Agora Hospitality Group Co., Ltd.
9704・Standard Market・Services
Governance
The company has a Board of Corporate Auditors. The Board of Directors comprises 6 directors (2 outside directors), and the Board of Corporate Auditors comprises 3 auditors (2 outside auditors). In March 2025, the company established a Nomination and Compensation Committee as an advisory body to the Board of Directors to strengthen governance. An Executive Committee (Ex-com) under the direct supervision of the President meets monthly to oversee business execution.
Risk Management
The company has established Risk Management Regulations and periodically reviews risks affecting its business at the Board of Directors meetings. A system is in place whereby, in the event a risk materializes, the Representative Director designates a responsible department to respond promptly. Regarding climate change risk, the company has conducted scenario analysis under the 2°C and 4°C scenarios based on the IPCC Sixth Assessment Report (AR6), assessing physical risks and transition risks for both the accommodation business and the cemetery (memorial park) business. The company is promoting the development of BCP (Business Continuity Plan) plans at each hotel.
Shareholder Returns
No dividend for FY2025 (ending December 2025) (annual dividend of ¥0). For FY2026 (ending December 2026), the forecast dividend at the end of the second quarter is also ¥0, with the year-end and total dividends undetermined. No mention of share buybacks or shareholder benefit programs. The company continues its policy of allocating internal reserves to investment in the lodging business.
Dividend Policy
The basic policy is to implement a stable dividend policy, taking into consideration the need to strengthen the financial structure and to build up internal reserves necessary for proactive business development. In principle, dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved by the general meeting of shareholders). For FY2025 (ending December 2025), no dividend will be paid (annual dividend of ¥0). For FY2026 (ending December 2026), the forecast dividend at the end of the second quarter is ¥0, with the year-end dividend and total dividend undetermined. Internal reserves will be allocated primarily to the lodging business.
ESG
The company shares the 2050 net-zero target and monitors/reports SCOPE 1 and 2 CO2 emissions (Hotel Agora Regency Osaka Sakai: 3,664 tCO2; Agora Place Tokyo Asakusa: 318 tCO2; Agora Tokyo Ginza: 272 tCO2). It has continuously achieved an S rating under the Energy Conservation Act benchmark and has set a target value of 0.640 for 2030. On the human capital front, it has set a target of 5+ years of tenure for both male and female employees, and has established training, qualification support, and commendation systems. As a regional contribution initiative, it is advancing the Sakai City Ohama Kitamachi project, working on local talent development and job creation.
Last updated: March 31, 2026