Komori
Sun Frontier Fudousan (8934) · TargetAdvanced

Hotel revenue of ¥14 billion and 5,000 rooms under operation for the fiscal year ended March 2023

First written in FY2018. 12 of 18 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.

18entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q3 – FY2020AdvancedFY2021 – FY2023-Q1SoftenedFY20232018: 120182019: 420192020: 420202021: 320212022: 220222023: 120232024: 020242025: 120252026: 22026
Same theme, other companies
Expansion of Operated Hotel Properties and Major RenovationsA theme 33 companies write about · 0 as a headwind · 42 as a tailwind

19 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「We continue to strengthen the business steadily toward our target of 10,000 operating rooms in 2033.」

    As of the filing date, the operating portfolio consisted of 38 properties with 4,217 rooms. Toward the target of 10,000 rooms by 2033, the Company opened 3 hotels and acquired 2 hotels through M&A.
  2. 2026-05-11AdvancedEarnings

    「We continue to strengthen the business steadily toward our target of 10,000 operating rooms in 2033.」

    The target of 10,000 operating rooms in 2033 was reiterated; at fiscal year-end, the Group operated 34 hotels with 3,690 rooms.
  3. FY2026-H1RaisedAnnual report

    「The Company is steadily expanding its business toward a target of 10,000 operating rooms by 2033.」

    While the previous target of 5,000 operating rooms at the end of the fiscal year ending March 2023 was not restated, the Company presented a new long-term target of 10,000 operating rooms by 2033.
  4. FY2023SoftenedAnnual report

    「We will reinvest the funds recovered from the hotel disposals in expanding the business through hotel development, including M&A, primarily under the Tabino Hotel brand and through condominium hotels sold to individual owners.」

    The previous individual target of 5,000 operating rooms for the fiscal year ending March 2023 was not restated. Following the sale of hotels, the Company indicated a policy of expanding through reinvestment in its brands, condominium hotels for sale and M&A.
  5. FY2023-Q2Decline in the number of rooms operated following hotel salesAnnual report

    「② In the hotel operations business, the Company opened "Shijo Kawaramachi Onsen Sora Niwa Terrace Kyoto" and "Shijo Kawaramachi Onsen Bettei Kamogawa" in June, and operated a total of 22 hotels with 2,612 rooms as of 10 November. Of the 3 hotels whose sale was announced at the end of August, handover of 2 hotels took place at the end of October.」

    The number of operating hotels reached 22 following the opening of 2 hotels in Kyoto, but operating rooms decreased from 2,993 in the previous quarter to 2,612 because 2 of the 3 hotels being sold had been handed over.
  6. FY2023-Q1AdvancedAnnual report

    「② In the hotel operations business, we opened Shijo Kawaramachi Onsen Sora Niwa Terrace Kyoto and Shijo Kawaramachi Onsen Bettei Kamogawa in June of the fiscal year, bringing the total to 22 hotels with 2,993 rooms.」

    Toward the medium-term target of 5,000 operating rooms at the end of the fiscal year ending March 2023, the Company opened 2 hotels in Kyoto, expanding its operating portfolio to 22 hotels with 2,993 rooms.
  7. FY2022-Q2AdvancedAnnual report

    「② In the hotel operations business, we opened Tabino Hotel lit Matsumoto in July of the fiscal year and operate a total of 20 hotels with 2,859 rooms.」

    Toward the target of 5,000 operating rooms at the end of the fiscal year ending March 2023, the operating portfolio expanded to 20 hotels with 2,859 rooms following the opening in Matsumoto.
  8. FY2022-Q1AdvancedAnnual report

    「In June of the fiscal year, we opened HIYORI Chapter Kyoto, Tribute Portfolio Hotel, and Tabino Hotel lit Miyakojima, bringing the total to 19 hotels with 2,683 rooms.」

    Toward the medium-term target of 5,000 operating rooms, the operating portfolio reached 19 hotels with 2,683 rooms following openings in Kyoto and Miyakojima.
  9. FY2021AdvancedAnnual report

    「Sales of "HIYORI Ocean Resort Okinawa," a 203-unit condominium hotel for sale developed in Onna Village, Okinawa Prefecture and completed in December 2020, progressed smoothly, with handover completed for a total of 159 units.」

    In addition to expanding its hotel operating rooms, the Company completed its condominium hotel for sale in Okinawa in December 2020 and completed handover of 159 of its 203 units.
  10. FY2021-Q2Sales progress and suspension of new development projects coexistAnnual report

    「③ In the hotel development business, development of the Company's first condominium hotel for sale, "HIYORI Ocean Resort Okinawa" with 203 units, in Onna Village, Okinawa Prefecture, is progressing smoothly. A total of 135 units from the first through fifth sales phases were fully sold through registration, and sales of the sixth phase, comprising 5 units, began in November. Meanwhile, in light of the uncertain outlook for the tourism business due to the COVID-19 pandemic, the Company has suspended work on new projects other than hotels currently under construction.」

    At the 203-unit condominium hotel for sale in Okinawa, 135 units from the first through fifth phases were fully sold through registration, and sales of the sixth phase, comprising 5 units, began. Meanwhile, the Company has suspended work on new projects other than hotels currently under construction.
  11. FY2021-Q1SoftenedAnnual report

    「In light of the difficult outlook for the tourism business due to the COVID-19 pandemic, the Company has suspended efforts on new hotel development projects.」

    Although no change to the target of 5,000 operating rooms at the end of the fiscal year ending March 2023 was stated, the Company has suspended new hotel development projects, one of the means of achieving that target.
  12. FY2020AdvancedAnnual report

