Kyoritsu Maintenance Co., Ltd. · TSE:9616
Kyoritsu Maintenance — FY2025 Earnings Presentation
35 slides from Kyoritsu Maintenance's earnings presentation, May 23, 2025
Slide 1: FY 3/25 Consolidated Financial Results
FY 3/25 (4/2024-3/2025) Consolidated Financial Results May 23, 2025 Kyoritsu Maintenance Co., Ltd. 〔Securities Code 9616〕
Slide 2: Contents
Contents 01 Summary of Financial Results for FY 3/25 P.02 02 FY 3/26 Consolidated Financial Forecasts P.15 03 Progress on the Medium-Term Management Plan P.27 Copyright © kyoritsugroup.co.jp All rights reserved. 1
Slide 3: Summary of Financial Results for FY 3/25
01 Summary of Financial Results for FY 3/25 P.02 02 FY 3/26 Consolidated Financial Forecasts P.15 03 Progress on the Medium-Term Management Plan P.27 Copyright © kyoritsugroup.co.jp All rights reserved. 2
Slide 4: FY3/25 Financial Highlights
FY3/25 Financial Highlights Recorded highest profits for 2 consecutive years, exceeding 20 Billion Yen Dividends to be increased by 55.1% compared to the previous fiscal year. Dormitory Business （100 million yen） Following the improvement of the employment work environment, both sales Dormitory Net
Slide 5: Overview of Consolidated Financial Results and Main Financial Indicators
Overview of Consolidated Financial Results and Main Financial Indicators （100 million yen） Special Causes FY 3/25 YoY Comparison FY 3/24 FY 3/25 without Factors Results Forecast Results YoY Comparison Yo Y Co mp ari so n o f Yo Y Co mp ari so n o f Eq u i ty i n earn i n g s o f I n crease/ Decrease
Slide 6: Breakdown of Net Sales and Operating Income by Business Segments
Breakdown of Net Sales and Operating Income by Business Segments ▌ Net Sales (100 million yen) Hotel Business Total FY 3/24 FY 3/25 ▌ Breakdown by Segments FY 3/25 FY 3/24 1,255 FY 3/25 1,392 (Before eliminations of intersegment transactions) 838 ■ Dormitory ■ Dormy Inn ■ Resorts 728 ■ Comprehensive
Slide 7: Factors for Deviation from FY 3/24
Factors for Deviation from FY 3/24 Operating Income Q1 Q2 Q3 Q4 Full Year （4-6/2024) （7-9/2024) （10-12/2024) （1-3/2025) （4/2024-3/2025) Main Cause （100 million yen） FY 3/24 Results 16 13 8 20 58 ・Even though occupancy rate in the beginning of this fiscal year started, 97%(-1.2 points vs previous per
Slide 8: Dormitory Business Net Sales and Operating Income
Dormitory Business Net Sales and Operating Income ▌ Net Sales +26.2 (+5.0%) YoY （100 million yen） Sales increase due to optimization of +17.9 1 sales prices Revenue decrease due to reduced occupancy -6.8 +11.7 +2.3 +11.1 +1.1 2 Sales price optimization and occupancy increase +2.0 4 Contract fee decr
Slide 9: Trends in Initial Number of Leased Units & Occupancy Ratio
Dormitory Business Trends in Initial Number of Leased Units & Occupancy Ratio OCC (％) Capacity Japanese Student International Student Employee Domeal FY 3/25 FY 3/26 YoY （Room) Occupancy COVID-19 Pandemic Ratio at the 97.0% 97.4% +0.4pt Beginning Number of 98.3 98.3 98.7 98.2 Properties 526 536 +10
Slide 10: Dormy Inn Business Net Sales and Operating Income
Dormy Inn Business Net Sales and Operating Income ▌ Net Sales +110.0 (+15.1%) YoY （100 million yen） Sales growth due to higher RevPAR: +77.7 +35.1 +0.6 1 13,655 yen (YoY +1,196 yen) +77.7 3 -3.4 2 FY 3/24 Newly opened: 4 facilities 750 rooms 4 2 Sep. Aomori 194 Feb. Toyohashi 170 838.0 Jan. NonoBepp
Slide 11: Dormy Inn Monthly Trends in Occupancy, ADR and RevPAR
Dormy Inn Monthly Trends in Occupancy Ratio, Average Daily Rate Business and RevPAR OCC*1 ADR *1 RevPAR *1 Preliminary Figures ▌ OCC （％） 24 （Thousand yen) Q1 Q2 Q3 Q4 Full Year 91.5% 91.4% 91.8% 87.7% 88.2% 90.7% 88.8% 87.5% FY 3/24 85.5 87.3 89.4 86.2 87.1 22 86.6% 85.2% 84.7% 86.6% 87.6% 88.4% 86.
