Sustainable Growth of Core Businesses and Improved Profitability through Investment
First written in FY2016. 9 of 18 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The Royal Hotel,Limited moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
25 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥767 million, primarily to improve the earnings level of the group as a whole. Major investments included ¥157 million for guest-room renovations and ¥138 million for exterior-wall renovations at Shiba Park Hotel, ¥46 million for the introduction of an accommodation system at the company and 1 other company, and ¥38 million for replacement of guest-room bathroom fixtures at RIHGA Royal Hotel Hiroshima.」
Capital investment increased slightly from ¥765 million in the previous fiscal year to ¥767 million. The company carried out specific investments including guest-room and exterior-wall renovations at Shiba Park Hotel and the introduction of an accommodation system. - FY2025AdvancedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥765 million, primarily to improve the earnings level of the group as a whole. Major investments included ¥202 million for computer leasing at Royal Hotel Co., Ltd. and 3 other companies, ¥77 million for guest-room renovations at Shiba Park Hotel, and ¥40 million for guest-room bathroom renovations at RIHGA Royal Hotel Hiroshima.」
Capital investment increased from ¥444 million in the previous fiscal year to ¥765 million. The company disclosed specific investments in computer leasing, guest-room renovations at Shiba Park Hotel and guest-room bathroom renovations at the Hiroshima hotel. - FY2024SoftenedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥444 million, primarily to improve the earnings level of the group as a whole.」
Capital investment continued but declined from ¥667 million in the previous consolidated fiscal year to ¥444 million. - FY2023SoftenedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥667 million, primarily to improve the earnings level of the group as a whole.」
Capital investment continued but declined from ¥1,064 million in the previous consolidated fiscal year to ¥667 million. The Osaka hotel’s asset transfer was also completed. - FY2022AdvancedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥1,064 million, primarily to improve the earnings level of the group as a whole. Major investments included ¥242 million for the renovation of Tower Wing guest rooms and ¥126 million for the renovation of the health club at RIHGA Royal Hotel Osaka, ¥120 million for the introduction of the new RIHGA Members membership-service system, and ¥62 million for renovations to the dimming equipment in the Royal Hall at RIHGA Royal Hotel Hiroshima.」
The company made ¥1,064 million of capital investment and disclosed specific investments in guest-room renovations, health-club renovations and the introduction of a membership-service system. - FY2022-Q3ReframedAnnual report
「We made carefully selected capital investments that would help improve customer satisfaction, focusing primarily on higher-priced guest rooms.」
The company shifted from describing broad expansion of capital investment to selectively investing, amid the COVID-19 pandemic, in higher-priced guest rooms and other areas that would improve customer satisfaction. - FY2022-Q2SoftenedAnnual report
「This was mainly due to a ¥715 million decrease in expenditure for the acquisition of property, plant and equipment, among other factors.」
Cash used in investing activities declined year on year, while expenditure for the acquisition of property, plant and equipment also decreased by ¥715 million, indicating that the pace of capital investment remained subdued. - FY2021SoftenedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥875 million, primarily to improve the earnings level of the group as a whole.」
Capital investment continued but declined from ¥1,985 million in the previous consolidated fiscal year to ¥875 million. The company disclosed investments including the construction of RIHGA Gran Kyoto, elevator renovations and upgrades to the guest-room card-key system. - FY2021-Q3AdvancedAnnual report
「Of the major additions to property, plant and equipment that were planned at the end of the previous consolidated fiscal year, the projects completed during the nine-month period ended 31 December of the current fiscal year were as follows.」
The company disclosed completion of the capital investment plan for guest-room interior and other equipment at RIHGA Gran Kyoto, with total investment of ¥498 million, work beginning in March 2019 and completion in July 2020. The expected increase in capacity after completion was described as an improvement in earning power. - FY2021-Q2SoftenedAnnual report
「Property, plant and equipment decreased by ¥243 million and fixed assets by ¥122 million to ¥57,849 million. This was mainly due to the decrease in property, plant and equipment accompanying lower capital investment.」
The decline in capital investment reduced property, plant and equipment, indicating that the pace of investment-led growth initiatives remained subdued. - FY2021-Q1SoftenedAnnual report
「Property, plant and equipment decreased by ¥213 million and fixed assets by ¥141 million to ¥57,830 million. This was mainly due to the decrease in property, plant and equipment accompanying lower capital investment.」
The company stated that capital investment declined amid the spread of COVID-19, temporarily weakening the implementation of investment-led growth initiatives. - FY2020AdvancedAnnual report
「Capital investment during the current consolidated fiscal year amounted to ¥1,985 million, primarily to improve the earnings level of the group as a whole.」
The company disclosed capital investment of ¥1,985 million for the fiscal year, including planned investment of ¥521 million and payments of ¥61 million for guest-room interior and other equipment at RIHGA Gran Kyoto, with completion scheduled for July 2020. - FY2020-Q3AdvancedAnnual report
「We opened a new hotel, RIHGA Gran Kyoto, in order to make planned investments with a view to the future and expand earnings.」
For the new RIHGA Gran Kyoto hotel, the company entered into a 20-year fixed-term building lease agreement and disclosed a planned opening date of 15 July 2020. The investment-led growth initiative had reached the contract stage. - FY2020-Q1AdvancedAnnual report
「At RIHGA Royal Hotel Kokura, we have been carrying out a large-scale renovation over approximately two years since June this year. In addition to all 295 guest rooms, we are renovating the main lobby on the first floor, the buffet restaurant and lobby on the second floor, and the banquet facilities on the fourth floor. Under the concept “-美- Be ROYAL — A special moment created by the beauty of nature and space,” we aim to create a landmark hotel in Kitakyushu and Kokura that connects the city and its people and remains loved by guests for many years.」
A large-scale renovation, including 295 guest rooms, began at the Kokura hotel. The company specified the approximately two-year construction period and the areas to be renovated, indicating progress in capital investment to support growth and strengthen the earnings base. - FY2018RaisedAnnual report
「Renovation of guest rooms, banquet facilities and restaurants 5,000 3,048 Equity capital and borrowings April 2016 March 2019 Improvement in the earnings level of the group as a whole」
The planned investment in renovating guest rooms, banquet facilities and restaurants was increased from ¥3,000 million to ¥5,000 million. The company disclosed ¥3,048 million already paid and completion scheduled for March 2019. - FY2018-Q3AdvancedAnnual report
「As demand for inbound accommodation is expected to continue increasing, we began construction to add 58 guest rooms in order to maximize revenue from the accommodation business. Completion was scheduled for mid-March 2018.」
To capture inbound demand, the company began construction to add 58 rooms at the Osaka hotel and disclosed the expected completion date of mid-March 2018. - FY2017AdvancedAnnual report
「Based on the three-year medium-term management plan beginning in fiscal 2016, our group, comprising the company and its consolidated subsidiaries, is making capital investments to improve the earnings level of the group as a whole.」
The company disclosed a specific investment plan for renovating guest rooms, banquet facilities and restaurants: planned investment of ¥3,000 million, work beginning in April 2016 and completion scheduled for March 2019. - FY2016First statedAnnual report
「We aim to achieve the management targets in the medium-term plan by investing actively to improve profitability.」
The company links active investment and higher profitability as means of achieving growth under the medium-term management plan.