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Management planning9723THE KYOTO HOTEL,LTD.Information and Communications, Services and Others

Notice Regarding Partial Revision of the Third Medium-Term Management Plan

The renovation of guest rooms at Hotel Okura Kyoto will be postponed for the time being due to instability in the procurement of materials. The numerical targets in the medium-term management plan, including revenue targets, which were based on taking some guest rooms out of inventory during the renovation, have also been withdrawn for now and will be reconsidered when the plan resumes.

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Items stated in the management plan

Partially revised
Third Medium-Term Management Plan
Publication date 12 May 2026
Key initiatives
01Postponement of investment in guest room renovations
Plan assumptionsBased on the assumption that some guest rooms would be taken out of inventory during the renovation
Risks identified by the company
The extremely unstable procurement environment for materials due to the impact of the recent situation in the Middle East and other factors
Reason for revision or withdrawal

The procurement environment for materials has become extremely unstable due to the impact of the recent situation in the Middle East and other factors. In addition, the numerical targets were calculated on the assumption that some guest rooms would be taken out of inventory during the renovation.

Items stated in the management plan
ItemDetails
Plan nameThird Medium-Term Management Plan
Progress against the planPartially revised
Plan assumptionsBased on the assumption that some guest rooms would be taken out of inventory during the renovation
Key initiativesPostponement of investment in guest room renovations
Reason for revision or withdrawalThe procurement environment for materials has become extremely unstable due to the impact of the recent situation in the Middle East and other factors. In addition, the numerical targets were calculated on the assumption that some guest rooms would be taken out of inventory during the renovation.
Risks identifiedThe extremely unstable procurement environment for materials due to the impact of the recent situation in the Middle East and other factors
Publication date12 May 2026
Items this document does not state (18)
Plan periodSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planSize of the Target MarketDate of board resolution

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The procurement environment for materials has become extremely unstable due to the impact of the recent situation in the Middle East and other factors. As the numerical targets were calculated on the assumption that some guest rooms would be taken out of inventory during the renovation, they will be withdrawn for now in line with the postponement of the investment.

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Notice Regarding Partial Revision of the Third Medium-Term Management Plan | THE KYOTO HOTEL,LTD. (9723) timely disclosure | Komori