Kasumigaseki Capital Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director and CEO: Koshiro Kawamoto; hereinafter referred to as "the Company") hereby announces that it has acquired a hotel development site today as follows. 1. Purpose of Acquisition The Company is engaged in hotel development with the aim of realizing a tourism-oriented nation and contributing to regional revitalization. We are developing hotel brands nationwide, including multi-person hotels such as "fav," "FAV LUX," "edit x seven," and "seven x seven," as well as the culture business hotel "BASE LAYER HOTEL." We have acquired this site as real estate for sale to develop a new property for our group's multi-person hotel brands. 2. Overview of the Development Site
3. Counterparty and Transaction Price The counterparty and transaction price are withheld due to confidentiality agreements between the Company and the counterparty. There are no capital or personal relationships to be noted between the Company and the counterparty, and there are no issues regarding their attributes. 4. Future Outlook The impact on the Company's consolidated financial results for the fiscal year ending August 2026 is considered to be minor. Should any significant impact on our consolidated financial results become apparent in the future, we will disclose it promptly. ■ List of Planned Hotel Development Projects
List of Currently Operating Hotel Facilities
Company Information Company Name: Kasumigaseki Capital Co., Ltd. Established: September 2011 Representative: Koshiro Kawamoto, Representative Director and CEO Headquarters: Kasumigaseki Common Gate West Tower 28F, 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-0013 Capital: 48.586 billion yen
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- Source: PR Times
- Category: News