[Atami City, Shizuoka Prefecture] Notice Regarding Acquisition of Hotel Development Site

Kasumigaseki Capital has acquired a hotel development site in Atami City, Shizuoka Prefecture.
NQ 56/100

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  • 📰 Published: March 28, 2026 at 23:46

Kasumigaseki Capital Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director and CEO: Koshiro Kawamoto; hereinafter "the Company") hereby announces that it has acquired a hotel development site today, as detailed below.

1. Purpose of Acquisition

The Company is engaged in hotel development with the aim of contributing to the realization of a tourism-oriented nation and regional revitalization. We operate various 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

We will refrain from disclosing the counterparty and the transaction price due to a confidentiality agreement between the Company and the counterparty. There are no capital or personal relationships to report 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 expected to be minor. Should any significant impact on our consolidated performance become apparent in the future, we will disclose it promptly.

■ List of Planned Hotel Development Projects

■ List of 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