Kasumigaseki Capital Co.,Ltd. cancelled the acquisition of 49% stake in Alpha Capital Enterprises Limited from Alpha Capital Japan GK.
August 18, 2020
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Kasumigaseki Capital Co.,Ltd. (TSE:3498) agreed to acquire 49% stake in Alpha Capital Enterprises Limited from Alpha Capital Japan GK on August 19, 2019. Kasumigaseki Capital believes that the transaction will contribute to the improvement of its business performances as well as corporate value over the medium to long term and will only have a minor impact on Kasumigaseki Capital's business performance for the fiscal period ending August 31,2019.
Kasumigaseki Capital Co.,Ltd. (TSE:3498) cancelled the acquisition of 49% stake in Alpha Capital Enterprises Limited from Alpha Capital Japan GK on August 19, 2020.
Kasumigaseki Capital Co Ltd is a Japan-based company mainly engaged in the real estate consulting business, which mainly involves consulting and management related to real estate investment, as well as the development of profitable real estate. The Company operates through four businesses. The logistics business develops rental type refrigerated warehouses. The hotel business develops apartment hotels, which are medium-to long-term stay hotels for group stays of 4 to 8 people, with a focus on rooms for large groups, where there is a supply-demand gap. The healthcare-related facility business is currently focusing on the development of hospice housing among healthcare-related facilities. The Company's overseas business focuses on the United Arab Emirates (Dubai) and enters the real estate market.
KASUMIGASEKI CAPITAL CO.,LTD. 
