Toc's parent company, New Otani, FY2025 results announced

Toc (TSE:8841) has released information regarding the financial results of its parent company, New Otani, for the fiscal year ending March 31, 2025. New Otani, a hotel operator, reported a net profit attributable to owners of the parent company of JPY 9,587 million. Key details included in the announcement are Toc's 24.09% voting rights ownership in New Otani as of March 31, 2025, and the names of the New Otani executives serving concurrently as Toc board members. The announcement highlighted details of New Otani's major shareholders, including Ohtani Real Estate Co., Ltd., which holds a 27.6% stake. Other significant shareholders include Toc itself (8.4%) and Taisei Corporation (5.3%).