Building Stable Revenue and a Solid Profit Base Centered on Hotel Management
First written in FY2016. 23 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 8 of 27 companies on the "Worse" side.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Against this backdrop, the Group expanded its business scale and strengthened its operating structure following the business integration with 株式会社ミナシア in December 2024, and opened 8 new hotels, including KOKO HOTEL Osaka Namba Sennichimae in Osaka, Hotel Futari Komorebi in Ito, Shizuoka, and yugen kyoto shijo in Kyoto.」
In addition to strengthening the operating structure following the business integration with ミナシア, the Group opened 8 hotels during the year and recorded revenue of ¥48,469 million and operating profit of ¥4,042 million. The disclosure describes progress in the scale and profitability of the hotel-operations-based profit base. - FY2026-H1AdvancedAnnual report
「Against this backdrop, results for the interim consolidated accounting period were revenue of ¥22,988 million, operating profit of ¥1,940 million, ordinary profit of ¥1,353 million and interim net income attributable to owners of the parent of ¥1,096 million. In addition to the solid performance of the hotel market, the business integration with 株式会社ミナシア in December of the previous year resulted in substantial increases in both revenue and profit compared with the same period of the previous year.」
The solid hotel market and the business integration with ミナシア in December of the previous year resulted in revenue of ¥22,988 million, operating profit of ¥1,940 million, ordinary profit of ¥1,353 million and interim net income of ¥1,096 million, representing substantial year-on-year increases in both revenue and profit. The disclosure describes concrete progress in the scale and profitability of the hotel-management-based revenue platform. - FY2025-H1AdvancedAnnual report
「The hotel business recorded revenue of ¥9,820 million and operating profit of ¥1,239 million. As noted above, amid favorable hotel market conditions, we implemented precise revenue management and maintained high occupancy rates and room rates.」
During the interim consolidated accounting period for the fiscal year ending March 2025, the hotel business recorded revenue of ¥9,820 million and operating profit of ¥1,239 million. The disclosure describes progress in the revenue base through revenue management and the maintenance of high occupancy rates and average room rates. - FY2024RaisedAnnual report
「Fiscal year ending March 2027 Revenue ¥25.0 billion Operating profit ¥2.9 billion Net income attributable to owners of the parent ¥2.5 billion Return on equity 15% Rooms operated 10,000 rooms Hotels operated 60 locations Payout ratio (consolidated) 30%」
The medium-term management plan formulated in May 2024 expanded the previous direction of building stable revenue and a stronger profit base into specific quantitative targets for revenue, operating profit, net income and other metrics for the fiscal year ending March 2027. - FY2024-Q3AdvancedAnnual report
「Operating profit increased as a result of gains on the sale of real estate held for sale and progress in lowering the break-even point in the domestic hotel business. Operating profit from the domestic business rose sharply to ¥2,842 million, compared with ¥69 million in the same period of the previous year.」
Domestic operating profit increased from ¥69 million in the same period of the previous year to ¥2,842 million, while consolidated operating profit was ¥3,018 million, ordinary profit was ¥2,384 million and net income attributable to owners of the parent was ¥2,836 million. - FY2024-Q2AdvancedAnnual report
「Revenue was ¥14,120 million, up 353.4% year on year. Operating profit was ¥2,624 million, compared with ¥31 million in the same period of the previous year. Ordinary profit was ¥2,180 million, compared with an ordinary loss of ¥60 million in the same period of the previous year. Net income attributable to owners of the parent was ¥2,555 million, compared with a net loss attributable to owners of the parent of ¥107 million in the same period of the previous year.」
Higher hotel numbers, improved occupancy rates and average room rates, and a lower break-even point drove consolidated revenue to ¥14,120 million, operating profit to ¥2,624 million, ordinary profit to ¥2,180 million and net income attributable to owners of the parent to ¥2,555 million. Progress toward stable revenue and a resilient profit base became more concrete in the results. - FY2024-Q1AdvancedAnnual report
「In terms of profitability, revenue from the domestic business was ¥2,307 million, compared with ¥1,192 million in the same period of the previous year, representing a substantial increase as the number of hotels operated increased and occupancy rates and average room rates improved significantly.」
Domestic business revenue increased from ¥1,192 million in the same period of the previous year to ¥2,307 million on higher hotel numbers and improved occupancy rates and average room rates. Domestic operating profit was ¥186 million, although the consolidated results still included an ordinary loss of ¥4 million and a net loss of ¥33 million. - FY2023RaisedAnnual report
「For the consolidated fiscal year ending March 2024, the recovery trend across Japan's hotel industry continued, and we expect both domestic and international overnight stays to remain firm.」
The Group recorded revenue of ¥7,018 million and operating profit of ¥3 million for the consolidated fiscal year, returning to operating profitability. It also made the goal of building stable revenue and a resilient profit base more concrete by forecasting profitability at each level for the fiscal year ending March 2024. - FY2023-Q3AdvancedAnnual report
