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Fujita Kanko Inc.
(9722)
Fujita Kanko Inc. (9722) vs. iShares MSCI Japan ETF (EWJ)
Fujita Kanko Inc. Business Overview & Revenue Model
Fujita Kanko Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 80.28B | 82.00B | 76.21B | 64.55B | 43.75B | 28.43B |
| Gross Profit | 18.00B | 18.03B | 16.00B | 9.75B | -1.23B | -13.20B |
| EBITDA | 18.07B | 18.01B | 15.70B | 10.81B | -2.17B | 22.05B |
| Net Income | 9.65B | 9.29B | 9.13B | 8.11B | -5.78B | 12.68B |
Balance Sheet | ||||||
| Total Assets | 91.80B | 98.83B | 94.04B | 93.50B | 99.96B | 112.76B |
| Cash, Cash Equivalents and Short-Term Investments | 13.95B | 12.26B | 14.46B | 13.71B | 24.14B | 38.65B |
| Total Debt | 31.69B | 27.66B | 37.57B | 40.17B | 49.90B | 58.44B |
| Total Liabilities | 61.74B | 62.01B | 68.39B | 67.52B | 77.22B | 83.92B |
| Stockholders Equity | 30.06B | 36.82B | 25.65B | 25.97B | 22.63B | 28.66B |
Cash Flow | ||||||
| Free Cash Flow | 5.52B | 9.97B | 12.94B | 5.87B | -6.35B | -17.73B |
| Operating Cash Flow | 7.04B | 15.92B | 15.90B | 11.11B | 645.00M | -16.30B |
| Investing Cash Flow | -1.22B | -5.68B | -3.83B | -5.92B | -6.12B | 42.89B |
| Financing Cash Flow | -6.31B | -12.43B | -11.31B | -15.67B | -8.94B | 8.32B |
Fujita Kanko Inc. Technical Analysis
Fujita Kanko Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥16.37B | 2.93 | ― | 1.47% | 19.31% | 202.53% | |
63 Neutral | ¥178.68B | 15.25 | ― | 0.49% | -1.00% | 5.32% | |
63 Neutral | ¥120.23B | 17.02 | ― | 0.30% | 10.26% | 6.31% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | ¥10.67B | 10.59 | 32.34% | ― | 20.16% | 1467.54% | |
58 Neutral | ¥14.57B | 2.42 | ― | 0.55% | 35.22% | 413.40% | |
53 Neutral | ¥6.50B | 37.82 | ― | 0.39% | 10.52% | -31.01% |
Fujita Kanko Inc. Corporate Events
Fujita Kanko Inc. has approved an absorption-type merger of two wholly owned hotel management subsidiaries, WHG NISHINIHON Inc. and WHG KANSAI Inc., which respectively operate WHG Hotels in the Kyushu/Okinawa and Kinki regions. WHG NISHINIHON will be the surviving entity, and WHG KANSAI, a specified subsidiary, will be dissolved.
The reorganization aims to integrate operations to enhance workforce mobility and strengthen organizational capabilities across the western Japan hotel network. As this is an internal merger between consolidated subsidiaries with no share or cash consideration, the company expects only a minimal impact on its consolidated financial results while streamlining regional management structures.
The most recent analyst rating on (JP:9722) stock is a Hold with a Yen2491.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc. will ask shareholders at its 93rd Annual General Meeting on March 25, 2026, to approve amendments to its Articles of Incorporation following the full redemption of its Class A preferred shares in August 2025. The proposal removes all provisions related to Class A preferred shares and revises the total number of authorized shares and the share unit structure to reflect a capital base comprised solely of common shares.
By eliminating preferred share provisions and unifying the share unit number at 100 shares, the company is simplifying its capital structure and corporate governance documentation. This streamlining may enhance transparency for investors and aligns the firm’s legal framework with its current equity profile, potentially making its share structure easier to understand and manage going forward.
The most recent analyst rating on (JP:9722) stock is a Hold with a Yen2491.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc. reported record-high operating and ordinary profits for the fiscal year ended December 31, 2025, with net sales rising ¥5.79 billion year on year to ¥82.0 billion and operating profit increasing ¥1.48 billion to ¥13.8 billion. Profit attributable to owners of the parent edged up to ¥9.29 billion, even as some guestrooms were temporarily closed for renovations and tax expenses climbed due to the elimination of loss carryforwards.
