Komori
M&A and Subsidiary Changes9713THE ROYAL HOTEL,LIMITEDInformation and Communications, Services and Others

Notice Regarding the Execution of a Fixed-Term Building Lease Agreement Reservation Contract

The Company has resolved to enter into a 20-year fixed-term building lease reservation agreement to open a new hotel in Hakone, Kanagawa Prefecture. The lease is scheduled to commence at the end of October 2028, and the hotel is scheduled to open at the end of December 2028. The total lease payments are undisclosed, but may amount to 30% or more of consolidated net assets for the previous fiscal year.

Worth reading
27Immaterial
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
30
As a percentage of consolidated net assets for the previous fiscal year (may amount to 30% or more)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Fixed-Term Building Lease Reservation Agreement for Opening a Hotel
CounterpartyThe counterparty has not been disclosed at its request.
Disclosing companyTHE ROYAL HOTEL,LIMITED
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Gora, Hakone, Ashigarashimo District, Kanagawa Prefecture
Consideration and expenses
Acquisition priceThe total lease payments have not been disclosed at the counterparty's request.
Type of ConsiderationCash (rent)
Impact on Business Performance

This matter will have no impact on consolidated results for the fiscal year ending March 2027. If any matter affecting future results is decided, the Company will promptly disclose it.

This transaction
ItemDetails
Transaction nameFixed-Term Building Lease Reservation Agreement for Opening a Hotel
Counterparty nameThe counterparty has not been disclosed at its request.
Location of the Subject CompanyGora, Hakone, Ashigarashimo District, Kanagawa Prefecture
Acquisition priceThe total lease payments have not been disclosed at the counterparty's request.
Type of ConsiderationCash (rent)
Impact on Business PerformanceThis matter will have no impact on consolidated results for the fiscal year ending March 2027. If any matter affecting future results is decided, the Company will promptly disclose it.
Date of board resolution25 June 2026
Contract DateFixed-Term Building Lease Reservation Agreement: end of July 2026 (scheduled); Fixed-Term Building Lease Agreement (definitive agreement): end of August 2028 (scheduled)
Execution Date / Effective DateProperty handover and lease commencement: end of October 2028 (scheduled); scheduled hotel opening: end of December 2028 (scheduled)
Items this document does not state (23)
Name of the Subject CompanyBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger 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)Valuation methodologyIndependent 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 make planned investments with a view to the future, open new hotels and expand revenue.

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 Execution of a Fixed-Term Building Lease Agreement Reservation Contract | THE ROYAL HOTEL,LIMITED (9713) timely disclosure | Komori