Kintetsu Group transfers hotel leasing business to Kintetsu Miyako Hotels

• Kintetsu Real Estate will transfer its 12-hotel leasing business to fellow Kintetsu Group Holdings subsidiary Kintetsu Miyako Hotels International.
• The agreement was signed Oct. 23, 2026, with the transfer effective Jan. 1, 2027.
• Kintetsu Miyako Hotels International will issue 5,391 common shares to Kintetsu Real Estate.
• The transfer will integrate hotel ownership, management and operations to improve responsiveness to market changes and maximize hotel asset values.
• The transaction's impact on the group's consolidated and non-consolidated financial results is immaterial.

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. Kintetsu Group Holdings Co. Ltd. published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.