TOKYO, Mar 13 (Pulse News Wire) – Greens CO.,LTD. (6547.T) resolved at its March 13, 2026 board meeting to enter into a periodic building lease agreement for a hotel property located in Naka Ward, Hiroshima City.
The move aligns with the company's strategy outlined in its mid-term management plan announced on February 13, 2025, which emphasizes accelerating store openings based on demand. The planned hotel will consist of a 12-story building. Due to confidentiality agreements, the value of the asset exceeds the equivalent amount of the company’s prior fiscal net assets, but specifics remain undisclosed.
Additionally, the identity of the lessor remains confidential upon their request. The lease agreement is scheduled to be finalized on April 30, 2026, with occupancy expected to commence on December 1, 2027. Greens CO.,LTD.
Anticipates that this transaction will have a minor impact on its current fiscal performance; however, should significant effects emerge, the company will promptly disclose such developments.
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