9997.T

TOKYO, Mar 23 (Pulse News Wire) – Belluna CO.,LTD. (9997.T) announced today its decision to acquire the Kushiro Prince Hotel.

The acquisition does not meet the timely disclosure standards but is deemed valuable information by the company. The hotel, located on the shores of Lake Kushiro within the Akan Mashu National Park, offers stunning natural views and abundant hot spring resources. With 208 rooms, it complements Belluna's property portfolio, enhancing their growth strategy outlined in their sixth short-term business plan. The company plans to leverage its customer base, operational expertise, and talent recruitment capabilities to boost profitability and strengthen its presence in the region.

Key details of the facility include a land area of 47231.02 square meters, total floor space of 15281.11 square meters, and completion in May 2005. Major facilities include a large bathhouse, outdoor baths, restaurants, lounges, and glamping areas. The transaction contract was signed, with the expected execution date set for April 30, 2026. The impact on the consolidated earnings for the fiscal period is anticipated to be minor, though significant developments will be disclosed promptly.

Belluna remains committed to expanding its hospitality sector while maintaining high service quality and regional cooperation.

Original Disclosure (PDF)

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