Slide 12: Resorts Business Net Sales and Operating Income
Resorts Business Net Sales and Operating Income ▌ Net Sales +26.7 (+5.1%) YoY （100 million yen） +42.7 +5.1 1 Sales growth due to higher RevPAR: +42.7 38,336 yen (YoY +2,922 yen) 2 -21.0 1 3 FY 3/24 Newly opened: 1 facility 75 rooms 2 527.6 554.4 Sep. La Vista Yokosuka Kannonzaki Terrace 75 3 Large-s
Slide 13: Resorts Monthly Trends in Occupancy, ADR and RevPAR
Resorts Monthly Trends in Occupancy Ratio, Average Daily Rate Business and RevPAR OCC*1 ADR *1 RevPAR *1 Preliminary Figures ▌ OCC （％） （Thousand yen) Q1 Q2 Q3 Q4 Full Year 86.4% 86.7% 84.2% 84.2% 86.4% 80.8% 82.8% 78.8% 79.0% FY 3/24 71.1 80.4 81.1 75.4 77.1 77.1% 71.3% 80.7% 77.8% 72.7% 80.0% 80.1%
Slide 14: Consolidated Balance Sheet, Net D/E Ratio
Consolidated Balance Sheet, Net D/E Ratio ▌Consolidated Balance Sheet ▌Net Debt-to-Equity (D/E) Ratio End of March 2024 End of March 2025 Long-term loans payable Convertible bonds (CB) Short-term loans payable Interest-Bearing Liabilities (Net）(100 million yen) Net Debt-to-Equity (D/E) Ratio COVID-1
Slide 15: Dividends/Shareholder Benefits
Dividends/Shareholder Benefits ▌Dividends ▌Shareholder Benefits ⚫ Enhancement of "Shareholder Benefit Vouchers" (twice yearly) and Interim dividend (yen) "Long-term Shareholder Benefit Vouchers" (once yearly) Year-end dividend (yen) Applicable to shareholders registered as of end of March 2025 38.0
Slide 16: FY 3/26 Consolidated Financial Forecasts
01 Summary of Financial Results for FY 3/25 P.02 02 FY 3/26 Consolidated Financial Forecasts P.15 03 Progress on the Medium-Term Management Plan P.27 Copyright © kyoritsugroup.co.jp All rights reserved. 15
Slide 17: Consolidated Financial Forecast: Main Financial Indicators
Consolidated Financial Forecast: Main Financial Indicators Expect highest profits also for FY26 in plan as three consecutive years, expect to hit 25 billion Yen operating income and 21.1% increase of deviend Dormitory Business （100 million yen） Others ・In April, OCC ratio was successfully started hi
Slide 18: Consolidated Financial Forecast: Main Financial Indicators
Consolidated Financial Forecast: Main Financial Indicators （100 million yen） Special Causes YoY Comparison FY 3/25 FY 3/26 YoY Comparison of YoY Comparison of YoY Comparison of without Factors Results Forecast YoY Comparison Increase/Decreas e in Increase/Decreas e in Increase/Decreas e Cost for Lar
Slide 19: Consolidated Financial Forecast: Breakdown by Segments
Consolidated Financial Forecast: Breakdown by Segments Hotel Business Total FY 3/19 Results ▌ Net Sales FY 3/19 Results (100 million yen) 783 FY 3/25 Results ▌ Breakdown by Segments FY 3/26 Forecast FY 3/25 Results 1,392 FY 3/26 Forecast (Before eliminations of intersegment transactions) FY 3/26 For
Slide 20: Forecast: Dormitory Business Net Sales and Operating Income
Dormitory Business Consolidated Financial Forecast, Net Sales and Operating Income Sales increase due to optimization of ▌ Net Sales +27.3（+5.0％）YoY （100 million yen） 1 sales prices +11.9 Revenue decrease due to reduced occupancy -3.1 +18.0 +0.4 Sales increase due to optimization of +8.8 +0.1 2 sale
Slide 21: New Opening Dormitory Business & Senior-Life Business
New Opening Dormitory Business & Senior-Life Business As for dormitory business, we opened newly for 3 prefectures in Okayama,Kagawa and Tokushima ▌ Dormitory Business ※All opened in April, 2025 Number of 岡山県 Name of facility Prefecture rooms Dormy Sagami Ohno2 Kanagawa 53 Dormy Sakado Ekimae Saitam
Slide 22: Forecast: Dormy Inn Business Net Sales and Operating Income
Dormy Inn Business Consolidated Financial Forecast, Net Sales and Operating Income ▌ Net Sales +72.2（+8.6％）YoY （100 million yen） 1 Sales growth due to higher RevPAR: 14,549 yen (YoY +753 yen) +57.7 +57.7 +1.1 +10.7 +2.8 2 3 4 2 FY 3/25 Newly opened: 1 facilities 78 rooms 1 Oct. global cabin Yokohama
Slide 23: New Opening Dormy Inn Business
