Belluna Co., Ltd. (TSE:9997) singed a contract to acquire Toya Sun Palace Resort & Spa and The Lake Suite Ko-No-Sumika from Karakami Kankoh Co.,Ltd. on March 8, 2023. In a related transaction, Karakami Kankoh selling New Akan Hotel to a private buyer. The hotels are expected to be delivered on March 31, 2023.