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Occurring Fact9708Imperial Hotel,Ltd.Information and Communications, Services and Others

(Change to Disclosed Matters) Partial Change to the "Notice Regarding the End of Operations at the Imperial Hotel Tokyo Tower Wing"

The target timing for commencing demolition of the Tower Wing has been revised from during fiscal 2024 to around the end of fiscal 2030. Accordingly, hotel operations, including all guest rooms and banquet facilities in the Tower Wing, and the real estate leasing business will continue until demolition work begins.

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Partial Change to the "Notice Regarding the End of Operations at the Imperial Hotel Tokyo Tower Wing"

Subject Entity

Imperial Hotel,Ltd.

Target Locations / Products

Imperial Hotel Tokyo Tower Wing (all guest rooms and banquet facilities, and the real estate leasing business)

Occurrence27 March 2026 (the change was decided at the Board of Directors meeting held today)
This disclosure03/27/2026
Cause

This decision was made after taking into account the progress of the redevelopment plan for the Uchisaiwaicho 1-chome district, recent trends in prices including construction and labor costs and energy prices, the effects of the recent social environment, and the time required to consider a higher-quality business plan.

Impact on Earnings Forecast

The impact of this matter on the Company's future earnings is currently under review. Once the details are known, the Company plans to reflect them in and disclose its earnings outlook and other forecasts.

Outlook

The Company will review the impact on earnings and, once the details are known, reflect them in and disclose its earnings outlook and other forecasts. The Company also plans to review and disclose its "Medium- to Long-Term Management Plan 2036."

Planned follow-up disclosure

Once the details are known, the Company plans to reflect them in and disclose its earnings outlook and other forecasts. No specific disclosure date has been provided.

Event that occurred
ItemDetails
Event namePartial Change to the "Notice Regarding the End of Operations at the Imperial Hotel Tokyo Tower Wing"
Date of occurrence27 March 2026 (the change was decided at the Board of Directors meeting held today)
Subject EntityImperial Hotel,Ltd.
Target Locations / ProductsImperial Hotel Tokyo Tower Wing (all guest rooms and banquet facilities, and the real estate leasing business)
CauseThis decision was made after taking into account the progress of the redevelopment plan for the Uchisaiwaicho 1-chome district, recent trends in prices including construction and labor costs and energy prices, the effects of the recent social environment, and the time required to consider a higher-quality business plan.
Impact on Earnings ForecastThe impact of this matter on the Company's future earnings is currently under review. Once the details are known, the Company plans to reflect them in and disclose its earnings outlook and other forecasts.
OutlookThe Company will review the impact on earnings and, once the details are known, reflect them in and disclose its earnings outlook and other forecasts. The Company also plans to review and disclose its "Medium- to Long-Term Management Plan 2036."
Planned follow-up disclosureOnce the details are known, the Company plans to reflect them in and disclose its earnings outlook and other forecasts. No specific disclosure date has been provided.
Items this document does not state (17)
Date recognized / date notice receivedAmount of Impact on Business PerformanceAccounting period in which recognizedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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.

This decision was made after taking into account the progress of the redevelopment plan for the Uchisaiwaicho 1-chome district, trends in prices including construction and labor costs and energy prices, the effects of the recent social environment, and the time required to consider a higher-quality business plan.

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(Change to Disclosed Matters) Partial Change to the "Notice Regarding the End of Operations at the Imperial Hotel Tokyo Tower Wing" | Imperial Hotel,Ltd. (9708) timely disclosure | Komori