New Opening Dormy Inn Business Newly opened 4 facilites mainly for series of “NONO” ▌ Dormy Inn Business Month to be Name of facility Prefecture Number of rooms In operation 40 opened Tsuruga Fukui 199 Oct. 2025 ■ In operation (Already) ■ No operation (Not yet) EXPRESS Unnan Shimane 94 Oct. 2025 Shi
Slide 24: Forecast: Dormy Inn Trends in KPI
Dormy Inn Business Consolidated Financial Forecast, Trends in KPI OCC ADR RevPAR （Thousand yen) COVID-19 Pandemic Forecast 90.0% 90.8% 89.0% 88.1% 85.9% 87.0% 86.9% 87.9% 73.9% 64.7% FY 3/25 FY 3/26 YoY 15.8 16.5 14.3 OCC （％） 86.9 87.9 +1.0pt 10.8 11.0 11.8 13.7 14.5 10.4 10.6 12.4 8.7 10.0 7.9 10.1
Slide 25: Forecast: Resorts Business Net Sales and Operating Income
Resorts Business Net Sales and Operating Income ▌ Net Sales +47.2 (+8.5%) YoY （100 million yen） +54.5 +2.5 1 Sales growth due to higher RevPAR: +54.5 2 -9.7 41,833 yen (YoY +3,615 yen) 1 3 601.7 2 FY 3/26 Newly opened: 2 facilities 306 rooms 554.4 Mar. Kyoto Omuro Kadensho 67 Mar. La Vista Atami Ter
Slide 26: New Opening Resort Business
New Opening Resort Business Opening a type of hotel complex "La Vista Atami Terrace" ▌ Resort Business Number of Month to be Name of facility Prefecture In operation 21 rooms opened Kyoto Omuro Kadensho Kyoto 67 Mar,2026 ■ In operation (Already) ■ No operation (Not yet) La Vista Atami Shizuoka 239 M
Slide 27: Forecast: Resorts Trends in KPI
Resorts Business Consolidated Financial Forecast, Trends in KPI OCC ADR RevPAR （Thousand yen) COVID-19 Pandemic Forecast 85.6% 86.1% 82.8% 80.5% 76.8% 78.2% 76.2% 76.3% 59.9% 51.8% FY 3/25 FY 3/26 YoY 48.9 52.0 46.6 45.9 42.4 42.9 41.6 42.1 40.8 41.5 OCC （％） 78.2 80.5 +2.2pt 41.8 38.2 35.0 35.7 35.1
Slide 28: Progress on the Medium-Term Management Plan
01 Summary of Financial Results for FY 3/25 P.02 02 FY 3/26 Consolidated Financial Forecasts P.15 03 Progress on the Medium-Term Management Plan P.27 Copyright © kyoritsugroup.co.jp All rights reserved. 27
Slide 29: Quantitative targets
Progress on the Medium-Term Management Plan KYORITSU Growth Vision Rise Up Plan 2028 Quantitative targets Targeting average rates of growth of 10% in net sales and 30% in operating income over five years based on steady growth in the dormitory and hotel businesses Recovery New growth COVID-19 perio
Slide 30: External growth
Progress on the Medium-Term Management Plan KYORITSU Growth Vision Rise Up Plan 2028 External growth Lifting the top line even higher by promoting new development and growth in numbers of residential and guest rooms as well as normalized selling prices = Increasing numbers Normalizing selling of roo
Slide 31: Internal growth
Progress on the Medium-Term Management Plan KYORITSU Growth Vision Rise Up Plan 2028 Internal growth Striving to increase profitability by normalizing marketing costs and improving labor productivity through digital transformation (DX) = Normalizing Improving labor Increasing marketing costs product
Slide 32: Investments, returns to shareholders, and fundraising
Progress on the Medium-Term Management Plan KYORITSU Growth Vision Rise Up Plan 2028 Investments, returns to shareholders, and fundraising We plan to invest energetically in development, large-scale renovations, and DX to build the foundations needed for future growth. We will raise the funds needed
Slide 33: Dormitory / Hotel Development Plans
Dormitory / Hotel Development Plans Results Decision made・Scheduled to be commercialized FY 3/24 FY 3/25 FY 3/26 FY 3/27 FY 3/28 +12 facilities* +1,037 rooms* +8 facilities* +907rooms* +12 facilities* +1,364 rooms* +10 facilities* +2,195 rooms* +11 facilities* +1,245 rooms* Ending number of Ending n
Slide 34: Important notes
Important notes As used in these Notes, "presentation" refers to this Document explained or distributed by Kyoritsu Maintenance Co., Ltd. ("Kyoritsu" hereinafter), as well as oral presentations, questions and answers, and information provided in writing or orally. This presentation (including relate
Slide 35: KWH OK DIC,
KWH OK DIC, KY@RITSU HOTELS & DORMITORIES