#PolarisHoldings

Our shares are designated as monitoring stocks (under review) effective April 1, 2026 due to non-compliance with the circulating shares ratio standard. Following a transfer of shares by a major shareholder, the circulating shares ratio is expected to be 25.3%, meeting the listing maintenance standard.

Polaris Holdings has entered into a 20-year fixed-term building lease contract for the 301-room hotel property 'KOKO HOTEL Premier Tokyo Bay Makuhari' in Chiba City, Chiba Prefecture, with business operations scheduled to commence on June 18, 2026.

Upward revision of consolidated earnings guidance for fiscal year ending March 2026 to net sales of 4.7 trillion yen (0.8% increase from previous forecast), operating income of 3,700 million yen (2.8% increase), and net income attributable to owners of parent of 4,000 million yen (53.8% increase).

Announced that the free float ratio is estimated at 25.3%, and it is expected to meet all listing maintenance standards as of March 25, 2026.

Polaris Holdings is implementing a 1 billion yen anonymous partnership investment as part of its hotel operations business expansion, with a hotel property acquisition scheduled for March 27, 2026.

In January 2026, domestic hotels’ RevPAR decreased 1.9% Year-over-Year, with the inbound ratio remaining flat. By region, RevPAR increased Year-over-Year in Hokkaido, Tohoku, and Hokuriku-Shinetsu, while Kanto and Kinki regions showed a decrease. Although inbound visitors from China declined 60.7% Year-over-Year, growth in visitors from other countries resulted in minimal impact on performance.

The domestic hotel room occupancy rate for December 2025 was 89.8% (YoY +2.7%), ADR was JPY 13,217 (YoY +2.9%), RevPAR was JPY 11,866 (YoY +6.1%), and the inbound ratio was 51.6% (YoY +1.5%).