Kyoritsu Maintenance reports strong H1, raises dividend amid growth

Kyoritsu Maintenance Co., Ltd. announced strong consolidated financial results for the first half of FY3/26 (April-September 2025), with net sales increasing by 82 million yen (+7.4%) to 1,195 million yen and operating income rising by 6 million yen (+6.1%) to 112 million yen. This marks the fourth consecutive year of growth and a new H1 record for operating profit, driven by revenue increases in its Dormitory Business and Hotel Business.

The company maintains an unchanged full-year forecast, projecting operating profit to reach 250 million yen, which would be a third consecutive year of record-high profits. Key initiatives for H2 include opening new dormitory and hotel facilities. Kyoritsu also announced an increase in the annual dividend to 46.0 yen per share (+8.0 yen year-on-year), reflecting a 21.1% increase.

The Dormitory Business saw 12 new facilities (1,364 rooms) open in April 2025, contributing to a 97.4% occupancy ratio at the beginning of the period. The Hotel Business plans to open five new facilities with 876 rooms in FY3/26, aiming to capture strong domestic and inbound demand through dynamic pricing.