Early Return to Profitability in the Hotel Business and Medium- to Long-Term Business Expansion
First written in FY2022-Q1. 13 of 16 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, revenue increased 7.2% year on year to ¥149,256 million, while operating profit rose 13.8% to ¥21,053 million, a substantial increase, after covering the effects of large-scale renovations to improve customer satisfaction and higher costs for food ingredients, linen and cleaning.」
The hotel business continued to increase both revenue and profit after returning to profitability and absorbed the impact of large-scale renovation work and rising costs. - FY2026-H1AdvancedAnnual report
「As a result, after absorbing the impact of temporary closures and construction costs associated with large-scale renovations to improve customer satisfaction, as well as rising costs including food materials and linen cleaning, net sales were ¥72,121 million, up 6.2% year on year, and operating income was ¥10,330 million, up 9.2%.」
The hotel business absorbed temporary closure and construction costs associated with large-scale renovations, as well as rising costs, and operating income increased 9.2% year on year. Profit growth has continued since the early return to profitability. - FY2025-H1AdvancedAnnual report
「As a result, net sales were ¥67,909 million, up 12.1% year on year, and operating income was ¥9,458 million, up 30.1% year on year.」
The hotel business continued to increase both revenue and profit after returning to profitability, with operating income up 30.1% year on year. - FY2024AdvancedAnnual report
「As a result, net sales were ¥125,570 million, up 24.3% from the previous fiscal year, and operating income was ¥14,843 million, up 169.2%, setting a record high for the hotel business and exceeding pre-COVID levels.」
The hotel business continued to progress after returning to profitability and set a record high for profit, exceeding pre-COVID levels. - FY2024-Q3AdvancedAnnual report
「In addition to the solid earnings contribution from the dormitory business, the hotel business exceeded its performance in the pre-COVID comparison period, April to December 2019, and entered a phase of renewed growth.」
The hotel business exceeded its performance in the pre-COVID comparison period and entered a renewed growth phase after its early return to profitability. - FY2024-Q1RestatedAnnual report
「As a result, net sales were ¥27,334 million, up 32.7% year on year, and operating income was ¥2,237 million, up 1,063.8% year on year.」
Hotel business operating income increased from ¥192 million in the same period of the previous year to ¥2,237 million, with profit generation continuing after the return to profitability. - FY2023AchievedAnnual report
「As a result, net sales were ¥101,053 million, up 61.0% year on year, and operating income was ¥5,513 million, compared with an operating loss of ¥9,451 million in the previous fiscal year, resulting in substantial increases in both revenue and profit and a return to profitability.」
For the full fiscal year, the hotel business turned from an operating loss to operating income of ¥5,513 million, achieving an early return to profitability. - FY2023-Q3AdvancedAnnual report
「As a result, net sales were ¥74,624 million, up 61.4% year on year, and operating income, after absorbing new hotel opening costs, was ¥5,870 million, compared with an operating loss of ¥7,296 million in the same period of the previous year, resulting in substantial increases in both revenue and profit and a return to profitability.」
The hotel business absorbed new hotel opening costs and turned from an operating loss to operating income of ¥5,870 million, marking concrete progress toward an early return to profitability. - FY2023-Q2AdvancedAnnual report
「As a result, net sales were ¥46,490 million, up 74.1% year on year, and operating income, after absorbing new hotel opening costs, was ¥2,756 million, compared with an operating loss of ¥7,601 million in the same period of the previous year, resulting in substantial increases in both revenue and profit and a return to profitability. The business environment is currently recovering and improving, with the lifting of limits on inbound visitor numbers, the resumption of entry by individual foreign tourists, and the launch of the nationwide travel assistance program. We will continue to pursue strategic openings and work to strengthen our business foundation.」
Hotel business net sales increased 74.1% and turned from an operating loss to operating income of ¥2,756 million, marking a return to profitability. The company stated that it absorbed new hotel opening costs and would pursue strategic openings and strengthen its business foundation against a backdrop of eased entry restrictions and other factors. - FY2023-Q1AdvancedAnnual report
「As a result, net sales were ¥20,599 million, up 86.4% year on year, and operating income was ¥192 million, compared with an operating loss of ¥4,908 million in the same period of the previous year, marking a return to profitability.」
Hotel business net sales increased 86.4%, and operating income turned from an operating loss in the same period of the previous year to ¥192 million. The company described concrete progress toward an early return to profitability. - FY2022-Q3AdvancedAnnual report
「The hotel business returned to profitability in the third quarter alone. ... We will continue to accelerate promotional activities for the “NEW LOCAL STAY Plan (local residents-only plan)” and the new products described above, pursue strategic openings to achieve an early recovery in performance, and work toward medium- to long-term business expansion with the post-COVID-19 period in view.」
The hotel business returned to profitability in the third quarter alone and continued its policy of targeting an early recovery in performance and medium- to long-term business expansion with the post-COVID-19 period in view, through promotions for local residents-only plans and strategic openings. - FY2022-Q2AdvancedAnnual report
「Under current conditions, occupancy rates and average room rates are both recovering as the priority preventive measures to prevent the spread of disease and the state of emergency have been fully lifted and restrictions on activities have been eased in stages. We will continue to accelerate promotional activities for the “NEW LOCAL STAY Plan (local residents-only plan)” and the new products described above, pursue strategic openings, and work toward an early return to profitability and medium- to long-term business expansion.」
The company continued its policy of targeting an early return to profitability and medium- to long-term expansion of the hotel business through promotions for plans targeting domestic travelers and new products, as well as strategic openings, as occupancy rates and average room rates began to recover. - FY2022-Q1First statedAnnual report
「In addition to the existing plans targeting domestic travelers, including the “NEW LOCAL STAY Plan (local residents-only plan),” we will accelerate promotional activities for new products, including those described above, pursue strategic openings, and work toward an early return to profitability and medium- to long-term business expansion.」
The company first explicitly stated its goal of an early return to profitability and medium- to long-term expansion of the hotel business through promotions for plans targeting domestic travelers and new products, as well as strategic openings.