Sale of Miami development site owned by US subsidiary. Settlement is scheduled for August 27, 2026, with buyers involving Japanese investors and domestic financial institutions. The sale price is aimed to be at least 10% of the previous period\u2019s sales, with no upper limit. Positioning the US business as a guiding force and strengthening local presence to pursue growth opportunities in the US market.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3498","jir_company_name":"\u971e\u30f6\u95a2\u30ad\u30e3\u30d4\u30bf\u30eb\u682a\u5f0f\u4f1a\u793e","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3498-20260826-01.pdf","jir_short_summary":"Sale of Miami development site owned by US subsidiary. Settlement is scheduled for August 27, 2026, with buyers involving Japanese investors and domestic financial institutions. The sale price is aimed to be at least 10% of the previous period\u2019s sales, with no upper limit. Positioning the US business as a guiding force and strengthening local presence to pursue growth opportunities in the US market.","jir_summary":"### Background of business expansion and purpose of the sale\nKasuga Capital explains the positioning of the Miami central district hotel and residence complex as the first project in its expansion into the US market. The sale is aimed at capital efficiency and strengthening roles in overseas market collaboration, with the buyer fund coordinating with domestic Japanese investors and financial institutions. Revenue is expected to be recognized at the time of sale settlement.\n\n### US lead and future policy\nThe US business is led by Tatsuo Higuchi, leveraging development know-how for hotels and residences to build a US market foundation. Going forward, the role of connecting Japanese investors and financial institutions with overseas markets will be strengthened to create new opportunities within the US.","jir_financial_highlights":"Scheduled sale settlement date: 2026\u5e748\u670827\u65e5 (\u4e0d\u660e)\nEstimated sale price: \u524d\u671f\u58f2\u4e0a\u9ad8\u306e10\uff05\u306b\u76f8\u5f53\u3059\u308b\u984d\u4ee5\u4e0a (\u4e0d\u660e)","jir_category":"","jir_hashtags":"#\u971e\u30f6\u95a2\u30ad\u30e3\u30d4\u30bf\u30eb, #\u6d77\u5916\u4e0d\u52d5\u7523, #\u30de\u30a4\u30a2\u30df\u30d7\u30ed\u30b8\u30a7\u30af\u30c8","jir_key_figures":"Scheduled sale settlement date: 2026\u5e748\u670827\u65e5\nSale price: To be disclosed in accordance with confidentiality agreements with the buyer; at least 10% of the previous consolidated year's sales\nSite area: Approximately 5,700 \u33a1 (within Miami Worldcenter)","jir_meta_title":"\u3010Kasuga Capital\u3011Sale of United States First Project Miami Development Site\uff5cSettlement in August 2026","jir_meta_description":"Kasuga Capital to sell development site in Miami, USA. Settlement date is August 27, 2026. The seller involves Japanese investors and domestic financial institutions; sale price targets at least 10% of the previous period's sales. Strengthening overseas market business foundation.","jir_og_title":"\u3010Kasuga Capital\u3011Sale of United States First Project Miami Development Site","jir_og_description":"Kasuga Capital announces the sale of the Miami development site in the United States. Disclosure of settlement date and conditions. Aims to create growth opportunities in overseas markets.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9044,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-107229","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n