6547 Greens
- May 20, 2025
- 1 min read
Greens is a hotel management company based in Mie Prefecture, close to Nagoya. Operates nationwide in urban areas. Manages business hotels such as "Comfort Hotel."
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Greens is a hotel management company based in Mie Prefecture, close to Nagoya. Operates nationwide in urban areas. Manages business hotels such as "Comfort Hotel."
i posted about this name on April 5. Up 10+% since then
https://x.com/japan_guru_x/status/1908324169781248472
15 bil yen in current asset vs 19 bil yen in total liabilities
The hotel recently added 22 suburban properties. Lodging saw higher-than-expected room rate increases in urban areas due to a rise in inbound tourists, with high occupancy rates. Despite increased labor costs, OP was revised upward from the previous forecast. An additional dividend increase was also announced.
Strong performance expected on lodging for FY ending June 2026, driven by leisure travelers.
The medium-term management plan targets sales of 60 billion yen and operating profit of 7 billion yen for the fiscal year ending June 2028 (compared w/ 41 bil and 5 bil respectively for FY June 2024).