring 2029 (scheduled opening)
Applicable areaAccommodation business for medium- to long-term stays by families and groups visiting Japan
Location2 Sonezaki, Kita-ku, Osaka City, Osaka Prefecture
Location scaleSite area: 519.24 m²; total rooms: 46 (planned)
Impact on Business PerformanceThe impact on consolidated results is expected to be immaterial for the time being. The Company will make a timely disclosure if a material impact becomes apparent.
Items this document does not state (11)
CounterpartyCounterparty overviewContract ValueOffering 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.

To meet the medium- to long-term accommodation needs of families and groups visiting Japan, the Company will further expand MIMARU in Osaka and strengthen the foundation of its hotel operations business.

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 an apartment hotel development project (Kita-ku, Osaka City) | COSMOS INITIA Co.,Ltd. (8844) timely disclosure | Komori