Komori
M&A and Subsidiary Changes9656GREENLAND RESORT COMPANY LIMITEDInformation and Communications, Services and Others

Notice Regarding the Transfer of Part of the Business of a Consolidated Subsidiary

空知リゾートシティ, a consolidated subsidiary, will transfer the operating business of Hotel Sun Plaza, together with related human and physical assets, to a third party. The transfer agreement was signed on 31 March 2026, and the transfer is scheduled to take effect on 1 July 2026.

Worth reading
30Immaterial
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
4
Less than 4% of consolidated net sales
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Business Transfers
CounterpartyNot disclosed
Disclosing companyGREENLAND RESORT COMPANY LIMITED
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Operating business of Hotel Sun Plaza

Location 1-6-1 4-jo Higashi, Iwamizawa, Hokkaido
Net SalesNet sales for the most recent fiscal year: less than 4% of our consolidated net sales
Consideration and expenses
Acquisition priceThe amount was determined through discussions with the transferee. The transfer price is undisclosed due to confidentiality obligations to the transferee.
Impact on Business Performance

The impact of this business transfer on results for the fiscal year ending December 2026 is currently under review.

Procedures and assumptions
Valuation methodologyThe amount was determined through discussions with the transferee.
This transaction
ItemDetails
Transaction nameBusiness Transfers
Counterparty nameNot disclosed
Business Description of the Subject CompanyOperating business of Hotel Sun Plaza
Location of the Subject Company1-6-1 4-jo Higashi, Iwamizawa, Hokkaido
Net Sales of the Subject CompanyNet sales for the most recent fiscal year: less than 4% of our consolidated net sales
Acquisition priceThe amount was determined through discussions with the transferee. The transfer price is undisclosed due to confidentiality obligations to the transferee.
Impact on Business PerformanceThe impact of this business transfer on results for the fiscal year ending December 2026 is currently under review.
Contract Date31 March 2026
Execution Date / Effective Date1 July 2026
Valuation methodologyThe amount was determined through discussions with the transferee.
Items this document does not state (22)
Name of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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 allocate management resources efficiently and optimize the business portfolio under the Medium-Term Management Plan 2026.

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 the Transfer of Part of the Business of a Consolidated Subsidiary | GREENLAND RESORT COMPANY LIMITED (9656) timely disclosure | Komori