Kasumigaseki Capital Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director, President & CEO: Koshiro Kawamoto; hereinafter 'the Company') announced today that it has acquired land for hotel development as described below.
1. Purpose of Acquisition The Company is engaged in hotel development aiming to realize a tourism-oriented nation and contribute to regional revitalization, expanding hotel brands nationwide, including multi-guest 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 newly acquired development land for our group's multi-guest hotel brand as real estate for sale.
2. Overview of the Development Land [Details omitted in source]
3. Counterparty and Transaction Price Regarding the counterparty and transaction price, we refrain from disclosing them due to a confidentiality agreement between the Company and the counterparty. There are no capital or personal relationships between the Company and the counterparty that need to be stated, and there are no problems regarding their attributes.
4. Future Outlook We believe the impact on our consolidated financial results for the fiscal year ending August 2026 will be minor. However, if it becomes clear that there will be a significant impact on our consolidated financial results in the future, we will promptly disclose it.
List of Planned Hotel Development Projects [Details omitted in source]
List of Operating Hotel Facilities [Details omitted in source]
Company Information Company Name: Kasumigaseki Capital Co., Ltd. Established: September 2011 Representative: Representative Director, President & CEO Koshiro Kawamoto Headquarters: 28F Kasumigaseki Common Gate West Tower, 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-0013 Capital: 54.205 billion yen (including capital reserve) *As of the end of February 2026 Number of Employees: 398 (non-consolidated) *As of the end of February 2026 Main Business: Real estate consulting business (logistics facility development, hotel development, healthcare facility development, overseas business)
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- Source: PR TIMES
- Category: News