Expansion into hotel operations and rent guarantee services
First written in FY2016-Q2. 20 of 31 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026-H1.
19 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「We worked to improve room occupancy rates and average room rates at all 10 hotels, including Tosei Hotel Cocone Kamata in Ota-ku, Tokyo, which opened in December 2025, and Tosei Hotel Cocone Chiba Chuo in Chiba, Chiba, which opened in February 2026.」
The company newly opened 2 properties in Kamata and Chiba-Chuo, expanding the number of group-operated hotels from 8 to 10. - FY2024-Q1RestatedAnnual report
「The company worked to improve occupancy and room rates at all 8 properties, including Tosei Hotel Cocone Tsukiji Ginza Premier in Chuo-ku, Tokyo, which opened in September 2023.」
The company continues to operate 8 hotels and implement measures to improve occupancy and room rates. - FY2023-Q3AdvancedAnnual report
「In the hotel business, Tosei Hotel COCONE Tsukiji Ginza Premier, the first hotel in the COCONE series to carry the Premier name, opened in September, bringing the total number of hotels operated by our group to 8.」
New hotel openings continued, bringing the number of hotels operated by the group to 8. - FY2023-Q2AdvancedAnnual report
「As a result, room rates and occupancy improved to nearly pre-pandemic levels, and both revenue and segment profit exceeded the year-earlier period. Accordingly, hotel business revenue was ¥1,821 million, up 121.7% year on year, and segment profit was ¥475 million, compared with a segment loss of ¥259 million in the same quarter of the previous year.」
Against a backdrop of domestic travel support and the easing of entry restrictions and border measures, room rates and occupancy improved to pre-pandemic levels, and the hotel business swung from a ¥259 million loss to a ¥475 million profit. - FY2023-Q1AdvancedAnnual report
「During the first quarter consolidated cumulative period, room occupancy rates and room rates improved as social and economic activity normalized through adaptation to living with COVID-19, and both revenue and segment profit and loss exceeded the levels of the previous year. Segment profit and loss had remained negative since the spread of COVID-19, but the segment returned to profitability.」
Improved room occupancy rates and room rates resulted in hotel-business revenue of ¥783 million and segment profit of ¥142 million, returning the segment to profitability from a loss of ¥188 million in the same period of the previous year. - FY2022AdvancedAnnual report
「Although the impact of COVID-19 continued during the consolidated fiscal year, we worked to improve occupancy rates at existing hotels, and both revenue and segment profit and loss exceeded the levels of the previous year.」
Hotel-business revenue was ¥1,927 million, up 247.0% year on year, and the segment recorded a loss of ¥315 million, narrowing from a loss of ¥838 million in the previous year. - FY2022-Q3AdvancedAnnual report
「Although the impact of COVID-19 continued during the third quarter consolidated cumulative period, we worked to improve occupancy rates at existing hotels, and both revenue and segment profit and loss exceeded the levels of the same period of the previous year. As a result, hotel-business revenue was ¥1,338 million, up 325.1% year on year, and the segment recorded a loss of ¥316 million, compared with a loss of ¥622 million in the same period of the previous year.」
Efforts to improve occupancy rates at existing hotels resulted in a substantial increase in hotel-business revenue, while the segment loss narrowed from ¥622 million to ¥316 million. - FY2022-Q2AdvancedAnnual report
「Although the impact of COVID-19 continued during the second quarter consolidated cumulative period, we worked to improve occupancy rates at existing hotels, and both revenue and segment profit and loss exceeded the levels of the same period of the previous year. As a result, hotel-business revenue was ¥821 million, up 408.9% year on year, and the segment recorded a loss of ¥259 million, compared with a loss of ¥408 million in the same period of the previous year.」
Despite the continuing impact of the infection, the hotel business worked to improve occupancy rates at existing hotels, with revenue up 408.9% year on year and the segment loss narrowing from ¥408 million to ¥259 million. - FY2022-Q1AdvancedAnnual report
「Although the impact of COVID-19 continued during the first quarter consolidated cumulative period, we worked to improve occupancy rates at existing hotels, and both revenue and segment profit and loss exceeded the levels of the same period of the previous year. As a result, revenue was ¥356 million, up 331.6% year on year, and the segment recorded a loss of ¥188 million, compared with a loss of ¥218 million in the same period of the previous year.」