「The hotel business recorded revenue of ¥4,956 million, up 79.5% year on year, and operating profit of ¥283 million, compared with an operating loss of ¥790 million in the same period of the previous year.」
The hotel business increased revenue and turned operating results from a loss of ¥790 million in the same period of the previous year to profit of ¥283 million. Operating progress toward stable revenue and a resilient profit base continued. - FY2023-Q2AdvancedAnnual report
「Operating profit was ¥31 million, compared with an operating loss of ¥728 million in the same period of the previous year. The hotel business recorded revenue of ¥3,096 million, up 76.6% year on year, and operating profit of ¥165 million, compared with an operating loss of ¥573 million in the same period of the previous year.」
Hotel business operating profit turned from a loss of ¥573 million in the same period of the previous year to profit of ¥165 million, while consolidated operating profit was ¥31 million. The disclosure describes progress in profitability toward building stable revenue and a resilient profit base centered on hotel management, although ordinary and net losses remained. - FY2023-Q1AdvancedAnnual report
「Operating results improved substantially, with the operating margin improving to -4.9% from -55.9% in the same period of the previous year, as the number of hotels operated under fee-based management contracts increased and the Group implemented low-cost operations across its hotels through staff consolidation and process standardization.」
Hotel business revenue increased 56.1% year on year to ¥1,192 million, and operating results improved from an operating loss of ¥353 million in the same period of the previous year to operating profit of ¥7 million. The disclosure describes concrete progress toward building a revenue base centered on hotel management. - FY2022-Q2AdvancedAnnual report
「Revenue increased in the hotel business despite the impact of COVID-19, as 4 Best Western hotels and 5 KOKO HOTEL properties opened in the previous consolidated fiscal year and 1 KOKO HOTEL property opened during the cumulative second quarter of the current consolidated fiscal year.」
In addition to the 9 properties opened in the previous consolidated fiscal year, 1 KOKO HOTEL property opened during the cumulative second quarter. Revenue increased 105.8% year on year, indicating progress in expanding the business scale of the hotel-management-based revenue platform. - FY2022-Q1AdvancedAnnual report
「Revenue increased in the hotel business despite the impact of COVID-19, as 4 Best Western hotels and 5 KOKO HOTELS opened in the previous consolidated fiscal year.」
The 9 properties opened in the previous consolidated fiscal year contributed to higher revenue in the hotel business. In the first quarter, revenue was ¥764 million, operating loss was ¥427 million, ordinary loss was ¥447 million and net loss was ¥461 million. Losses narrowed from the same period of the previous year, but stable revenue and a resilient profit base had not yet been achieved. - FY2021WorsenedAnnual report
「For the current consolidated fiscal year, we recorded a net loss attributable to owners of the parent of ¥2,101 million, resulting in a negative equity position of ¥784 million as of the end of the fiscal year.」
Although the Group continued to target stable revenue and a resilient profit base centered on its hotel business, full-year revenue fell 45.5%, net loss attributable to owners of the parent was ¥2,101 million, and the Group had negative net assets of ¥784 million, indicating a substantial deterioration in conditions. - FY2021-Q3Revenue recovery in the third quarter, but cumulative losses continuedAnnual report
「During the third quarter of the current consolidated fiscal year, revenue recovered as we opened 5 KOKO HOTELS locations, entered into management service agreements with revenue guarantee provisions that reduced hotel operating risk through initiatives with our sponsor group, the Star Asia Group, and undertook pre-opening preparation services for these hotels. The improvement in occupancy rates also continued as economic activity gradually resumed and measures such as the Go To Travel campaign were implemented.」
The Group reported a recovery in revenue during the third quarter from the opening of 5 KOKO HOTELS properties, receipt of pre-opening services and improving occupancy rates. However, the cumulative third-quarter results still showed an operating loss, ordinary loss and net loss attributable to owners of the parent, and did not state that stable revenue and a resilient profit base had been achieved. - FY2021-Q2WorsenedAnnual report
「During the second quarter of the current consolidated fiscal year, occupancy rates showed signs of improvement as economic activity gradually resumed following the lifting of the state of emergency in Japan and the implementation of measures such as the Go To Travel campaign. However, occupancy rates and room rates did not improve sufficiently, resulting in lower revenue.」
Occupancy rates showed signs of improvement as economic activity resumed and the Go To Travel campaign was implemented, but occupancy rates and average room rates did not recover sufficiently. Conditions remained difficult for the stable revenue and profit base centered on hotels. - FY2021-Q1WorsenedAnnual report
