Komori
Other Disclosures8844COSMOS INITIA Co.,Ltd.Real estate

Notice Concerning the Sale of an Income-Producing Property (Hotel)

We sold an income-producing property in Kyoto City operated as the apartment hotel “MIMARU.” Our group will remain involved in operating “MIMARU” after the sale.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
2456.07
m² (total floor area)
Wording
Definitive
How definitive the wording is.

Announced details

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

Hotel Operations

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

There is no capital or personnel relationship.

Location (as indicated in this announcement)

Hon'yagimizucho, Nishinotoin-dori Takatsuji-agaru, Shimogyo-ku, Kyoto, Kyoto Prefecture

Total floor area: 2,456.07 m²; total guest rooms: 43
Impact on Business Performance

Already reflected in the published earnings forecasts for the fiscal year ending March 2027

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredMIMARU apartment hotel
Relationship with the CompanyThere is no capital or personnel relationship.
Applicable areaHotel Operations
LocationHon'yagimizucho, Nishinotoin-dori Takatsuji-agaru, Shimogyo-ku, Kyoto, Kyoto Prefecture
Location scaleTotal floor area: 2,456.07 m²; total guest rooms: 43
Impact on Business PerformanceAlready reflected in the published earnings forecasts for the fiscal year ending March 2027
Items this document does not state (12)
CounterpartyCounterparty overviewContract ValueOffering 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.

The company has not stated the reason for the sale.

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 Concerning the Sale of an Income-Producing Property (Hotel) | COSMOS INITIA Co.,Ltd. (8844) timely disclosure | Komori