Kasumigaseki Capital announces share issuance to fund expansion across sectors

Kasumigaseki Capital (KC) announced a public offering of 4,000,000 common shares and a secondary offering of 610,000 common shares, with an over-allotment secondary offering of up to 691,500 common shares. These measures aim to strengthen KC's financial foundation for sustained investment in its hotel, logistics, and healthcare businesses. The company plans to expand its logistics business in ASEAN countries and pursue self-led development projects in Dubai, including hotel expansion into the US.

The estimated proceeds from the public offering and third-party allotment are expected to reach up to JPY 39,011,730,450. These funds will be allocated towards acquiring development land, development capital, and property acquisition, with JPY 15,919,000,000 for hotels, JPY 9,926,000,000 for logistics, and JPY 1,575,000,000 for healthcare, with the remainder for overseas projects. The issuance and offering are scheduled between November and December 2025, with pricing to be determined from November 5 to November 10, 2025.

KC's medium-term management plan focuses on diversifying its business portfolio, achieving multi-layered revenue, and expanding assets under management. The secondary offering is also expected to broaden the investor base and improve share liquidity. KC confirmed that these financing activities are not anticipated to impact its performance forecast.