「Revenue was ¥373 million, down 73.8% year on year. Operating loss was ¥500 million, compared with operating profit of ¥12 million in the same quarter of the previous year. Ordinary loss was ¥509 million, compared with ordinary loss of ¥32 million in the same quarter of the previous year. Net loss attributable to owners of the parent was ¥591 million, compared with net income attributable to owners of the parent of ¥56 million in the same quarter of the previous year.」
Occupancy rates and average room rates fell sharply because of COVID-19, and some hotels were temporarily closed. Revenue declined 73.8%, and the Group recorded an operating loss, ordinary loss and net loss attributable to owners of the parent. Conditions deteriorated with respect to building stable revenue and a resilient profit base. - FY2020WorsenedAnnual report
「Operating results were positive from the first through third quarters, supported by company-wide cost reductions and stable occupancy rates at existing hotels in the hotel business, but turned negative in the fourth quarter because of the impact of lower revenue.」
Although the Group recorded operating profit in the first through third quarters, revenue fell in the fourth quarter because of COVID-19, resulting in a full-year operating loss of ¥181 million. Conditions had deteriorated with respect to the goal of building stable revenue and a resilient profit base. - FY2020-Q3AdvancedAnnual report
「Transactions with external customers after eliminating intersegment transactions resulted in revenue of ¥4,184 million, up 12.0% year on year, and operating profit of ¥231 million, up 94.8%.」
The hotel business exceeded the same period of the previous year in both revenue and operating profit, indicating continued operating progress toward establishing stable revenue and a stronger profit base centered on hotel management. - FY2020-Q2AdvancedAnnual report
「Transactions with external customers after eliminating intersegment transactions resulted in revenue of ¥2,873 million, up 13.7% year on year, and operating profit of ¥211 million, up 34.2%.」
The hotel business exceeded the same period of the previous year in both revenue and operating profit, indicating progress toward establishing a revenue base centered on hotel management. - FY2020-Q1AdvancedAnnual report
「Operating profit increased because of the effect of higher revenue and cost reductions across the Group.」
Revenue increased 14.0% year on year, and operating results improved from an operating loss of ¥47 million to an operating profit of ¥12 million. The hotel business also recorded operating profit of ¥76 million, indicating progress in building stable revenue and a stronger profit base. - FY2019-Q3AdvancedAnnual report
「The hotel business recorded an operating loss of ¥103 million, compared with an operating loss of ¥266 million in the same quarter of the previous year. The loss decreased because of the increase in the number of Best Western hotels operated and the reduction in rent payments resulting from the acquisition of lodging facilities.」
While continuing to pursue stable revenue anchored by hotel management and a resilient profit base as its most important priority, the Group reduced its operating loss from ¥266 million in the same period of the previous year to ¥103 million by increasing the number of Best Western hotels it operates and reducing rent payments through the acquisition of accommodation facilities. - FY2019-Q2AdvancedAnnual report
「Against this economic backdrop, the Group is developing new hotels and working to improve occupancy rates and average room rates at existing hotels to achieve its most important immediate priority: building a resilient profit base founded on stable revenue anchored by hotel management and transforming the Group into a company that contributes to society with an awareness of its public responsibilities as a listed company.」
The Group continues to pursue its most important priority and is developing new hotels and improving occupancy rates and room rates at existing hotels. Revenue increased 7.2% as the number of operated hotels grew, and operating results improved from an operating loss to operating profit of ¥2 million. - FY2019-Q1AdvancedAnnual report
「Against this economic backdrop, the Group is developing new hotels and working to improve occupancy rates and average room rates at existing hotels to achieve its most important immediate priority: building a resilient profit base founded on stable revenue anchored by hotel management and transforming the Group into a company that contributes to society with an awareness of its public responsibilities as a listed company.」
While continuing to pursue its most important immediate priority, the Group reduced the hotel business operating loss from ¥66 million in the same period of the previous year to ¥47 million, following the opening of a new hotel in June 2018 and an increase in the number of operated hotels. - FY2018RestatedAnnual report
「Against this economic backdrop, the Group is developing new hotels and working to improve occupancy rates and average room rates at existing hotels to achieve its most important immediate priority: building a resilient profit base founded on stable revenue anchored by hotel management and transforming the Group into a company that contributes to society with an awareness of its public responsibilities as a listed company.」
The Group reiterates building stable revenue anchored by hotel management and a resilient profit base as its most important priority, citing improved occupancy rates and average room rates at existing hotels and new hotel development as the means of execution. - FY2018-Q3RaisedAnnual report
