Kasumigaseki Capital Announces Acquisition of Hotel Development Land in Hakodate, Hokkaido

Kasumigaseki Capital Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Koshiro Kawamoto; hereinafter 'the Company') announced today that it has acquired land for hotel development, as detailed below. This development land is adjacent to the Company's hotel brand 'fav Hakodate,' and is expected to improve profitability through mutual use with the existing facility. 1. Purpose of Acquisition The Company is engaged in hotel development with the aim of contributing to the realization of a tourism-based country and regional revitalization. It operates hotel brands nationwide, including hotels for large groups such as 'fav,' 'FAV LUX,' 'edit x seven,' 'seven x seven,' and the culture business hotel 'BASE LAYER HOTEL.' The Company has now acquired this new development land for its large-group hotel brand as real estate for sale. 2. Overview of This Development Land 3. Counterparty and Transaction Price The counterparty and transaction price are not disclosed due to a confidentiality agreement between the Company and the counterparty. There are no notable capital or personal relationships to be reported 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. However, should it become clear that there will be a significant impact on the Company's consolidated performance, a prompt disclosure will be made. ■List of Planned Hotel Development Projects ■List of Hotels Currently in Operation ■Company Information Company Name: Kasumigaseki Capital Co., Ltd. Established: September 2011 Representative: Koshiro Kawamoto, President and CEO Headquarters: Kasumigaseki Common Gate West Building 28F, 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 (logistics facility development, hotel development, healthcare facility development, overseas business)