Horizon Hotels Co., Ltd., which had been a specified related party, reduced its expected receipts for the period through the April 2027 fiscal term and ceased to be a specified related party as of October 30, 2026. 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There is no impact on management\/operations, and the prescribed filings will be submitted in accordance with laws and regulations.","jir_summary":"### Overview of the Change\nThe asset management company entrusted with property management by the investment corporation reviewed the amounts expected to be received from Horizon Hotels for the period from the October 2026 term through the April 2027 term. As a result, the total amount expected to be received during that period decreased compared with the prior term, and the three-year average amount became less than 20% of the revenue of the previous operating period; therefore, Horizon Hotels ceased to be a specified related party as of October 30, 2026. There is no impact on management\/operations, and the prescribed filings will be made in accordance with laws and regulations.\n\n### Background and Future Actions\nHorizon Hotels Co., Ltd. is a 100% subsidiary of Hoshino Resorts and primarily operates hotels and inns. Going forward, there will be no change to the management\/operations of the investment corporation or the asset management company, and additional notes related to the change in treatment as a specified related party will be provided as appropriate.","jir_financial_highlights":"Date of change in specified related party: 2026-10-30 (Unknown)\nChange in expected receipt amount: Unknown (Unknown)","jir_category":"","jir_hashtags":"#HoshinoResortsREIT_Inc_IR_information_does_not_include_generic_tags","jir_key_figures":"Date of change: 2026-10-30\nDecrease in expected amount: Unknown\nMajor related party: Horizon Hotels Co., Ltd. (removed from specified related parties of the investment corporation)","jir_meta_title":"Hoshino Resorts REIT, Inc. - Notice of Change in Specified Related Party | October 2026","jir_meta_description":"Hoshino Resorts REIT, Inc. announced the change in status of Horizon Hotels, which had been a specified related party. Expected receipts decreased and the specified related party status changed, with no impact on operations. Prescribed filings will be submitted.","jir_og_title":"Hoshino Resorts REIT, Inc. - Notice of Change in Specified Related Party","jir_og_description":"Announcement of the change in status of Horizon Hotels, which had been a specified related party. No impact on operations; describes forthcoming filings and responses.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9246,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-138851","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n