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← CockpitCompetitor Analysis › 9616.T Kyoritsu Maintenance Co., Ltd.Open in the cockpit ↗

Kyoritsu Maintenance Co., Ltd.9616.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Hotels/Resorts/Cruise lines

Operates the Dormy Inn business hotel chain and student dormitories/employee housing across Japan.

≈ A hybrid of a budget hotel chain and a student-housing operatorMomentum leader 90
Mkt cap
$2.00B
US dollars, full cap
Free float
78%
of shares outstanding
$/day
$16.6M
20-day average traded
Fwd P/E
16.7×
forward earnings
ROIC−WACC
+1.9 pp
WACC 5.0%
Hurdle
-15 pp
Req g minus delivered
Next earnings
3 days
9 Nov 2026
Close · JPY¥3,470
1D-5.6%
1W+2.9%
1M+8.6%
3M-0.1%
6M+46.7%
YTD+23.8%
1Y+15.2%
ATR %2.6%
52w lowhigh7.4% off high

What Kyoritsu Maintenance does

Operates the Dormy Inn business hotel chain and student dormitories/employee housing across Japan.

Hotels earn per room night, while dormitories bring in monthly rent and meals from students and company employees, a steadier line that cushions travel swings. Dormy Inn stands apart from cheap business hotels with public baths and free late-night noodles, aimed at repeat business travellers.

In one line: A hybrid of a budget hotel chain and a student-housing operator.

Products and services

  • Dormy Inn business hotels
  • Student dormitories
  • Employee housing/dining services

Customers

  • Business travelers
  • University students

Where it sits in the supply chain

  • Leisure & hospitality
  • Hotels & dormitories
  • Business hotels, student/employee…

What could go right

  • Domestic/inbound business travel demand

What could go wrong

  • Hotel occupancy cyclicality
  • Labor cost inflation

Moat: narrow (brand, scale). Established Dormy Inn brand and a diversified dormitory business that smooths hotel-cycle swings.

Headquarters: Tokyo, Japan · Founded: 1979 · Employees: 6,614

Named competitors

Kyoritsu Maintenance at a glance

Size Kyoritsu Maintenance (9616.T) is a Japan Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $2.00B, the 482nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,470 on 6 Nov 2026.

Performance Over six months the shares gained 46.7%, against -7.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 19.6% over the last twelve months (peer median +5.7%); the operating margin is 9.0% (peer median 15.4%).

Valuation It trades at 16.7× forward earnings against a peer median of 17.2× (8th cheapest of 18).

Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -15 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.9 points above its cost of capital (5.0% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 20269616.T 145Peer median 93
Six months, rebased to 100: Kyoritsu Maintenance against the median of its 20 peers (local-currency closes).

Kyoritsu Maintenance financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥280B¥275B¥229B¥204B¥176B
Revenue growth—+20%+12%+16%—
Gross profit¥66.1B¥64.1B¥55.2B¥48.4B¥32.3B
EBITDA¥34.6B¥34.8B¥28.9B¥24.0B¥13.9B
Net income¥18.2B¥18.7B¥14.6B¥12.4B¥4.24B
Free cash flown/a¥7.86B-¥12.5B¥1.19B¥3.11B
Capital expendituren/a¥44.7B¥43.9B¥24.1B¥5.29B
Total debt¥131B¥121B¥149B¥139B¥154B

Quarterly statements and history in the cockpit →

Kyoritsu Maintenance competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%0%+20%EIHOTELH15MCRICHALET0069HBXLINDMLCO600258SHOT4681THELEELASKIS-B00530041VENTIVE6007543918TH9616.T6-month return →1-month return →
Up and to the right = strong over both horizons. Kyoritsu Maintenance is the large dot.

Fundamentals: revenue growth against valuation

-20%-10%0%+10%+20%0×25×50×75×EIHOTELMCRICHALET0069HBXLIND600258THELEELAVENTIVE6007543918TH9616.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kyoritsu Maintenance is the large dot.

Capital: growth delivered against growth the price implies

0%+25%+50%+75%0%50%EIHOTELMCRICHALET0069HBXLINDMLCO6002584681SKIS-BMELVENTIVE6007543918TH9616.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Kyoritsu Maintenance is the large dot.

