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Presentation materials for financial results4681RESORTTRUST,INC.Information and Communications, Services and Others

Presentation Materials for the Fiscal Year Ending March 2026 Results

For the fiscal year ended March 2026, revenue, operating profit, ordinary profit and net income reached record highs, driven by price revisions and strong sales of new products. For the fiscal year ending March 2027, revenue is expected to decline as the scale of newly opened properties decreases, while operating profit is projected to increase on growth in the hotel and medical businesses.

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Direction
Improvement
Direction inferred from the company’s description.
Scale
5.5
Year-on-year change in consolidated revenue (%)
Wording
Definitive
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Contents of this document

Presentation materials for financial resultsFiscal year ending March 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥263,020 million+5.5%
Operating profit¥29,161 million+10.6%
Ordinary income¥29,281 million+9.1%
Net income¥20,912 million+3.8%
Operating profit margin11.1%, up 0.6 percentage points year on year
Results for the three months of the current quarterIncludes quarterly standalone results such as hotel membership-rights contract value. Standalone three-month consolidated income statement figures: Not disclosed
Full-year earnings forecast
Fiscal year ending March 2027
Net Sales
¥255,000 million
Operating profit
¥31,000 million
Ordinary income
¥30,500 million
Net income for the current fiscal year
¥21,000 million
Adjusted revenue
¥278,000 million
Adjusted operating profit
¥36,500 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
For the fiscal year ended March 2026, results were broadly in line with the revised plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Deferred recognition and realization in the membership-rights business, profit growth in the hotel and medical businesses, opening-related expenses, operating repairs and maintenance costs, head-office expenses and other factors. Charts are provided for each factor, but the amounts for all items cannot be read from the text provided
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Hotel occupancy rate_XIV
    Fiscal year ending March 202655.8
    Fiscal year ending March 202756.5
  • Hotel occupancy rate_BCC
    Fiscal year ending March 202655.6
    Fiscal year ending March 202756.3
  • Hotel occupancy rate_SAC
    Fiscal year ending March 202665.7
    Fiscal year ending March 202768.6
  • Hotel membership-rights contract value
    Fiscal year ending March 20261,221
    Fiscal year ending March 20271,166
  • HIMEDIC contract value
    Fiscal year ending March 202694
    Fiscal year ending March 202780
New initiatives
  • Strengthening the strategic partnership with Mitsubishi Corporation in the medical business
  • Regulatory filing for BNCT equipment and development of advanced medical centers
  • Entering the home nursing business by making Nurse Attendant a subsidiary
  • Rolling out generative AI and digital transformation across the group through Well Compass
  • Launching a new HIMEDIC Care brand
  • Considering a transition to a real estate ownership model
  • Developing new hotels, including Sanctuary Court Kanazawa and Awajishima
Key KPIsA metric the company considers important as a management benchmark.
  • Annual hotel and medical membership-rights contract value1,322 Hundreds of millions of yen
    Year on year against the same period last yearApproximately 15% increase
  • Hotel membership-rights contract value1,221 Hundreds of millions of yen
    Year on year against the same period last yearApproximately 16% increase
  • Medical membership-rights contract value94 Hundreds of millions of yen
  • Senior residence occupancy rate89 %
  • Current group membership14.5 10,000 people
  • App members12 10,000 people
  • LINE users40 10,000 people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Includes occupancy rates for membership-based hotels and facility revenue / spending per guest-night. The presentation explains that both occupancy rates and unit prices increased
Segment results
  • Membership Rights
    Net Sales¥95,529 million
    Revenue_yoy_pct2
    Operating profit¥25,548 million
    Operating profit_yoy_pct-6.9
  • Hotels and restaurants
    Net Sales¥110,935 million
    Revenue_yoy_pct6.7
    Operating profit¥5,635 million
    Operating profit_yoy_pct175
  • Medical
    Net Sales¥55,869 million
    Revenue_yoy_pct9.5
    Operating profit¥8,295 million
    Operating profit_yoy_pct10.5
  • Other
    Net Sales¥686 million
    Revenue_yoy_pct-3.5
    Operating profit¥722 million
    Operating profit_yoy_pct-5.7
Medium-term management plan targets
  • TargetConsolidated operating income
    Target value¥50 billion or more in fiscal 2029
  • TargetConsolidated operating profit growth rate
    Target valueCAGR of 10% or more from fiscal 2025 to fiscal 2028
  • TargetAdjusted operating profit growth rate
    Target value10% growth each fiscal year
  • TargetIncrease in hotel members
    Target value25,000 memberships over 5 years
  • TargetIncrease in medical members
    Target value15,000 memberships over 5 years
Financial targets
  • ROE
    Target valueMedium- to long-term target of 15%; 16.5% in the final year
    Actual value13.7% for the fiscal year ended March 2026; 15.4% on an adjusted profit basis
  • DOE
    Target valueFloor of 4.5%; target of 5.0%
    Actual value4.7% for the fiscal year ended March 2026
  • Total Payout Ratio
    Target valueCumulative 50% for the fiscal years ending March 2026 through March 2028
    Actual value34.5% for the fiscal year ended March 2026
Market Size / Share
1.65 million affluent households in Japan, with ¥364 trillion in net financial assets. Includes the number of affluent households and membership penetration rates by region
