Hoshino Resorts REIT, Inc.
Stock Price Chart
2026/10/09 12:26 UpdatedPrice Trend
2026/10/09 12:26 UpdatedPrice & Trading Details
2026/10/09 12:26 UpdatedPRICE
TRADING
Analyst Recommendations 4 analysts
Updated 2026/10/01Earnings Calendar
Updated 2026/10/01Shareholder Composition
Updated 2026/10/01Top Mutual Funds / ETFs
Updated 2026/10/01Major Holders
Updated 2026/10/01| Fund Name | Ownership | Shares | Change |
|---|---|---|---|
|
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
|
8.0K | 0.00% | |
|
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
|
5.3K | +2.41% | |
|
DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl Real Estate Securities PO
|
3.9K | 0.00% | |
|
iShares Trust-iShares Core MSCI EAFE ETF
|
3.7K | 0.00% | |
|
iShares Trust-iShares MSCI EAFE Small-Cap ETF
|
2.1K | -10.32% | |
|
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Global ex-U.S. Real Estate Inde
|
2.1K | +3.04% |
Dividend History
Updated 2026/10/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥6,832 | -36.1% |
| 2025 | ¥10,692 | +17.1% |
| 2024 | ¥9,133 | +7.8% |
| 2023 | ¥8,471 | +13.9% |
| 2022 | ¥7,438 | - |
Financial Performance
2026/10/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥9,432M | ¥11,321M | ¥12,702M | ¥14,167M |
| Gross Profit | ¥4,856M | ¥5,924M | ¥6,750M | ¥7,795M |
| Operating Income | ¥3,663M | ¥4,664M | ¥5,369M | ¥6,333M |
| Pretax Income | ¥3,377M | ¥4,241M | ¥5,154M | ¥5,911M |
| Net Income | ¥2,877M | ¥3,727M | ¥4,523M | ¥5,074M |
| EPS | - | ¥7,485.70 | ¥8,848.90 | ¥9,244.10 |
| Operating Margin | 38.83% | 41.20% | 42.26% | 44.70% |
| Balance Sheet | ||||
| Total Assets | ¥179,716M | ¥205,963M | ¥216,047M | ¥248,856M |
| Total Equity | ¥106,158M | ¥125,840M | ¥126,257M | ¥144,940M |
| Total Liabilities | ¥73,558M | ¥80,122M | ¥89,789M | ¥103,916M |
| Cash | ¥8,827M | ¥11,207M | ¥11,756M | ¥12,120M |
| Interest-bearing Debt | ¥68,483M | ¥74,586M | ¥84,299M | ¥95,939M |
| Equity Ratio | 59.07% | 61.10% | 58.44% | 58.24% |
| D/E Ratio | 0.65 | 0.59 | 0.67 | 0.66 |
| Cash Flow | ||||
| Operating CF | ¥4,971M | ¥6,980M | ¥8,006M | ¥8,248M |
| Investing CF | -¥5,531M | -¥26,585M | -¥12,885M | -¥32,724M |
| Financing CF | -¥1,705M | ¥21,985M | ¥5,600M | ¥25,203M |
| Free CF | -¥8,293M | -¥18,194M | -¥4,917M | -¥27,046M |
| Efficiency | ||||
| ROE | 2.71% | 2.96% | 3.58% | 3.50% |
| ROA | 1.60% | 1.81% | 2.09% | 2.04% |
Latest IR Information
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Notice Regarding Portfolio Operational Performance (August 2026)
For August 2026, portfolio-wide room occupancy was -1.9pt year-over-year, ADR was -4.6% year-over-year, and RevPAR was -6.8% year-over-year. While noting external factors such as impacts in the Kansai area, several properties reported favorable results due to their measures. Reservations from...
Read more -
Notice on Reduced Applicable Interest Rate Achieved via Sustainability-Linked Loan (SLL) Target Achievement
Interest rate under SLL lowered in line with SPT achievement. Applicable to multiple loan contracts (total of 2, ...). Post-change rate: base rate + 0.615–0.675 percentage points. Effective date: September 30, 2026. SPT achievement as of March 31, 2026: 51.7%....
Read more -
Notice on Portfolio Operating Performance (July 2026)
In July, overall portfolio occupancy rate rose by 0.8 percentage points YoY, ADR declined by 1.2%, and RevPAR declined by 0.2%. Properties operated by Hoshino Resorts saw demand softening at some facilities affected by typhoons and adverse weather, while continued...
Read more -
Hoshino Resorts REIT Investment Corporation: Portfolio Management Performance for June 2026
For June 2026, overall portfolio occupancy rate was down 2.0 points YoY, ADR down 4.0%, RevPAR down 6.4%. The Kansai area faced domestic demand declines due to pre-summer demand related to the Osaka/Kansai Expo and travel restrictions, along with adverse...
Read more -
Notice on Portfolio Operating Results (May 2026)
In May 2026, the overall portfolio occupancy rate improved by 1.1 percentage points YoY, ADR increased by 2.4%, and RevPAR rose by 3.8%. The Kansai region faced demand decline and price competition, while other areas showed notable recovery. ADR/RevPAR for...
Read more
Latest News (5 items)
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Average Analyst Rating: none
Average Target Price: ¥276,250
Rating Score: 2.00 (Based on 4 analysts)
※1=Strong Buy, 5=Strong Sell
Hoshino Resorts REIT Wins Interest Rate Cut After Hitting Sustainability Loan Targets - TipRanks ↗
Hoshino Resorts REIT Reduces Loan Commitment to Strengthen Financial Stability - TipRanks ↗
Company Information
About
Hoshino Resorts REIT, Inc. (hereinafter, HRR) invests in hotels, ryokans (Japanese-style inns) and ancillary facilities. It serves at the core of the tourism industry and for which stable use is expected for the medium to long term. HRR was established under the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended; hereinafter, the Investment Trusts Act) with Hoshino Resort Asset Management Co., Ltd. (hereinafter, the Asset Management Company) as the organizer and investments in capital of 150 million yen (300 units) on March 6, 2013. An issuance of new investment units through public offering (19,000 units) was implemented with July 11, 2013, as the payment due date, and the investment securities were listed on the Real Estate Investment Trust Securities Market of Tokyo Stock Exchange, Inc. (hereinafter, the Tokyo Stock Exchange) (securities code: 3287) on July 12, 2013. HRR has steadily expanded its asset size since, bringing the assets held by HRR as of the end of the fiscal period under review to 69 properties (sum total of acquisition price: 226,650 million yen).