Despite the continuing impact of the infection, efforts to improve occupancy rates at existing hotels resulted in higher year-on-year revenue for the hotel business, while the segment loss narrowed from ¥218 million to ¥188 million. - FY2021-Q3AdvancedAnnual report
「During the third quarter consolidated cumulative period, トーセイホテルココネ浅草 opened in July 2021.」
The hotel business opened トーセイホテルココネ浅草, adding another hotel operating base. - FY2021-Q2Lower revenue and reduced lossesAnnual report
「During the second quarter consolidated cumulative period, we worked to improve occupancy rates, but difficult conditions continued, including the closure of some hotels amid the resurgence of COVID-19 infections. As a result, hotel-business revenue was ¥161 million, down 40.0% year on year, and the segment recorded a loss of ¥408 million, compared with a loss of ¥458 million in the same period of the previous year.」
Revenue continued to decline because some hotels were closed amid the resurgence of infections, while the segment loss narrowed from ¥458 million in the same period of the previous year to ¥408 million. - FY2021-Q14 hotel closures and a widening lossAnnual report
「Following the declaration, we have temporarily closed 4 of the 5 hotels operated by the company, but」
Following the declaration of a state of emergency, 4 of the company's 5 hotels were temporarily closed. Hotel-business revenue was ¥82 million and the segment recorded a loss of ¥218 million, widening from a loss of ¥166 million in the same period of the previous year. - FY2020AdvancedAnnual report
「During the consolidated fiscal year, we opened トーセイホテルココネ浅草蔵前 and トーセイホテルココネ上野御徒町.」
The hotel business progressed beyond the establishment of the hotel company and operation of 2 existing properties, with 2 new properties, 浅草蔵前 and 上野御徒町, opening. Meanwhile, hotel-business revenue was ¥437 million and the segment recorded a loss of ¥673 million. - FY2020-Q3Hotel-business revenue declined and the loss widenedAnnual report
「During the third quarter consolidated cumulative period, revenue and segment profit were both substantially below expectations because the existing トーセイホテルココネ神田 and トーセイホテルココネ上野 hotels were closed in response to restrictions on economic activity and requests for temporary closures resulting from the global spread of COVID-19. As a result, hotel-business revenue was ¥324 million, down 61.1% year on year, and the segment recorded a loss of ¥733 million, compared with profit of ¥122 million in the same period of the previous year.」
The closure of 2 existing hotels resulted in a 61.1% year-on-year decline in hotel-business revenue, with the segment deteriorating from profit of ¥122 million in the same period of the previous year to a loss of ¥733 million. - FY2020-Q2Revenue declined and the business swung to a loss due to hotel closuresAnnual report
「During the second quarter consolidated cumulative period, revenue and segment profit were both substantially below expectations because the existing トーセイホテルココネ神田 and トーセイホテルココネ上野 hotels were closed in response to restrictions on economic activity and requests for temporary closures resulting from the global spread of COVID-19. As a result, hotel-business revenue was ¥269 million, down 54.4% year on year, and the segment recorded a loss of ¥458 million, compared with profit of ¥131 million in the same period of the previous year.」
The 2 existing hotels were closed, and the hotel business saw revenue decline 54.4% year on year, swinging from profit of ¥131 million to a loss of ¥458 million. - FY2020-Q1Revenue declined and the business swung to a lossAnnual report
「During the first quarter consolidated cumulative period, we worked to improve the average room rate and occupancy rate at トーセイホテルココネ神田 and トーセイホテルココネ上野. Meanwhile, costs were incurred in connection with the planned openings of トーセイホテルココネ浅草蔵前, トーセイホテルココネ上野御徒町 and トーセイホテル＆セミナー幕張. As a result, revenue was ¥213 million, down 15.4% year on year, and the segment recorded a loss of ¥166 million, compared with segment profit of ¥48 million in the same period of the previous year.」
While working to improve room rates and occupancy at 2 existing hotels, costs related to the opening of 3 hotels were incurred, resulting in a 15.4% year-on-year decline in revenue and a swing from segment profit to a loss of ¥166 million. - FY2019-Q3Revenue doubled, while profit declinedAnnual report
「During the third quarter consolidated cumulative period, in addition to working to improve the average room rate and occupancy rate at トーセイホテルココネ神田, which opened in December 2017, トーセイホテルココネ上野, which newly opened in December 2018, contributed to revenue. As a result, revenue was ¥832 million, up 104.7% year on year, while segment profit was ¥122 million, down 6.2% year on year.」
