Komori
Urbanet Corporation (3242) · InitiativeFull-year hotel revenue edged down and profit declined

Entry into and Expansion of the Hotel Business

First written in FY2017. 23 of 28 entries say "Advanced", first in FY2018. Latest entry: FY2026.

28entries
10years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018 – FY2020-Q3AdvancedFY2021-Q1 – FY20252017: 12018: 120182019: 220192020: 320202021: 420212022: 420222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
Entry into the hotel complex business and hotel openingA theme 7 companies write about · 0 as a headwind · 7 as a tailwind

1 other company's latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year hotel revenue edged down and profit declinedAnnual report

    「In the hotel business, revenue was ¥237 million, down 0.4% year on year, and segment profit was ¥39 million, down 14.5%, primarily from room charges and other revenue at Hotel Asyl Tokyo Kamata.」

    The hotel business remained profitable for the full year, but revenue edged down and segment profit declined 14.5% year on year.
  2. FY2026-H1First-half hotel revenue flat, profit downAnnual report

    「Revenue from the hotel business totaled ¥119 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, down 0.3% year on year, while the segment recorded a profit of ¥25 million, down 15.1% year on year.」

    The hotel business remained profitable at the segment level in the first half, but revenue declined 0.3% year on year and segment profit declined 15.1%.
  3. FY2025AdvancedAnnual report

    「Revenue from the hotel business totaled ¥238 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 9.2% from the previous consolidated fiscal year, while the segment recorded a profit of ¥45 million, up 46.8%.」

    Full-year hotel business revenue totaled ¥238 million and segment profit ¥45 million, updating the operating track record against a backdrop of stronger domestic travel demand and inbound tourism.
  4. FY2025-H1AdvancedAnnual report

    「Revenue from the hotel business totaled ¥119 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 10.6% year on year, while the segment recorded a profit of ¥30 million, up 53.2% year on year.」

    Revenue from Hotel Azil Tokyo Kamata during the current interim consolidated accounting period totaled ¥119 million, and segment profit was ¥30.24 million, adding to the hotel's operating track record.
  5. FY2024AdvancedAnnual report

    「Revenue from the hotel business totaled ¥218 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 43.2% from the previous consolidated fiscal year, while the segment recorded a profit of ¥31 million, compared with a segment loss of ¥8 million in the previous consolidated fiscal year.」

    Hotel business revenue totaled ¥218 million, and the segment swung from a loss of ¥8 million in the previous fiscal year to a profit of ¥31 million.
  6. FY2024-Q3AdvancedAnnual report

    「Revenue from the hotel business totaled ¥165 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 61.6% year on year, while the segment recorded a profit of ¥33 million, compared with a segment loss of ¥4 million in the same quarter of the previous year.」

    Hotel business revenue totaled ¥165 million during the cumulative third quarter, and the segment swung from a loss of ¥4 million in the same period of the previous year to a profit of ¥33 million.
  7. FY2024-Q2AdvancedAnnual report

    「Revenue from the hotel business totaled ¥108 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 78.4% year on year, while the segment recorded a profit of ¥19 million, compared with a segment loss of ¥9 million in the same quarter of the previous year.」

    Revenue from Hotel Azil Tokyo Kamata totaled ¥108 million during the cumulative second quarter, and the segment swung from a loss of ¥9 million in the same period of the previous year to a profit of ¥19 million.
  8. FY2024-Q1AdvancedAnnual report

    「Revenue from the hotel business totaled ¥51 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 107.8% year on year, while the segment recorded a profit of ¥8 million, compared with a segment loss of ¥9 million in the same quarter of the previous year.」

    Hotel business revenue totaled ¥51 million in the first quarter, and the segment swung from a loss of ¥9 million in the same quarter of the previous year to a profit of ¥8 million.
  9. FY2023AdvancedAnnual report

    「Revenue from the hotel business totaled ¥152 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 124.0% from the previous consolidated fiscal year, while the segment recorded a loss of ¥22 million, compared with a segment loss of ¥60 million in the previous consolidated fiscal year.」

    Full-year revenue from the hotel business increased to ¥152 million, while the segment loss narrowed from ¥60 million to ¥22 million. In light of improved earnings following the reclassification of infectious diseases to Category 5, the company expects the business to become profitable for the full year.
  10. FY2023-Q3AdvancedAnnual report

    「Revenue from the hotel business totaled ¥102 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 122.4% year on year, while the segment recorded a loss of ¥14 million, compared with a segment loss of ¥39 million in the same quarter of the previous year.」

    Revenue from the hotel business totaled ¥102 million during the cumulative third quarter, up 122.4% year on year. The segment loss also narrowed from ¥39 million to ¥14 million.
  11. FY2023-Q2AdvancedAnnual report

    「Revenue from the hotel business totaled ¥60 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 97.9% year on year, while the segment recorded a loss of ¥17 million, compared with a segment loss of ¥31 million in the same quarter of the previous year.」

    Hotel Azil Tokyo Kamata recorded ¥60 million in revenue during the first half, up 97.9% year on year. The segment loss also narrowed from ¥31 million to ¥17 million.
  12. FY2023-Q1AdvancedAnnual report

    「Revenue from the hotel business totaled ¥24 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 83.0% year on year, while the segment recorded a loss of ¥12 million, compared with a segment loss of ¥15 million in the same quarter of the previous year.」

    Hotel Azil Tokyo Kamata recorded ¥24 million in revenue in the first quarter, up 83.0% year on year, as its operating results.
  13. FY2022AdvancedAnnual report

    「Revenue from the hotel business totaled ¥68 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 177.5% from the previous consolidated fiscal year, while the segment recorded a loss of ¥60 million, compared with a segment loss of ¥113 million in the previous consolidated fiscal year.」

