Kasumigaseki Capital unit fav hospitality group buys Wakayama Marina City in full-share acquisition
Reuters2026/08/21 06:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Kasumigaseki Capital’s consolidated unit fav hospitality group acquired 100% of Wakayama Marina City’s shares.
- Deal brings ownership of Wakayama Marina City’s real estate alongside its resort operations, including a hotel, theme park, hot spring facilities.
- Transaction expands Kasumigaseki Capital beyond lodging into operating large-scale integrated resorts and tourism assets.
- Impact was already reflected in the group’s consolidated earnings forecast for the fiscal year ending August 2026.
- Wakayama Marina City, founded in 2003, has capital of JPY 50 million and 95 employees as of end-July 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kasumigaseki Capital Co. Ltd. published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.
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