The strong performance was driven by higher value-added services, productivity improvements under its medium-term management plan, and increased sales per use, supported by growth in inbound accommodation demand. Despite across-the-board wage hikes and higher bonus payouts pushing up labor costs, the company was able to expand profitability, underscoring the resilience of its hospitality business model and the success of its strategy to attract overseas guests with premium products.
The most recent analyst rating on (JP:9722) stock is a Hold with a Yen2491.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko reported a 7.6% rise in net sales to ¥82.0 billion for the year ended December 31, 2025, with operating profit up 12.1% and profit attributable to owners of parent edging 1.7% higher to ¥9.3 billion, supported by stronger margins and a higher operating profit-to-sales ratio. The company’s financial position improved notably, with total assets rising to ¥98.8 billion, equity ratio climbing to 37.3%, and higher dividends of ¥70 per share for 2025, while it also executed a 5-for-1 stock split effective January 1, 2026 and guided for modest 2026 sales growth but lower profits amid a recalibrated post-split dividend policy.
Cash flows from operating activities remained robust at ¥15.9 billion in 2025, though cash and cash equivalents declined to ¥12.2 billion due to increased investing and financing outflows. For 2026, management forecasts virtually flat net sales in the first half and only 1.2% full-year growth to ¥83.0 billion, alongside double-digit percentage declines in operating and ordinary profit, signaling a more cautious earnings outlook despite an expected increase in full-year profit attributable to owners of parent and a lower dividend level per share after the stock split.
The most recent analyst rating on (JP:9722) stock is a Hold with a Yen2491.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc. has resolved at a Board of Directors meeting to propose a partial amendment to its Articles of Incorporation at the 93rd Annual General Meeting of Shareholders scheduled for March 25, 2026. Details of the proposed changes are provided only in Japanese via a linked explanatory document, limiting visibility for non-Japanese stakeholders but signaling upcoming adjustments to the company’s governance framework.
The move to revise the Articles of Incorporation indicates that Fujita Kanko may be updating its corporate structure, governance rules, or business scope in response to strategic, regulatory, or market needs. While specifics have not been disclosed in the English notice, shareholders and other stakeholders should expect that the outcome of the March meeting could influence how the company is managed and positioned within the competitive hospitality industry.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc. has announced a significant increase in its planned year-end dividend from surplus for the fiscal year ended December 31, 2025, proposing 70 yen per common share, up from its prior forecast of 40 yen and the previous year’s 40 yen. The total dividend payout on common shares is expected to reach 838 million yen, with no Class A preferred share dividends following the acquisition and cancellation of all such shares in August 2025.
The company cites a recovery in business performance and financial position as the basis for the higher payout, aligning the move with its stated policy of returning profits to shareholders while reinforcing its corporate structure and internal reserves. The dividend, sourced from retained earnings and based on the pre-split share count ahead of a five-for-one stock split effective January 1, 2026, underscores management’s confidence in ongoing earnings strength and is likely to be welcomed by equity investors seeking improved yield and clearer visibility on capital returns.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc. has announced a shift in its largest associated shareholder following the transfer of a 25% stake, representing both issued shares and voting rights, from Dowa Holdings Co., Ltd. to NSSK-GAMMA2 Limited Liability Company on February 10, 2026. As a result, NSSK-GAMMA2 is now classified as an other associated company of Fujita Kanko, while Dowa Holdings no longer holds that status.
In connection with this change, Fujita Kanko has entered into a capital and business alliance agreement with NSSK-GAMMA2 aimed at supporting the company’s business growth and enhancing corporate value. Under the agreement, NSSK-GAMMA2 gains the right to nominate up to two directors and must give prior consent for key actions such as amendments to the Articles of Incorporation, certain equity issuances, and major asset sales, while both parties emphasize that the company’s overall decision-making independence will be maintained.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc., a Japan-based hospitality group listed on the TSE Prime, operates hotels, resorts, and leisure facilities, providing accommodation and tourism services to domestic and international guests. The company leverages its diversified portfolio of hospitality assets to capture travel demand and corporate event business across key Japanese markets.
