Dormitory business continued stable occupancy in spite of the impact of COVID-19 and performed in line with plan
Dormy Inn business turned to profit in operating income, far exceeding plan
Resort business saw a reactionary decline due to the "Go To Travel Campaign" in the previous year.
1
Consolidated business results and main financial indicators
FY 3/21
FY 3/22
FY 3/22
Comparison with
100 million yen
Q3 cumulative
Q3 cumulative
Q3 cumulative
YoY Comparison
Forecasts
Results
Forecast
Results A
（4/2020―12/2020）
（4/2021―12/2021）
（4/2021―12/2021）
Net sales
913
1,040
1,050
+137
+15.0%
+10
+1.0%
Operating income
-37
-58
-52
-15
-
+6
-
Ordinary income
-37
-48
-11
-
Net income*¹
-76
-39
+37
-
EPS (yen)
-196.2
-100.8
+95.4
-
Depreciation expense
38
45
+6
+15.9%
Cash flow*²
-37
5
+43
-
Capital investment
69
52
-16
-24.1%
Investment recovery
0
51
+51
-
by sales and leaseback
FY 3/21
FY 3/22
Results before the
sales and
implementation of
extraordinary loss
leaseback
processing due to
Results
temporary closure
C
B
913 51
-66 5
-66 5
-76 5
YoY Comparison without factors on the left
A - B - C
+85 +9.4%
+7 -
+11 -
+31 -
＊1. In FY3/21, extraordinary losses of 5.0 billion yen were recorded, including 2.8 billion yen in losses from temporary closures to prevent the spread of COVID-19, and 2.1 billion yen in losses from the closure of the Korean office and global cabin.
＊2. Cash flow : Net income + depreciation
2
Factors causing discrepancies between consolidated results and forecasts
Operating income
Q1
Q2
Q3
Q3 cumulative
(100 million yen)
（4 - 6/2021)
(7 - 9/2021)
(10 - 12/2021)
(4 - 12/2021)
Dormitory
Forecast
14
10
30
4
Act
4
29
Generally in line with plan
business
Comparison with
―
―
Forecasts
Dormy Inn
Forecast
-27
-17
-5
-50
Hotel Business: The upward trend
in hotel occupancy rates continued
Act
4
-40
business
as domestic leisure demand
Forecasts
+9
+9
recovered after the fourth state of
Comparison with
emergency was lifted in October.
Forecast
1
-29
Resorts
-21
-9
Dormy Inn business: Turned
profitable in 3Q as a result of
Act
-1
-32
business
RevPAR exceeding the plan by
Comparison with
-2
-2
10%.
Forecasts
Sales and leaseback
Forecast
―
5
―
5
of real estate
Act
―
5
Generally in line with plan
business
Comparison with
―
―
Forecasts
Forecast
-5
-5
-3
-15
Senior Business: Below plan
Others
Act
-4
-15
due to sluggish acquisition of
new contracts
Comparison with
―
―
Forecasts
Forecast
-40
-15
-2
-58
Total
Act
3
-52
Comparison with
+6
+6
Forecasts
3
Net sales and operating income broken down by segment
* In the same period of FY 3/21, our hotels were temporarily closed in response to the request for closure due to the state of emergency, and the
losses incurred were posted as extraordinary losses (Dormy Inn: 1.18 billion yen, Resort: 1.68 billion yen)
4
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KYORITSU Maintenance Co. Ltd. published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 07:31:04 UTC.
KYORITSU MAINTENANCE CO., LTD. is a Japan-based company primarily engaged in the dormitory management business, hotel business and others. The Company operates in five segments. The Dormitory segment is engaged in the operation of student and company dormitories. The Hotel segment is engaged in the operation of business and resort hotels. The General Building Management segment is engaged in the provision of management services for office buildings and residential buildings. The Foods segment is engaged in the restaurant business, the food catering business and the hotel restaurant business. The Development segment is engaged in the provision of construction, planning, design and brokerage services for real estate, as well as the condominium business and other development related businesses. The Company is also engaged in the management of homes for the elders, the provision of supporting services for single people, the insurance agency business and other related businesses.
KYORITSU MAINTENANCE CO., LTD. 
