Seibu Holdings sees Q2 revenue rise, maintains full-year outlook

Seibu Holdings reported consolidated operating revenue of JPY 259,587 million for the second quarter ended September 30, 2025, a 2.9% increase year-on-year, driven by residential property securitization and increased inbound tourist traffic. Operating profit for the period was JPY 31,308 million, a 7.3% decrease due to higher personnel and capital investment costs. Despite this, both operating revenue and profit exceeded initial forecasts for the period.

The company reaffirmed its full-year consolidated earnings forecast for March 31, 2026, expecting operating revenue of JPY 511,000 million and operating profit of JPY 40,000 million. This decision factors in an anticipated slowdown in Hawaiian travel demand and delays in hotel renovation work, alongside deferred expenses to the second half. Strategic investments include JPY 22 billion for Shinagawa Prince Hotel renovations and JPY 29 billion for Karuizawa Prince Hotel cottage refurbishments.

Seibu Holdings is advancing its capital recycling strategy, aiming for over JPY 600 billion in Assets Under Management (AUM) by FY2027 and expanding its hotel network to 250 properties globally. This includes the acquisition of Ace Group International shares in September 2025. The company also announced a JPY 20.0 interim dividend per share and plans for railway fare revisions in March 2026.