    「Tabino Hotel Kurashiki Mizushima, with 155 rooms, opened in February 2020. As of the end of March, the Company operated 16 hotels with 2,108 rooms in Japan. Tabino Hotel Kashima, with 194 rooms, opened in April 2020, bringing the total to 17 hotels with 2,302 rooms.」

    Toward the medium-term target of 5,000 operating rooms, the number of domestic hotels operated increased to 16, with 2,108 rooms, and reached 17 hotels with 2,302 rooms by the filing date following the opening of the Kashima hotel.
  13. FY2020-Q3AdvancedAnnual report

    「① In the hotel operations business, Courtyard by Marriott Osaka Hommachi, with 193 rooms, opened in October 2019, and HIYORI HOTEL TOKYO GINZA EAST, with 135 rooms, opened in December of the same year. As of December, the Company operated 14 hotels with 1,953 rooms in Japan. Tabino Hotel Kurashiki Mizushima, with 155 rooms, was scheduled to open in February 2020, bringing the total to 15 hotels and 2,108 rooms.」

    Toward the target of 5,000 operating rooms at the end of the fiscal year ending March 2023, the operating portfolio expanded from 12 hotels with 1,625 rooms to 14 hotels with 1,953 rooms. The Company also announced plans to reach 15 hotels with 2,108 rooms in February 2020.
  14. FY2020-Q2AdvancedAnnual report

    「① In the hotel operations business, as of September we operated 12 hotels with 1,625 rooms in Japan. Courtyard by Marriott Osaka Hommachi (193 rooms) opened on 1 October, bringing the total as of October to 13 hotels with 1,818 rooms. Going forward, we seek to increase the number of hotels we operate through a range of methods, including developing, owning and operating hotels ourselves, entering into long-term leases for hotels developed and owned by external owners, and M&A.」

    Toward the target of 5,000 operating rooms at the end of the fiscal year ending March 2023, the operating portfolio grew from 12 hotels with 1,625 rooms to 13 hotels with 1,818 rooms following the opening of Osaka Hommachi on 1 October. The Company continued expanding through multiple operating formats and M&A.
  15. FY2020-Q1AdvancedAnnual report

    「① In the hotel operations business, we operate 12 hotels with 1,625 rooms in Japan. Going forward, we seek to increase the number of hotels we operate through a range of methods, including developing, owning and operating hotels ourselves, entering into long-term leases for hotels developed and owned by external owners, and M&A.」

    Toward the target of 5,000 operating rooms at the end of the fiscal year ending March 2023, the number of domestic hotels operated increased to 12, with 1,625 rooms. The Company continued its expansion through a combination of in-house development, ownership and operation, long-term leases and M&A.
  16. FY2019AdvancedAnnual report

    「As of 31 March 2019, the Group operated 10 hotels with 1,191 rooms in Japan. Going forward, it planned to open 5 new hotels with a total of 897 rooms: Osaka Namba in May 2019, Osaka Hommachi in October, Higashi-Ginza in December, Kurashiki Mizushima in February 2020 and Kashima in March 2020.」

    Toward the target of 5,000 operating rooms at the end of the fiscal year ending March 2023, the Company expanded its operating portfolio to 10 hotels with 1,191 rooms and specified plans to open 5 hotels with 897 rooms in 2019 and 2020.
  17. FY2019-Q3AdvancedAnnual report

    「As of 31 December 2018, the Group operated 10 hotels with 1,191 rooms in Japan. In 2019, it planned to open new hotels in Osaka Namba, Osaka Hommachi and Higashi-Ginza. In addition, construction began on 30 November 2018 for the Group's first condominium hotel for sale, "HIYORI Ocean Resort Okinawa," in Onna Village, Okinawa Prefecture, and registration for the first phase was scheduled to begin on 16 February 2019. The Group is also working to expand the number of operating hotels through various methods, including M&A, developing, owning and operating hotels itself, and taking long-term leases on hotels developed and owned by external owners.」

    Toward the target of 5,000 operating rooms, the number of domestic hotels operated reached 10, with 1,191 rooms. The Company continued expanding through multiple methods, including 3 planned openings in 2019, a new hotel project in Okinawa, M&A, in-house development and long-term leases.
  18. FY2018First statedAnnual report

    「● Hotel Operations Business: revenue of ¥14 billion and 5,000 operating rooms for the fiscal year ending March 2023. Hotel: The Company aims to have 5,000 operating rooms at the end of the fiscal year ending March 2023, pursuing this through various methods, including development, leasing, revitalization and M&A.」

    For the hotel operations business, the Company set targets of ¥14 billion in revenue for the fiscal year ending March 2023 and 5,000 operating rooms at fiscal year-end, identifying development, leasing, revitalization and M&A as the means of achieving them.
Moved together

"Development of an Urban Hotel Business for Inbound Visitors" moved the same way as this thread, in the same document, in 13 of its 18 moves.

13121110109★123456
  1. ★This thread
  2. 1Development of an Urban Hotel Business for Inbound Visitors13×
  3. 2Addressing the shortage of accommodation through the hotel business and contributing to Japan as a tourism-oriented nation12×
  4. 3Real Estate Revitalization Model Focused on Small- and Medium-Sized Office Buildings in Central Tokyo11×
  5. 4Utilization of Urban Infrastructure Stock Through the Space Rental Business10×
  6. 5Growth in Sales and Profit and Expansion of the Earnings Base10×
  7. 6Shift from a flow-based revenue model to a combined flow-and-stock model9×

★ 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 Sun Frontier Fudousan yet. It last moved in the Earnings of 2026-05-11: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Hotel revenue of ¥14 billion and 5,000 rooms under operation for the fiscal year ended March 2023 | Sun Frontier Fudousan Co.,Ltd. (8934) | Komori