Notice Regarding Revision of Business Performance and Dividend Forecasts for the Fiscal Year Ending June 2026

Earnings revision

The full-year forecast for the fiscal year ending June 2022 has been reviewed, now expected to be net sales of 53,800 million yen, operating profit 6,700 million yen, ordinary profit 6,650 million yen, and net income attributable to owners of the parent of 4,500 million yen. All are upward revisions versus the previous forecast, with earnings per share expected to be 327.71 yen. The revenue increase reflects accommodation demand secured by regional characteristics and revenue management, along with additional new openings and repair investments. The impact of deteriorating China-J Japan relations on inbound demand is expected to be limited.

Dividend revision and policy

The year-end dividend is forecast at 52 yen per share, with annual dividend expected to be 52 yen per share. This represents an upward revision from zero yen, emphasizing a policy of maintaining a stable dividend while improving performance. The decision to raise the year-end dividend is based on overall considerations including financial condition, dividend payout ratio, and ROE. Going forward, while aiming for a stable management base and considering the business environment, actual results should be monitored closely.