Capital expenditures
¥2,500 100 million range five-year hotel business investment, including the condominium business
Payout ratio
Targeting a DOE floor of 4.5%, a target of 5.0%, and a total payout ratio of 50% for fiscal 2025–2027
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥263,020 million (YoY +5.5%)
Operating profit¥29,161 million (YoY +10.6%)
Ordinary income¥29,281 million (YoY +9.1%)
Net income¥20,912 million (YoY +3.8%)
Operating profit margin11.1%, up 0.6 percentage points year on year
Results for the three months of the current quarterIncludes quarterly standalone results such as hotel membership-rights contract value. Standalone three-month consolidated income statement figures: Not disclosed
Full-year earnings forecastFiscal year ending March 2027 Net Sales ¥255,000 million / Operating profit ¥31,000 million / Ordinary income ¥30,500 million / Net income for the current fiscal year ¥21,000 million / Adjusted revenue ¥278,000 million / Adjusted operating profit ¥36,500 million
Self-assessment against the planFor the fiscal year ended March 2026, results were broadly in line with the revised plan
Segment resultsSegment Membership Rights / Net Sales ¥95,529 million / Revenue_yoy_pct 2 / Operating profit ¥25,548 million / Operating profit_yoy_pct -6.9, Segment Hotels and restaurants / Net Sales ¥110,935 million / Revenue_yoy_pct 6.7 / Operating profit ¥5,635 million / Operating profit_yoy_pct 175, Segment Medical / Net Sales ¥55,869 million / Revenue_yoy_pct 9.5 / Operating profit ¥8,295 million / Operating profit_yoy_pct 10.5, Segment Other / Net Sales ¥686 million / Revenue_yoy_pct -3.5 / Operating profit ¥722 million / Operating profit_yoy_pct -5.7
Breakdown of Factors Affecting the ChangeDeferred recognition and realization in the membership-rights business, profit growth in the hotel and medical businesses, opening-related expenses, operating repairs and maintenance costs, head-office expenses and other factors. Charts are provided for each factor, but the amounts for all items cannot be read from the text provided
Key KPIs1,322 Hundreds of millions of yen, 1,221 Hundreds of millions of yen, 94 Hundreds of millions of yen, 89 %, 14.5 10,000 people, 12 10,000 people, 40 10,000 people
Unit price and quantity metricsIncludes occupancy rates for membership-based hotels and facility revenue / spending per guest-night. The presentation explains that both occupancy rates and unit prices increased
Assumptions Underlying the Business OutlookItem Hotel occupancy rate_XIV / Fiscal year ending March 2026 55.8 % / Fiscal year ending March 2027 56.5 %, Item Hotel occupancy rate_BCC / Fiscal year ending March 2026 55.6 % / Fiscal year ending March 2027 56.3 %, Item Hotel occupancy rate_SAC / Fiscal year ending March 2026 65.7 % / Fiscal year ending March 2027 68.6 %, Item Hotel membership-rights contract value / Fiscal year ending March 2026 1,221 Hundreds of millions of yen / Fiscal year ending March 2027 1,166 Hundreds of millions of yen, Item HIMEDIC contract value / Fiscal year ending March 2026 94 Hundreds of millions of yen / Fiscal year ending March 2027 80 Hundreds of millions of yen
Medium-term management plan targetsTarget Consolidated operating income / Target value ¥50 billion or more in fiscal 2029, Target Consolidated operating profit growth rate / Target value CAGR of 10% or more from fiscal 2025 to fiscal 2028, Target Adjusted operating profit growth rate / Target value 10% growth each fiscal year, Target Increase in hotel members / Target value 25,000 memberships over 5 years, Target Increase in medical members / Target value 15,000 memberships over 5 years
Financial targetsIndicator ROE / Target value Medium- to long-term target of 15%; 16.5% in the final year / Actual value 13.7% for the fiscal year ended March 2026; 15.4% on an adjusted profit basis, Indicator DOE / Target value Floor of 4.5%; target of 5.0% / Actual value 4.7% for the fiscal year ended March 2026, Indicator Total Payout Ratio / Target value Cumulative 50% for the fiscal years ending March 2026 through March 2028 / Actual value 34.5% for the fiscal year ended March 2026
Payout ratioTargeting a DOE floor of 4.5%, a target of 5.0%, and a total payout ratio of 50% for fiscal 2025–2027
Capital expenditures¥2,500 100 million range (five-year hotel business investment, including the condominium business)
Market Size / Share1.65 million affluent households in Japan, with ¥364 trillion in net financial assets. Includes the number of affluent households and membership penetration rates by region
New initiativesStrengthening the strategic partnership with Mitsubishi Corporation in the medical business, Regulatory filing for BNCT equipment and development of advanced medical centers, Entering the home nursing business by making Nurse Attendant a subsidiary, Rolling out generative AI and digital transformation across the group through Well Compass, Launching a new HIMEDIC Care brand, Considering a transition to a real estate ownership model, Developing new hotels, including Sanctuary Court Kanazawa and Awajishima
Items this document does not state (10)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendAcquisition of treasury sharesOrders 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.

For the fiscal year ended March 2026, results benefited from the effects of various price revisions, growth in membership-rights sales, particularly for properties not yet opened, and higher hotel occupancy rates. For the fiscal year ending March 2027, the plan is to offset the decline in realized profit from new openings through profit growth in the hotel and medical businesses and lower expenses that were partially brought forward into the previous fiscal year.

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Presentation Materials for the Fiscal Year Ending March 2026 Results | RESORTTRUST,INC. (4681) timely disclosure | Komori