Revenue increased 104.7% year on year through improved room rates and occupancy at the Kanda hotel and revenue contributions from the Ueno hotel, while segment profit declined 6.2% year on year. - FY2019-Q2AdvancedAnnual report
「During the second quarter consolidated cumulative period, in addition to working to improve the average room rate and occupancy rate at トーセイホテルココネ神田, which opened in December 2017, トーセイホテルココネ上野, which newly opened in December 2018, contributed to revenue. As a result, revenue was ¥589 million, up 125.1% year on year, and segment profit was ¥131 million, up 32.0% year on year.」
Measures to improve the room rate and occupancy rate at the Kanda hotel and revenue contributions from the Ueno hotel continued, with the increase in hotel-business revenue and segment profit shown in the figures. - FY2019-Q1AdvancedAnnual report
「During the first quarter consolidated cumulative period, in addition to working to improve the average room rate and occupancy rate at トーセイホテルココネ神田, which opened in December 2017, トーセイホテルココネ上野, which newly opened in December 2018, contributed to revenue.」
In addition to measures to improve the room rate and occupancy rate at the Kanda hotel, トーセイホテルココネ上野, which opened in December 2018, contributed to revenue, indicating that the hotel business has progressed to the operating and monetization stage. - FY2018AdvancedAnnual report
「December 2018: トーセイホテルココネ上野 opens」
Following the opening of the Kanda hotel, トーセイホテルココネ上野 opened, indicating continued expansion of hotel operations. Although its opening date was after the fiscal year-end, it is included in the history section of the securities report. - FY2018-Q3AdvancedAnnual report
「Regarding changes among major affiliated companies, 株式会社増田建材店 and 三起商事株式会社 were acquired through M&A, while トーセイホテル上野株式会社 and トーセイ・ホテル・サービス株式会社 were established and included in the scope of consolidation.」
In the hotel business, the establishment of トーセイホテル上野 and トーセイ・ホテル・サービス added operating companies. - FY2018-Q2AdvancedAnnual report
「During the second quarter consolidated cumulative period, we acquired 1 condominium development site, 1 hotel development site, 1 logistics-facility development site and detached-home development sites for 35 homes.」
In addition to acquiring 1 hotel development site, we established トーセイホテル上野株式会社, indicating continued expansion of the hotel business. - FY2017AdvancedAnnual report
「December 2017: トーセイホテルココネ神田 opens」
The business progressed from the establishment of the hotel company and acquisition of development sites to the opening of トーセイホテルココネ神田. - FY2017-Q3AdvancedAnnual report
「We acquired 株式会社ＫＳプロパティーズ through M&A and established トーセイホテル神田株式会社, which we included in the scope of consolidation. During the third quarter consolidated cumulative period, we acquired 1 hotel development site, 1 condominium development site, 1 rental-apartment development site and detached-home development sites for 24 homes.」
トーセイホテル神田株式会社 was newly established and included in the scope of consolidation, and 1 hotel development site was also acquired, indicating progress in hotel operations and development through company establishment and development-site acquisition. - FY2017-Q2RestatedAnnual report
「During the second quarter consolidated cumulative period, we acquired 1 hotel development site, 1 condominium development site and detached-home development sites for 18 homes.」
The acquisition of 1 hotel development site is reported, as it was in the previous quarter, indicating that the hotel business remains at the stage of acquiring development sites. - FY2017-Q1AdvancedAnnual report
「During the first quarter consolidated cumulative period, we acquired 1 hotel development site, 1 condominium development site and detached-home development sites for 11 homes.」
The acquisition of 1 hotel development site indicates that the hotel business has progressed from the company-establishment stage to the specific acquisition of development sites. - FY2016RestatedAnnual report
「We established トーセイ・ホテル・マネジメント株式会社 and トーセイ賃貸保証合同会社 and included them in the scope of consolidation.」
The establishment of companies in connection with expansion into hotel operations and rent guarantee services is also confirmed in the annual information on affiliated companies. - FY2016-Q3RestatedAnnual report
「We established トーセイ・ホテル・マネジメント株式会社 and トーセイ賃貸保証合同会社 and included them in the scope of consolidation.」
The establishment of companies in connection with expansion into hotel operations and rent guarantee services is reported again. - FY2016-Q2First statedAnnual report
「We established トーセイ・ホテル・マネジメント株式会社 and トーセイ賃貸保証合同会社 and included them in the scope of consolidation.」
The establishment of these companies is described in connection with expansion into peripheral business areas set out in the medium-term plan.