Koshidaka Holdings sells hotel, major shareholder stake adjusts

Koshidaka Holdings has resolved to sell the Atsugi Vista Hotel, a fixed asset owned by its subsidiary Koshidaka Products Co. Ltd., for an estimated gain of approximately 0.9 billion yen. The transfer aims to enhance management resource efficiency and strengthen the company's financial position, with the gain expected to be recorded as extraordinary income in the Q1 FY2026 consolidated financial results.

Concurrently, Koshidaka Holdings reported a change in its major shareholder structure as of November 15, 2024. Due to the exercise of warrant rights attached to Convertible Bond #1, Fukuru Co., Ltd.'s voting rights ratio decreased from 10.17% to 9.99%. This reduction caused Fukuru Co., Ltd. to cease being a major shareholder. The company stated that this change will not impact its management or financial statements.