Imperial Hotel Ltd (JP:9708)
:9708
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Imperial Hotel Ltd
(9708)
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Rating:53Neutral
Price Target:
¥1,125.00
▼(-8.01% Downside)
Action:Reiterated
Date:05/16/26
The score is held up by an above-average financial profile driven by revenue/earnings recovery and a low-leverage balance sheet, but it is materially weighed down by persistently negative free cash flow and weak cash conversion. Technicals further pressure the score due to a clear downtrend (below all major moving averages and negative MACD), while valuation also detracts given the high P/E and low dividend yield.
Positive Factors
Revenue recovery & profitability normalization
A sustained revenue recovery and return to positive net income since 2023 provide a firmer earnings base for the hospitality business. Over the next 2–6 months this supports occupancy and pricing power, improves predictability of cash flows versus the post‑pandemic trough, and reduces near‑term earnings downside.
Negative Factors
Persistent negative free cash flow
Repeated negative free cash flow and weak cash conversion are a durable concern: earnings are not translating into liquidity. Over 2–6 months this limits discretionary spending, heightens reliance on internal or external funding for capex or working capital, and raises questions about earnings quality and financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery & profitability normalization
A sustained revenue recovery and return to positive net income since 2023 provide a firmer earnings base for the hospitality business. Over the next 2–6 months this supports occupancy and pricing power, improves predictability of cash flows versus the post‑pandemic trough, and reduces near‑term earnings downside.
Read all positive factors
Imperial Hotel Ltd (9708) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥119.79B
Dividend Yield0.49%
Average Volume (3M)78.63K
Price to Earnings (P/E)43.1
Beta (1Y)0.47
Revenue Growth6.95%
EPS Growth66.30%
CountryJP
Employees1,758
SectorConsumer Cyclical
Sector Strength84
IndustryTravel Lodging
Share Statistics
EPS (TTM)23.00
Shares Outstanding118,800,000
10 Day Avg. Volume68,590
30 Day Avg. Volume78,633
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)3.77
Price to Sales (P/S)3.29
P/FCF Ratio-58.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)23.6
Revenue Forecast (FY)¥60.10B
Imperial Hotel Ltd Business Overview & Revenue Model
Company Description
Imperial Hotel, Ltd. operates hotels in Japan. The company manages the Imperial Hotel Tokyo, the Imperial Hotel Osaka, and the Kamikochi Imperial Hotel. Its hotels offer accommodation, dining, banquet, and other facilities. The company was founded...
How the Company Makes Money
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Imperial Hotel Ltd Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 52.87B | 56.27B | 52.61B | 53.34B | 43.77B | 28.62B |
| Gross Profit | 42.19B | 43.34B | 41.90B | 42.30B | 34.22B | 22.14B |
| EBITDA | 4.93B | 4.10B | 4.61B | 5.99B | 4.70B | -4.91B |
| Net Income | 2.73B | 4.29B | 2.58B | 3.38B | 1.95B | -7.89B |
Balance Sheet | ||||||
| Total Assets | 68.39B | 81.87B | 69.03B | 65.71B | 61.74B | 59.11B |
| Cash, Cash Equivalents and Short-Term Investments | 22.93B | 28.41B | 23.18B | 30.34B | 30.24B | 28.12B |
| Total Debt | 0.00 | 9.00B | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 22.66B | 32.79B | 23.68B | 22.67B | 21.74B | 21.14B |
| Stockholders Equity | 45.73B | 49.08B | 45.35B | 43.03B | 40.00B | 37.97B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -3.18B | -7.69B | 636.00M | 2.12B | -3.17B |
| Operating Cash Flow | 0.00 | 4.09B | 7.06B | 4.20B | 3.94B | -1.77B |
| Investing Cash Flow | 0.00 | -9.67B | -14.14B | -3.07B | -1.58B | -1.43B |
| Financing Cash Flow | 0.00 | 7.97B | -724.00M | -718.00M | -238.00M | -238.00M |
Imperial Hotel Ltd Technical Analysis
Negative
1223.00
Price Trends
1373.16
Negative
1359.30
Negative
1206.70
Negative
Market Momentum
-105.40
Positive
22.46
Positive
9.29
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9708, the sentiment is Negative. The current price of 1223 is above the 20-day moving average (MA) of 1165.00, below the 50-day MA of 1373.16, and above the 200-day MA of 1206.70, indicating a bearish trend. The MACD of -105.40 indicates Positive momentum. The RSI at 22.46 is Positive, neither overbought nor oversold. The STOCH value of 9.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9708.
Imperial Hotel Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥21.77B | -49.82 | ― | 1.47% | 13.33% | 50.90% | |
64 Neutral | ¥7.64B | -7.88 | ― | 0.48% | 4.42% | 13.31% | |
63 Neutral | ¥112.39B | 5.71 | ― | 0.30% | 5.99% | 43.14% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | ¥13.90B | 11.95 | ― | 0.55% | 16.33% | -38.51% | |
53 Neutral | ¥119.79B | 43.10 | ― | 0.49% | 6.95% | 66.30% | |
53 Neutral | ¥6.60B | 7.46 | ― | 0.39% | 8.88% | -30.58% |
* Consumer Cyclical Sector Average
JP:9708
Imperial Hotel Ltd
1,009.00
66.73
7.08%
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1.40%
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633.00
-17.19
-2.64%
Imperial Hotel Ltd Corporate Events
Imperial Hotel Unveils FY2026 Results and Long-Term 2036 Management Plan
May 14, 2026
Imperial Hotel, Ltd. has released its financial results for the fiscal year ended March 2026, outlining consolidated operating performance, segment results, balance sheet and cash flow conditions. The disclosure also includes earnings forecasts, s...
Imperial Hotel Boosts Earnings and Dividend Despite Softer Profit Outlook
May 14, 2026
Imperial Hotel reported a 7.0% rise in net sales to ¥56.27 billion for the year ended March 31, 2026, with operating profit up 33.7% and profit attributable to owners of parent surging 65.9%. Earnings per share climbed to ¥36.22, return ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.