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Polaris Holdings Co., Ltd
(3010)
Polaris Holdings Co., Ltd (3010) vs. iShares MSCI Japan ETF (EWJ)
Polaris Holdings Co., Ltd Business Overview & Revenue Model
Polaris Holdings Co., Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.39B | 27.88B | 22.55B | 7.02B | 3.71B | 2.97B |
| Gross Profit | 31.54B | 25.35B | 15.95B | 6.51B | 3.43B | 2.68B |
| EBITDA | 5.13B | 4.08B | 4.44B | 957.92M | -1.49B | -1.84B |
| Net Income | 2.90B | 2.61B | 3.30B | 534.19M | -1.83B | -2.10B |
Balance Sheet | ||||||
| Total Assets | 66.50B | 67.17B | 23.21B | 24.65B | 12.04B | 5.00B |
| Cash, Cash Equivalents and Short-Term Investments | 6.29B | 7.51B | 3.38B | 4.28B | 2.40B | 1.84B |
| Total Debt | 31.15B | 31.83B | 11.83B | 17.24B | 9.88B | 4.73B |
| Total Liabilities | 38.44B | 38.85B | 16.32B | 21.74B | 11.84B | 5.78B |
| Stockholders Equity | 28.06B | 28.33B | 6.88B | 2.91B | 192.60M | -784.43M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.80B | 7.50B | -110.27M | -7.82B | -1.99B |
| Operating Cash Flow | 0.00 | 4.29B | 7.74B | -109.96M | -7.82B | -1.51B |
| Investing Cash Flow | 0.00 | -3.88B | -1.66B | -728.20M | -415.30M | -650.87M |
| Financing Cash Flow | 0.00 | 4.04B | -6.94B | 2.19B | 8.80B | 2.95B |
Polaris Holdings Co., Ltd Technical Analysis
Polaris Holdings Co., Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥22.51B | 5.73 | ― | 3.67% | 84.40% | 142.34% | |
68 Neutral | ¥47.95B | 9.12 | ― | 4.04% | -5.36% | -8.38% | |
65 Neutral | ¥23.52B | 7.30 | ― | 4.57% | 117.62% | 6.35% | |
65 Neutral | ¥43.04B | 14.11 | ― | 1.63% | 116.30% | -0.08% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | ¥15.59B | 49.01 | ― | 0.96% | -6.81% | -25.33% | |
54 Neutral | ¥36.73B | 23.25 | ― | 3.63% | -8.66% | -53.57% |
Polaris Holdings Co., Ltd Corporate Events
Polaris Holdings Co., Ltd. reported strong hotel performance for October 2025, with significant increases in key metrics such as Occupancy Rate, Average Daily Rate, and Revenue per Available Room. The company benefited from a surge in inbound travel to Japan, particularly from Europe, North America, and East Asia, despite concerns about travel trends from China and Hong Kong. The successful management of accommodation demand during the EXPO 2025 Osaka–Kansai contributed to substantial growth in the Kinki and Chubu regions.
Polaris Holdings Co., Ltd. announced an upward revision to its earnings and dividend forecast for the fiscal year ending March 2026, driven by a strong business environment and successful hotel openings. The company reported record-high quarterly revenue and operating profit, despite a slight dip in some areas due to fewer visitors from South Korea and Hong Kong. The integration with Minacia under the ‘KOKO HOTEL’ brand is progressing, with a unified mission and new loyalty program aimed at leveraging scale advantages.
Polaris Holdings Co., Ltd. has revised its financial and dividend forecasts upward for the fiscal year ending March 31, 2026, driven by robust performance in its hotel operation business. The company expects a significant increase in net sales and profits, with a notable improvement in the dividend payout ratio, reflecting a positive outlook for stakeholders.
Polaris Holdings Co., Ltd. reported a significant increase in its consolidated financial results for the six months ended September 30, 2025, with net sales rising by 122.7% year-on-year. The company also revised its financial forecast for the year ending March 31, 2026, projecting a 67.1% increase in net sales, reflecting a positive outlook on its financial performance and potential growth.
Polaris Holdings Co., Ltd. has transitioned the operational structure of its KOKO HOTEL Osaka Shinsekai from a management contract to a lease agreement with the new owner, SMBC Trust Bank Ltd. This change aims to enhance profitability and ensure long-term operation by combining fixed and variable rent payments. The hotel, located in a prime tourist area, is expected to maintain high occupancy rates and capitalize on ongoing tourism demand, even beyond the EXPO 2025 Osaka, Kansai. Despite the strategic shift, the immediate financial impact on Polaris Holdings’ fiscal results is expected to be minimal.
In September 2025, Polaris Holdings Co., Ltd. reported a significant year-on-year increase in key performance metrics for its domestic hotels, driven by a surge in international visitors to Japan. The company’s hotels, particularly in the Kinki area, benefited from strategic revenue management and increased demand due to the EXPO 2025 Osaka–Kansai, resulting in notable growth in occupancy rates, average daily rates, and revenue per available room.
Polaris Holdings Co., Ltd. has announced the termination of existing lease agreements for two hotel properties and the initiation of new agreements with Star Asia Investment Corporation. This strategic move, involving KOKO HOTEL Nagoya Sakae and KOKO HOTEL Sendai Ekimae West, is expected to enhance profitability and expand Polaris’s operational capacity from 15 to 17 hotels, increasing the total number of rooms to 3,265. The new lease terms, which include a combination of fixed and variable rents, are designed to provide a mid-risk, mid-return profile, thereby strengthening the company’s market position.
Polaris Holdings Co., Ltd. has announced a new lease reservation agreement through its subsidiary Minacia Co., Ltd. with JA Mitsui Leasing Building Co., Ltd. for a hotel property in Takamatsu City. This strategic move is part of Polaris’s growth strategy to strengthen its hotel management portfolio and is expected to enhance synergies with its existing operations in the area. The new hotel, to be operated under the ‘KOKO HOTEL’ brand, will contribute to the company’s long-term management opportunities and earnings structure, although it will not impact the current fiscal year’s financial results.
Polaris Holdings Co., Ltd. reported strong hotel performance for August 2025, with significant increases in key metrics such as occupancy rate, average daily rate, and revenue per available room. The company benefited from a rise in international visitors to Japan, particularly from China, Taiwan, Southeast Asia, Europe, and the United States, despite some declines from Hong Kong and Singapore due to social media rumors. The Kinki region saw notable growth, driven by demand from the EXPO 2025 Osaka-Kansai event, contributing to a 10% year-on-year increase in overall revenue per available room.
Polaris Holdings Co., Ltd. announced the relocation of its head office and those of its subsidiaries to Chuo-ku, Tokyo, effective October 20, 2025. This move aims to enhance operational efficiency and accelerate decision-making following a business integration with Minacia Co., Ltd. The relocation’s impact on financial results is expected to be minimal and has been accounted for in the company’s earnings forecast.
Polaris Holdings Co., Ltd. has commenced the integration of its hotel brand, KOKO HOTELS, with the Hotel Wing International and Tenza Hotel brands, following a management integration with Minacia Co., Ltd. The rebranding is scheduled to occur across various locations from September 2025 to April 2026. The company anticipates minimal impact on its consolidated financial results for the fiscal year ending March 2026, as these changes have already been included in the earnings forecast.