「Against this economic backdrop, our Group is working to improve occupancy rates and room rates at existing hotels and develop new hotels in pursuit of its most important immediate priority: building a solid profit-generating structure based on stable income centered on hotel management and becoming a company that can contribute to society with an awareness of the public nature of being a listed company.」
For existing hotels, the wording has changed from maintaining high occupancy rates and high room rates to improving occupancy rates and room rates. New hotel development is continuing. - FY2018-Q2RestatedAnnual report
「Against this economic backdrop, our Group is working to maintain high occupancy rates and high average room rates at existing hotels and develop new hotels in order to achieve our most important immediate priority: building a resilient profit base founded on stable income centered on hotel management and transforming the Group into a company that contributes to society with an awareness of the public responsibilities of a listed company.」
The Group reiterates its most important priority of building stable income centered on hotel management and a solid profit-generating structure, with the maintenance of high occupancy rates and high room rates at existing hotels and the development of new hotels as the means. - FY2018-Q1RestatedAnnual report
「Against this economic backdrop, our Group is working to maintain high occupancy rates and high average room rates at existing hotels and develop new hotels in order to achieve our most important immediate priority: building a resilient profit base founded on stable income centered on hotel management and transforming the Group into a company that contributes to society with an awareness of the public responsibilities of a listed company.」
The Group reiterates its most important priority of building stable income centered on hotel management and a solid profit-generating structure, with the maintenance of high occupancy rates and high room rates at existing hotels and the development of new hotels as the means. - FY2017RestatedAnnual report
「Against this economic backdrop, our Group is working to maintain high occupancy rates and high average room rates at existing hotels and develop new hotels in order to achieve our most important immediate priority: building a resilient profit base founded on stable income centered on hotel management and transforming the Group into a company that contributes to society with an awareness of the public responsibilities of a listed company.」
The Group reiterates building stable income centered on hotel management and a resilient profit base as its most important immediate priority, with the maintenance of high occupancy rates and high average room rates at existing hotels and new hotel development as its means of achieving it. - FY2017-Q3RestatedAnnual report
「Against this economic backdrop, our Group is working to maintain high occupancy rates and high average room rates at existing hotels and develop new hotels in order to achieve our most important immediate priority: building a resilient profit base founded on stable income centered on hotel management and transforming the Group into a company that contributes to society with an awareness of the public responsibilities of a listed company.」
The Group reiterates its most important priority of building stable income centered on hotel management and a resilient profit base, citing the maintenance of high occupancy rates and high average room rates at existing hotels and the development of new hotels as the means of achieving it. - FY2017-Q2AdvancedAnnual report
「Following the substantial increases in revenue and profit recorded in the previous consolidated fiscal year, the Group has maintained high occupancy rates and high average room rates in its hotel business. By improving results for the second quarter cumulative period compared with the same period of the previous year, it has made steady progress toward its most important immediate priority: building a solid profit base founded on stable revenue centered on hotel management and becoming a company that can contribute to society with an awareness of the public nature of a listed company.」
The Group continues to describe maintaining high occupancy rates and high average room rates and improving results year on year as steady progress toward its most important priority. - FY2017-Q1AdvancedAnnual report
「Following the substantial increases in revenue and profit recorded in the previous consolidated fiscal year, the Group has maintained high occupancy rates and high average room rates in its hotel business. By improving results for the first quarter cumulative period compared with the same period of the previous year, it has made steady progress toward its most important immediate priority: building a solid profit base founded on stable revenue centered on hotel management and becoming a company that can contribute to society with an awareness of the public nature of a listed company.」
The Group states that maintaining high occupancy rates and high average room rates and improving quarterly results year on year represent steady progress toward its most important immediate priority. - FY2016First statedAnnual report
「Build a solid profit base founded on stable revenue centered on hotel management, and transform the Company into one that can contribute to society with an awareness of the public nature of a listed company.」
The Company regards hotel management as the core source of stable revenue and identifies the pursuit of both a solid profit base and social contribution as its most important immediate priority. It also states that measures such as reducing management costs and cutting debt have made progress.