Komori
Business Alliance9713THE ROYAL HOTEL,LIMITEDInformation and Communications, Services and Others

Notice of the Execution of a Basic Agreement in the Hotel Operations Business

The Company has decided to enter into a basic agreement with the counterparty regarding plans to open a new hotel in Nara, Nara Prefecture. The property lease is expected to run for 15–20 years.

Worth reading
43Recurring
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
30
Possibility of being at least the stated percentage of consolidated net assets for the previous fiscal year (%)
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

Impact on Business Performance

As the lease is scheduled to commence in January 2029 (予定), this matter will have no impact on consolidated results for the fiscal year ending March 2027. The Company will promptly disclose any matters that are subsequently determined to affect future results.

Date of board resolution5 August 2026Contract DateSeptember 2026 (planned)Alliance start dateJanuary 2029 (予定) · Property handover and lease commencement dateContract Period15–20 years
Agreements reached under this partnership
ItemDetails
Contract Period15–20 years
Date of board resolution5 August 2026
Contract DateSeptember 2026 (planned)
Alliance start dateJanuary 2029 (予定) · Property handover and lease commencement date
Impact on Business PerformanceAs the lease is scheduled to commence in January 2029 (予定), this matter will have no impact on consolidated results for the fiscal year ending March 2027. The Company will promptly disclose any matters that are subsequently determined to affect future results.
Items this document does not state (18)
Name of alliance partnerAlliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersNumerical targets under the allianceShareholding PolicyShare Acquisition Date and Payment DateChange in major shareholders

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 systematically implement investments with a view to the future, open a new hotel 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of the Execution of a Basic Agreement in the Hotel Operations Business | THE ROYAL HOTEL,LIMITED (9713) timely disclosure | Komori