RESOL HOLDINGS Co.,Ltd.

Business Details

This segment handles hotel management and operations, resort facility operations, consulting, facility management, and the turnaround and sale of corporate retreat facilities. In addition to operating its core brand "RESOL Hotels" as tourist hotels under the "hotels with a story" concept, the segment is promoting the extended-stay villa rental business "RESOL Stay" as a new growth business. With capturing inbound demand and improving room rates and occupancy as revenue drivers, this is the core business accounting for more than half of the Group's total sales.

Recent Overview

Strong inbound demand and Expo effects contributed to significant increases in both sales and ordinary income

In the Hotel Operations Business for FY2026 (ending March 2026), sales were strong at ¥16,433 million (up 10.4% year on year), and ordinary income rose to ¥3,277 million (up 30.3% year on year). Promotional measures targeting Asia and Europe steadily improved room rates and occupancy, and in the Osaka area, the ripple effects of the Osaka-Kansai Expo also contributed. At RESOL Stay, new facilities opened in the Karuizawa and Hakone areas, with reservation numbers, nights stayed, and membership numbers all exceeding the prior year. Impairment losses were zero for the period (compared with ¥334 million recorded in the prior fiscal year).

Key Products

Growth Drivers

• Continued growth in inbound consumption driven by historically high levels of foreign visitors to Japan
• Improvement in room rates and occupancy through region-specific promotional measures for Asia, Europe, and other areas
• Strengthening of concierge services through dedicated "Service Coordinators," driving customer satisfaction and repeat visits
• New openings of RESOL Stay facilities (monthly, daily, weekly) and expanded coverage of mid- to long-term stay needs
• Expansion of facility count through preparations for opening the newly operated "Korakuen Garden Hotel" and development of new properties
• Strengthened tourist hotel branding to increase the ratio of direct bookings

Risks

• Risk of fluctuation in inbound demand from China (the outlook remains uncertain and continuous monitoring is required)
• Risk of sudden changes in inbound demand due to geopolitical risks such as the situation in the Middle East
• Risk of profit pressure from rising energy and raw material costs
• Increased costs for securing and developing personnel (strengthening of recruitment and talent development systems is an issue as the business scale expands)
• Risk of initial cost burden and occupancy ramp-up associated with new facility openings and expansion investments
• Risk of impairment of fixed assets (an impairment loss of ¥334 million was recorded in the prior fiscal year, FY2025 ending March 2025)