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Real Estate7074Twenty-four seven Holdings Inc.

Twenty-Four Seven Holdings to Acquire Fixed Assets for New Sports Clubs

– Twenty-four Seven Holdings Inc. (7074.T) announced plans to acquire fixed assets for four new “24/7 SPORTS CLUB” locations as part of its expansion strategy.

The acquisitions include land and buildings in Mito, Kasuga, Maebashi, and Mikawa cities, with total costs estimated at ¥32 million and ¥37 million for Mito, ¥23 million and ¥39 million for Kasuga, ¥13 million and ¥16 million for Maebashi, and ¥39 million for Mikawa. All transactions will be funded through internal resources. The company views these investments as crucial for establishing standalone stores in key markets, offering greater design flexibility and customer convenience compared to leased properties. The Mito store was acquired on January 30, 2026, while construction completion is scheduled for June 15, 2026.

Similar timelines apply to the other locations. In addition, the company noted that these acquisitions align with its mid-term business plan, positioning “24/7 SPORTS CLUB” as a flagship concept moving forward. The firm expects these initiatives to drive growth in future fiscal periods, particularly from FY2027 onwards. The acquisition decisions were made based on anticipated high demand in regional urban areas, despite higher initial investment requirements.

The company also highlighted that these moves are reflected in its interim earnings forecast for the six months ending November 2026.

PDFOriginal disclosureTDnet filing · Japanese · 16:00 JSTView original ↗
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