Kyoritsu Maintenance competitors and peer comparison

Head to head with its named competitors (9616.T vs 9722.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Kyoritsu Maintenance 9616.T$2.00B+47%+20%9%16.7×2.3%
Fujita Kanko 9722.T$1.08B+37%+3%16%12.9×-4.6%

How Kyoritsu Maintenance compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kyoritsu Maintenance against its 20 peers (data as of 6 Nov 2026)
Measure9616.TPeer medianRank in peer set
1-month return+8.6%+6.4%8th highest of 21
6-month return+46.7%-7.4%3rd highest of 21
Distance from 52-week high-7.4%-18.5%5th highest of 21
Revenue growth (TTM)+19.6%+5.7%2nd highest of 21
Operating margin9.0%15.4%4th lowest of 21
Forward P/E16.7×17.2×8th cheapest of 18
Growth the price implies (Req g, 7 yrs)2.3%1.1%10th least demanding of 19
Growth delivered (Del g)+17.8%+17.6%10th highest of 19
Hurdle (Req g minus delivered)-15.5 pp-19.3 pp7th most demanding of 19
ROIC minus cost of capital+1.9 pp+0.3 pp8th highest of 21
EV / EBITDA12.2×13.6×9th cheapest of 19
Net debt / EBITDA3.1×2.5×8th most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Kyoritsu Maintenance 9616.TJapan$2.00B+47%+20%9%16.7×2.3%+17.8%
EIH EIHOTEL.NSIndia$2.07B-7%+8%29%23.2×28.9%+42.9%
Hotel Properties H15.SISingapore$2.07B+11%+2%7%n/an/an/a
Monarch Casino & Resort MCRIUnited States$1.92B-8%+5%27%15.6×6.7%+24.2%
Chalet Hotels CHALET.NSIndia$1.88B+2%-17%34%28.1×24.1%+57.5%
Shangri-La Asia 0069.HKHong Kong$1.87B-9%+5%35%10.6×-8.7%+16.8%
Hbx Group International HBX.MCSpain$2.19B+29%+4%38%9.6×-4.2%+18.4%
Lindblad Expeditions LINDUnited States$2.23B+61%+17%8%89.0×33.0%+56.4%
Melco Resorts & Entertainment Ltd. Sponsored ADR MLCOUnited States$1.79B-16%+6%12%7.5×-6.2%+24.5%
BTG Hotels (Group) Co Ltd Shs -A- 600258.SSChina$2.25B-14%-3%18%17.0×-11.1%+7.6%
Scandic Hotels SHOT.STSweden$2.29B+16%+3%13%17.2×3.2%+24.4%
Resorttrust 4681.TJapan$2.36B-1%+8%12%16.4×-6.4%+9.4%
Leela Palaces Hotels & Resorts THELEELA.NSIndia$2.45B+65%+17%42%43.7×n/an/a
SkiStar SKIS-B.STSweden$1.58B+27%+7%17%21.3×8.4%+12.5%
Melia Hotels International MEL.MCSpain$2.67B-10%+5%13%15.2×7.3%+31.5%
Guoco 0053.HKHong Kong$2.90B0%-11%13%n/a-3.9%+16.0%
Great Eagle 0041.HKHong Kong$1.37B-24%+75%12%n/a-0.9%+13.8%
Ventive Hospitality VENTIVE.NSIndia$1.34B-17%+15%29%26.2×29.9%+78.5%
Shanghai Jin Jiang International Hotels 600754.SSChina$3.18B-16%+5%14%19.5×-8.1%+6.9%
NagaCorp 3918.HKHong Kong$1.21B-48%+12%58%4.7×-19.3%-4.1%
Target Hospitality THUnited States$1.13B-26%+12%-9%22.9×49.9%+7.3%

Questions

Who are Kyoritsu Maintenance's main competitors?
Named competitors: Fujita Kanko (9722.T). The cockpit's measured peer set (industry) also includes EIH (EIHOTEL.NS), Hotel Properties (H15.SI), Monarch Casino & Resort (MCRI), Chalet Hotels (CHALET.NS), Shangri-La Asia (0069.HK), Hbx Group International (HBX.MC).
Is Kyoritsu Maintenance expensive compared with its peers?
On forward p/e it trades at 16.7× against a peer median of 17.2×, 8th cheapest of 18 in its peer set. For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -15 pp: the price already allows for a slowdown.
How has Kyoritsu Maintenance stock performed?
Over six months to 6 Nov 2026 the shares returned +46.7% against -7.4% for the median peer; over one year +15.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.