TOKYO, Apr 16 (Pulse News Wire) – Yamaura Corporation (1780.T) announced today that its board of directors, held, resolved to establish a subsidiary named FTT Management. The new entity will focus on managing and operating facilities owned by Nagano, Toumi Shi.
FTT Management will be headquartered in Toyohashi City, Nagano Prefecture, with a capital of ¥200 million. The planned establishment date is May 18, 2026. Yamaura Corporation will hold １００% of the shares in the new subsidiary.
The newly formed subsidiary will engage in hotel management, restaurant operations, planning, and sales activities centered in Toyohashi City. Yamaura expects to transition to consolidated financial reporting for the fiscal year ending March 2027. However, the impact on the company's performance for the same period is anticipated to be minor.
Any further developments related to this initiative will be disclosed promptly.
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