Izu Shaboten Resort Co.,Ltd operates a tourism business centred on animal experiences in Izu. The company plans to open locations in Kichijoji and Namba for its 50th anniversary in 2026, while its share price is currently trading around ¥460.
Izu Shaboten Resort Co.,Ltd is a holding company centred on Izu Shaboten Park and Izu Dream Village, and operates Anitouch, an indoor interactive animal-experience facility in urban areas. Through its three-business structure, the company generates revenue primarily from animal experiences, admission fees, food and beverages, merchandise and accommodation.
The company has a stable financial base, with an equity ratio of more than 80% and relatively low borrowings. Its P/E is around 8x and its dividend yield is low, at around 4%, while the share price has remained broadly flat around ¥460 for an extended period. The shares may appear undervalued based on market indicators alone, but aggressive buying has yet to emerge.
The company has announced plans to open new locations in Kichijoji and Namba to mark its 50th anniversary, and some view the expansion of Anitouch locations as the key growth driver. However, past financial materials indicated that no new locations were opened in the previous fiscal year, leaving uncertainty over the reliability of this growth driver.
The company’s extensive sites and large number of animals at its facilities are cited as factors supporting earnings stability. Anitouch is positioned as a revenue source less susceptible to weather and tourism trends. At the same time, risks remain in the assumptions underlying growth, including dependence on regional tourism demand, the success of store locations and the ability to secure staff.