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Sports Shinko Co

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BUSINESS
January 22, 1990 | JACK HAWN, TIMES STAFF WRITER
As he prepared to tee off on the final hole of the pro-am event that preceded the recent MONY Tournament of Champions, Toshio Kinoshita was asked how his golf game was progressing. "About as good as my English," quipped the 62-year-old president and founder of Sports Shinko Co., the giant Japanese company that owns the 420-acre La Costa Hotel and Spa, site of the 38th annual tournament.
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BUSINESS
January 22, 1990 | JACK HAWN, TIMES STAFF WRITER
As he prepared to tee off on the final hole of the pro-am event that preceded the recent MONY Tournament of Champions, Toshio Kinoshita was asked how his golf game was progressing. "About as good as my English," quipped the 62-year-old president and founder of Sports Shinko Co., the giant Japanese company that owns the 420-acre La Costa Hotel and Spa, site of the 38th annual tournament.
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BUSINESS
January 16, 1989 | JACK HAWN, Times Staff Writer
Through four days of dark, rain-threatening skies, bone-chilling winds and occasional sunshine, 12 hours in all, he sat unobtrusively on the first tee, greeting professional golfers who were competing in the recent MONY Tournament of Champions at La Costa Resort Hotel and Spa.
BUSINESS
January 16, 1989 | JACK HAWN, Times Staff Writer
Through four days of dark, rain-threatening skies, bone-chilling winds and occasional sunshine, 12 hours in all, he sat unobtrusively on the first tee, greeting professional golfers who were competing in the recent MONY Tournament of Champions at La Costa Resort Hotel and Spa.
CALIFORNIA | LOCAL
November 21, 1987 | ANTHONY PERRY, Times Staff Writer
Want to see a very serious, very wealthy Japanese sports tycoon break out in a very big smile? Ask him how much money he saved on his $250-million purchase of the luxury La Costa Resort Hotel and Spa because of the rise of the yen and fall of the dollar during the escrow period. "I saved $45 million," a smiling, laughing and altogether pleased Toshio Kinoshita, president of Osaka-based Sports Shinko Co., told reporters at a press conference Friday to announce the completion of the sale.
BUSINESS
June 9, 1988 | CHRIS KRAUL, San Diego County Business Editor
Demonstrating Japanese investors' growing appetite for San Diego real estate, Japan's largest trading company, C. Itoh & Co., and two other Japanese corporate giants have become investors in the newest of downtown San Diego's crop of high-rise office buildings. Tokyo-based C. Itoh is investing in the $75-million, 20-story Cabot, Cabot & Forbes Corporate Center through its American investment arm, J.C. Investment & Realty Co., sources said.
BUSINESS
October 1, 1987 | ERIC BAILEY, Times Staff Writer
A Japanese firm has agreed to purchase the La Costa Hotel & Spa, the internationally known resort in North San Diego County that has lured the rich and famous for more than two decades. Officials of Sports Shinko Co., an Osaka-based firm that owns dozens of country clubs in Japan, have signed a letter of intent to buy the renowned hotel and spa for $250 million, resort operators said Wednesday.
CALIFORNIA | LOCAL
September 27, 1987 | ERIC BAILEY, Times Staff Writer
For years, it has been a virtual island unto itself, a plush, internationally known resort on the southern flank of Carlsbad. Since its grand opening in 1965, the La Costa Resort Hotel and Spa has built an image as one of the premier playgrounds for the rich and famous, drawing presidents and oil barons, captains of industry and Hollywood stars. But now the renowned resort is up for sale. A Japanese firm that specializes in the development of country clubs, Sports Shinko Co.
CALIFORNIA | LOCAL
May 28, 1991 | JOHN M. GLIONNA, TIMES STAFF WRITER
Dolly Minehan feels like an angel being muscled out through heaven's gate. Well, not exactly heaven, she says, but the closest thing earth has to offer--a cluster of aging trailers and cottages perched on the cusp of an Encinitas ocean bluff, affording a stunning view of Batiquitos Lagoon and miles of pristine North County coastline. Residents of the tiny Sunset Shores mobile-home park have a name for their secluded Pacific coast paradise. They call it Shangri-La.
BUSINESS
October 1, 1988 | JONATHAN PETERSON, Times Staff Writer
A giant Tokyo conglomerate Friday agreed to buy the worldwide Inter-Continental Hotel group for $2.27 billion, transferring ownership of some of the world's most famous luxury hotels from the British to the Japanese. The purchase by the Seibu Saison Group includes the Mark Hopkins in San Francisco, the May Fair in London and part ownership of the Willard in Washington. Grand Metropolitan PLC, the British firm that owns Inter-Continental, announced the sale after agreement was reached in Tokyo.
REAL ESTATE
October 11, 1987 | RUTH RYON, Times Staff Writer
Montecito's San Ysidro Ranch, a retreat once owned by movie star Ronald Colman that is still frequented by the rich and famous, has changed hands again. After 11 years, the man who sat behind the ranch door marked "Head Honcho" has returned to his roots in Camden, Me. "As they say, I've now done California," said Jim Lavenson, president of the prestigious Plaza Hotel in New York City before coming west. "I'm going home."
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