    Full-year revenue from the hotel business increased to ¥68 million, while the segment loss narrowed from ¥113 million in the previous fiscal year to ¥60 million.
  14. FY2022-Q3AdvancedAnnual report

    「Revenue from the hotel business totaled ¥46 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 191.2% year on year, while the segment recorded a loss of ¥39 million, compared with a segment loss of ¥86 million in the same quarter of the previous year.」

    Revenue from the company-owned hotel totaled ¥46 million during the cumulative third quarter, updating its operating track record. Revenue increased year on year, while the segment loss narrowed.
  15. FY2022-Q2AdvancedAnnual report

    「Revenue from the hotel business totaled ¥30 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 312.3% year on year, while the segment recorded a loss of ¥31 million, compared with a segment loss of ¥69 million in the same quarter of the previous year.」

    Revenue from the company-owned hotel totaled ¥30 million during the cumulative second quarter, updating the hotel's operating track record.
  16. FY2022-Q1AdvancedAnnual report

    「Revenue from the hotel business totaled ¥13 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, while the segment recorded a loss of ¥15 million.」

    The company recorded ¥13 million in revenue from room charges and other sources at its company-owned hotel during the first quarter, updating its operating track record.
  17. FY2021AdvancedAnnual report

    「Revenue from the hotel business totaled ¥24 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, while the segment recorded a loss of ¥113 million.」

    After opening in October 2020, the hotel business operated for the full fiscal year and recorded ¥24 million in revenue. The company also reviewed room rates and implemented measures to improve occupancy.
  18. FY2021-Q3AdvancedAnnual report

    「Revenue from the hotel business totaled ¥15 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, while the segment recorded a loss of ¥86 million.」

    Operations at the company-owned hotel generated ¥15 million in revenue from room charges and other sources, updating the operating track record.
  19. FY2021-Q2AdvancedAnnual report

    「(Hotel business) Revenue totaled ¥7 million in the hotel business, primarily from room charges at Hotel Azil Tokyo Kamata and other sources.」

    The company recorded ¥7 million in revenue, primarily from room charges and other sources, for the first time from its company-owned hotel, which began operations on 14 October 2020.
  20. FY2021-Q1AdvancedAnnual report

    「As disclosed on 25 September 2020 in the notice titled “Notice of the Opening of Hotel Azil Tokyo Kamata,” the group began operating its company-owned hotel on 14 October 2020. Accordingly, no revenue from the hotel business was recorded during the cumulative first quarter of the current consolidated fiscal year.」

    The company stated that its company-owned hotel had reached the stage of commencing operations on 14 October 2020. No hotel business revenue was recorded during the cumulative first quarter of the current consolidated fiscal year.
  21. FY2020Hotel completion and opening postponedAnnual report

    「To diversify its sales channels, the group owns a hotel completed in June 2020, but has postponed its planned opening, originally scheduled for July, due to the spread of COVID-19.」

    The hotel facility was completed in June 2020 and came under the group's ownership, while its opening, originally scheduled for July, was postponed due to the spread of COVID-19.
  22. FY2020-Q3AdvancedAnnual report

    「Net cash used in investing activities was ¥235 million, compared with net cash used of ¥67 million in the same quarter of the previous year. This was mainly due to the acquisition of property, plant and equipment in connection with hotel construction and other activities.」

    The company acquired property, plant and equipment in connection with hotel construction and other activities, continuing to develop the hotel business in concrete terms.
  23. FY2019AdvancedAnnual report

    「For Hotel Azil Tokyo Kamata (Ota-ku, Tokyo), the planned investment was ¥1,585 million, construction began in March 2019, completion was scheduled for May 2020, and the planned increase in capacity after completion was 48 rooms.」

    For the hotel business, the company advanced construction of the hotel facility and firmed up a plan for completion in May 2020 with 48 rooms.
  24. FY2019-Q3AdvancedAnnual report

    「This was mainly due to the acquisition of property, plant and equipment, specifically hotel construction costs.」

    The company recorded the acquisition of hotel construction costs in investing activities and is moving ahead with the development of the hotel business in concrete terms.
  25. FY2018AdvancedAnnual report

    「The changes during the current consolidated fiscal year consisted of the acquisition of income-generating properties for ¥484.689 million, the acquisition of existing hotel sites for ¥322.608 million, and depreciation expense of ¥93.399 million.」

    The company acquired land for the hotel business and disclosed land for a hotel business in Ota-ku, Tokyo, under property and equipment.
  26. FY2017First statedAnnual report

    「For new businesses, including the hotel business, we have begun taking steps such as acquiring existing hotels, and will also consider developing the business independently as a group going forward.」

    The company began pursuing the hotel business by acquiring existing hotels and is also considering independent development.
Moved together

"Diversification of development projects into detached houses, apartments and for-sale condominiums" moved the same way as this thread, in the same document, in 21 of its 28 moves.

2121171199★123456
  1. ★This thread
  2. 1Diversification of development projects into detached houses, apartments and for-sale condominiums21×
  3. 2Planned dividend of ¥18 for the next full fiscal year and ¥9 for the interim period21×
  4. 3Diversification of Business Areas, Including Renovation, Joint Ventures and Real Estate Securitization17×
  5. 4Financial and Opening Risks Associated with Operating a Hotel for the First Time11×
  6. 5Expansion of revenue and profit9×
  7. 6First-Half Progress Against the Sales Plan for 630 Investment Studio Apartments9×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Urbanet Corporation yet. It last moved in the Other Disclosures of 2026-09-14: "Advanced".
News
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