WASHINGTON HOTEL CORPORATION [4691.T]
TOKYO, May 01 (Pulse News Wire) – Washington Hotel Corporation (4691.T) announced today that Fujita Kanko Co., Ltd. became its major shareholder following the acquisition of ordinary shares totaling 378,400 on May 01, 2026.
Prior to the transaction, Fujita Kanko held 8,612 shares, representing 7.10% percent of total outstanding voting rights based on the share registry as of March 31, 2026. Post-acquisition, Fujita Kanko's holdings increased to 1,239,680 shares, maintaining their position as the second-largest shareholder. Fujita Kanko, headquartered at Tokyo, Bunkyou Ku Sekiguchi Ni Choume 10-8, engages in hotel operations and restaurant businesses.
The company’s capital stands at ¥100 million. The move strengthens the existing business alliance between the two companies, aimed at enhancing the value of the Washington brand and pursuing long-term corporate growth. The company stated that there would be no immediate impact on its operational structure or performance due to this change in major shareholders.
Washington Hotel Corporation continues to collaborate closely with Fujita Kanko, leveraging the reinforced capital relationship to further advance their strategic partnership.
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