Agora Hospitality Group Co., Ltd. · TSE:9704
Agora Hospitality — H1 2026 Earnings Presentation
9 slides from Agora Hospitality's earnings presentation, Aug 24, 2026
Slide 1: Financial Results Presentation (Interim Period) FY Ending December 2026
Agora Hospitality Group Co., Ltd. Financial Results Presentation (Interim Period) of the Fiscal Year Ending December 2026 24 August 2026 © Agora Hospitality Group Co., Ltd. All rights reserved.
Slide 2: H1 2026 Financial Results Highlights
H1 2026 Financial Results Highlights In H1 2026, revenue and operating profit declined year on year, reflecting the fading boost from Osaka-Kansai Expo-related demand and a pullback in Chinese travel to Japan. Nevertheless, both remained above H1 2024 levels. Unit: JPY thousand Quarterly Revenue and
Slide 3: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss ◼ Revenue fell year on year, mainly due to lower revenue at our hotels in the Osaka area and the absence of approximately ¥720 million in revenue generated by Agora Place Namba in the prior-year period following its closure. ◼ Operating profit weakened year o
Slide 4: Inbound Demand Trends in Japan
Inbound Demand Trends in Japan Japan’s inbound travel market cooled slightly from last year’s elevated levels. Visitor arrivals remained resilient, slipping 2.0% year on year, while foreign guest nights fell more sharply by 8.5%. Visitor Arrivals to Japan Foreign Guest Nights1 Inbound Share (Million
Slide 5: Foreign Guest Room Nights and Market Mix at AGORA
Foreign Guest Room Nights and Market Mix at AGORA On a same-store basis¹, the share of foreign guest room nights at AGORA hotels declined from 68.6% in H1 2025 to 62.5% in H1 2026. The decline in foreign guest room nights was mainly driven by a sharp decline in demand from China and the normalisatio
Slide 6: Key Operating KPIs
Key Operating KPIs ◼ On a same-store basis, occupancy remained strong at our Tokyo and Kyoto properties. Overall occupancy declined by 3.2pp year on year, mainly reflecting the normalisation of Expo-related demand in Osaka from the elevated 2025 base. ◼ Strong room rate growth at our Tokyo propertie
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet Change Unit: JPY million 2024/12/31 2025/12/31 2026/6/30 vs 2025/12/31 Total Assets 20,653 20,988 20,398 (590) Cash & Deposits 2,869 3,566 3,356 (210) Interest-Bearing Debt1 8,938 8,912 8,743 (169) Net Interest-Bearing Debt2 6,069 5,346 5,387 +41 Equity3 3,707 5,610 5,579
Slide 8: Cash Flow Statement
Cash Flow Statement H1 2025 H1 2026 Unit: JPY thousand YoY Change (Jan - Jun) (Jan - Jun) Cash Flows from Operating Activities 248,591 (2,791) (251,382) Cash Flows from Investing Activities (575,706) (77,615) +498,091 Cash Flows from Financing Activities 697,990 (173,333) (871,323) Effect of Exchang
Slide 9: Disclaimer
Disclaimer ◼ This presentation has been prepared by Agora Hospitality Group Co., Ltd. (the “Company”) solely for the purpose of providing information regarding the Company’s business, financial performance and financial position, and does not constitute an offer or solicitation to purchase or sell t
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