Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
3260
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending August 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales61,116 million yen+81.1%
Operating profit8,065 million yen+67.8%
Ordinary income7,435 million yen+79.0%
Net income4,951 million yen+101.8%
Selling, general and administrative expensesPersonnel-related expenses increased by ¥1,117 million, outsourcing expenses by ¥458 million, travel and transportation expenses by ¥243 million, and other SG&A expenses by ¥2,104 million. The SG&A-to-revenue ratio is Not disclosed
Full-year earnings forecast
Net Sales
150,000 million yen
Operating profit
26,500 million yen
Ordinary income
24,000 million yen
Profit attributable to owners of the parent
16,500 million yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales40.7%
Operating profit30.4%
Ordinary income31.0%
Profit attributable to owners of the parent30.0%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in gross profit7,182
Increase in Personnel-Related Expenses-1,117
Increase in outsourcing expenses-458
Increase in Travel and Transportation Expenses-243
Increase in other SG&A expenses-2,104
New initiatives
- Launch of the new HOTEL FORK & KNIFE brand in Hiroshima and Miyajimaguchi
- Promotion of the first frozen automated warehouse project in Malaysia
- Expansion of the COLD X NETWORK frozen storage service
- Planned development of the Factory & Logistics Park integrated factory and warehouse facility
- Promotion of business circulation through the listing of Kasumigaseki Hotel REIT, Inc.
Key KPIsA metric the company considers important as a management benchmark.
- Combined business scale of AUM and pipeline¥8,062 100 million
- Number of AUM and pipeline projects129 Engagements
- Hotel RevPAR18,471 yenYear on year against the same period last year+9.5%
- Hotel ADR26,431 yenYear on year against the same period last year+3.3%
- Hotel occupancy rate69.9 %Year on year against the same period last year+3.9pt
Unit price and quantity metricsThese figures show sales broken down by price and volume.
ADR, occupancy rate, and RevPAR are provided for the hotels. Average ADR for properties held by the REIT was ¥26,431, occupancy was 69.9%, and RevPAR was ¥18,471Medium-term management plan targets
AUM target¥100 billion scale, ¥200 billion scale, ¥300 billion scale, ¥500 billion scale, and ¥700 billion scale
Actual resultsCombined business scale of AUM and pipeline: ¥806.2 billion
Market Size / Share
Share of hotel rooms in JapanFHG HOTELS 0.1%, APA Hotels 6.5%, Toyoko Inn 4.1%, Route Inn 3.4%
Annual Dividend
Annual dividend per share165 yen
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending August 2026 |
| Net Sales | 61,116 million yen (YoY +81.1%) |
| Operating profit | 8,065 million yen (YoY +67.8%) |
| Ordinary income | 7,435 million yen (YoY +79.0%) |
| Net income | 4,951 million yen (YoY +101.8%) |
| Selling, general and administrative expenses | Personnel-related expenses increased by ¥1,117 million, outsourcing expenses by ¥458 million, travel and transportation expenses by ¥243 million, and other SG&A expenses by ¥2,104 million. The SG&A-to-revenue ratio is Not disclosed |
| Full-year earnings forecast | Net Sales 150,000 million yen / Operating profit 26,500 million yen / Ordinary income 24,000 million yen / Profit attributable to owners of the parent 16,500 million yen |
| Progress against full-year forecast | Net Sales 40.7% / Operating profit 30.4% / Ordinary income 31.0% / Profit attributable to owners of the parent 30.0% |
| Breakdown of Factors Affecting the Change | Increase in gross profit 7,182 / Increase in Personnel-Related Expenses -1,117 / Increase in outsourcing expenses -458 / Increase in Travel and Transportation Expenses -243 / Increase in other SG&A expenses -2,104 |
| Key KPIs | Indicator name Combined business scale of AUM and pipeline / Value ¥8,062 100 million / Year on year against the same period last year Not disclosed, Indicator name Number of AUM and pipeline projects / Value 129 Engagements / Year on year against the same period last year Not disclosed, Indicator name Hotel RevPAR / Value 18,471 yen / Year on year against the same period last year 9.5 yen, Indicator name Hotel ADR / Value 26,431 yen / Year on year against the same period last year 3.3 yen, Indicator name Hotel occupancy rate / Value 69.9 % / Year on year against the same period last year +3.9pt |
| Unit price and quantity metrics | ADR, occupancy rate, and RevPAR are provided for the hotels. Average ADR for properties held by the REIT was ¥26,431, occupancy was 69.9%, and RevPAR was ¥18,471 |
| Medium-term management plan targets | AUM target ¥100 billion scale, ¥200 billion scale, ¥300 billion scale, ¥500 billion scale, and ¥700 billion scale / Actual results Combined business scale of AUM and pipeline: ¥806.2 billion |
| Annual Dividend | Annual dividend per share 165 yen / Interim and Year-End Breakdown Not disclosed |
| Market Size / Share | Share of hotel rooms in Japan FHG HOTELS 0.1%, APA Hotels 6.5%, Toyoko Inn 4.1%, Route Inn 3.4% |
| New initiatives | Launch of the new HOTEL FORK & KNIFE brand in Hiroshima and Miyajimaguchi, Promotion of the first frozen automated warehouse project in Malaysia, Expansion of the COLD X NETWORK frozen storage service, Planned development of the Factory & Logistics Park integrated factory and warehouse facility, Promotion of business circulation through the listing of Kasumigaseki Hotel REIT, Inc. |
Items this document does not state (15)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterSelf-assessment against the planSegment resultsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The main factor was a ¥7,182 million year-on-year increase in gross profit. Although personnel-related expenses, outsourcing expenses, travel and transportation expenses, and other SG&A expenses increased as the business expanded and overseas operations progressed, operating profit increased.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.