[Kinshicho, Sumida-ku] Notice Regarding Acquisition of Land for Hotel Development
Kasumigaseki Capital Co., Ltd. announced the acquisition of land in Kinshicho, Sumida-ku, Tokyo, to develop their proprietary multi-guest hotel brand. Financial details and the counterparty remain undisclosed.
📋 Article Processing Timeline
- 📰 Published: April 16, 2026 at 00:30
- 🔍 Collected: April 15, 2026 at 16:01
- 🤖 AI Analyzed: April 19, 2026 at 05:34 (85h 32m after Collected)
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)
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)