Fujita Kanko has completed the sale of one investment security, realizing an extraordinary gain of ¥5,999 million on February 12, 2026. The gain will be booked as extraordinary income for the three months ending March 31, 2026 and has already been factored into the company’s earnings forecast for the fiscal year ending December 31, 2026, reinforcing visibility around its near-term financial performance.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko has resolved to revise its officer compensation system and introduce a restricted stock-based compensation plan for internal directors, subject to shareholder approval at its March 25, 2026 general meeting. The plan is designed to strengthen incentives for sustainable corporate value growth and better align directors’ interests with those of shareholders by granting restricted shares as part of their remuneration.
Under the new scheme, up to ¥50 million per year in compensation will be allocated in the form of restricted shares, with a maximum of 50,000 shares annually, either granted without consideration or via in-kind contribution of monetary claims. The issuance price will be linked to the market closing price of Fujita Kanko’s shares to avoid preferential treatment, and allotments will be governed by restricted share agreements, signaling a shift toward more market-linked, performance-conscious governance practices.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko reported consolidated net sales of ¥82.0 billion for the fiscal year ended December 31, 2025, up 7.6% year on year, with operating profit rising 12.1% to ¥13.8 billion and profit attributable to owners edging up 1.7% to ¥9.3 billion. Profitability metrics remained strong despite slower bottom-line growth, with an operating margin of 16.8% and ROE of 29.8%, while comprehensive income surged 65.1%, indicating solid overall performance.
The company’s financial position strengthened markedly as total assets reached ¥98.8 billion and equity climbed to ¥36.8 billion, lifting its equity ratio to 37.3% and net assets per share to ¥614.47. Reflecting this improved balance sheet and earnings base, Fujita Kanko raised its annual dividend for 2025 to ¥70 per share from ¥40, even as it forecasts modest 2026 sales growth and a decline in operating profit, with full-year operating income projected at ¥12.0 billion and basic EPS at ¥191.93.
Operating cash flow remained robust at ¥15.9 billion, though increased investment outflows and higher financing outflows reduced cash and cash equivalents to ¥12.2 billion at year-end. Share count was essentially stable, with only a small increase in treasury shares, signaling a steady capital structure while the company balances shareholder returns with continued investment in its hospitality operations.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko Inc. has decided to sell part of its shareholdings in DOWA Holdings Co., Ltd. after a board resolution, responding to DOWA’s plan to repurchase its own shares through an off-exchange ToSTNeT-3 transaction. The move follows Fujita Kanko’s review of its cross-shareholdings under Japan’s Corporate Governance Code, leading to a decision to reduce its stake in DOWA.
The sale, scheduled for February 12, 2026, is expected to generate an extraordinary gain on sale of investment securities of approximately ¥6.5 billion. This gain will be booked as extraordinary income in the quarter ending March 31, 2026 and will be reflected in the company’s forecast for the fiscal year ending December 31, 2026, potentially strengthening its financial position and capital allocation flexibility.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.
Fujita Kanko has entered a capital and business alliance with NSSK-GAMMA2, an investment vehicle linked to Nippon Sangyo Suishin Kiko, as part of its Medium-Term Management Plan 2028 aimed at sustainable growth, stronger talent pipelines, and a more robust financial base. The company seeks to accelerate development capabilities, M&A execution, and brand power by tapping NSSK’s expertise while continuing to build on post-pandemic recovery and prior structural reforms.
As part of the alliance, NSSK-GAMMA2 will acquire 14,980,000 Fujita Kanko shares, or 25% of outstanding stock excluding treasury shares, from current largest shareholder Dowa Holdings via an off-market secondary offering. This transaction will make NSSK-GAMMA2 the new largest major shareholder and comes with consent rights over key corporate actions, underscoring a shift in governance and positioning Fujita Kanko for more aggressive expansion through hotel acquisitions, property development, and value-enhancement initiatives.
The most recent analyst rating on (JP:9722) stock is a Buy with a Yen2737.00 price target. To see the full list of analyst forecasts on Fujita Kanko Inc. stock, see the JP:9722 Stock Forecast page.