Operates the Dormy Inn business hotel chain and student dormitories/employee housing across Japan.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 flow | n/a | ¥7.86B | -¥12.5B | ¥1.19B | ¥3.11B |
| Capital expenditure | n/a | ¥44.7B | ¥43.9B | ¥24.1B | ¥5.29B |
| Total debt | ¥131B | ¥121B | ¥149B | ¥139B | ¥154B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req 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% |
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.
| Measure | 9616.T | Peer median | Rank 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 margin | 9.0% | 15.4% | 4th lowest of 21 |
| Forward P/E | 16.7× | 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 pp | 7th most demanding of 19 |
| ROIC minus cost of capital | +1.9 pp | +0.3 pp | 8th highest of 21 |
| EV / EBITDA | 12.2× | 13.6× | 9th cheapest of 19 |
| Net debt / EBITDA | 3.1× | 2.5× | 8th most indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kyoritsu Maintenance 9616.T | Japan | $2.00B | +47% | +20% | 9% | 16.7× | 2.3% | +17.8% |
| EIH EIHOTEL.NS | India | $2.07B | -7% | +8% | 29% | 23.2× | 28.9% | +42.9% |
| Hotel Properties H15.SI | Singapore | $2.07B | +11% | +2% | 7% | n/a | n/a | n/a |
| Monarch Casino & Resort MCRI | United States | $1.92B | -8% | +5% | 27% | 15.6× | 6.7% | +24.2% |
| Chalet Hotels CHALET.NS | India | $1.88B | +2% | -17% | 34% | 28.1× | 24.1% | +57.5% |
| Shangri-La Asia 0069.HK | Hong Kong | $1.87B | -9% | +5% | 35% | 10.6× | -8.7% | +16.8% |
| Hbx Group International HBX.MC | Spain | $2.19B | +29% | +4% | 38% | 9.6× | -4.2% | +18.4% |
| Lindblad Expeditions LIND | United States | $2.23B | +61% | +17% | 8% | 89.0× | 33.0% | +56.4% |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | United States | $1.79B | -16% | +6% | 12% | 7.5× | -6.2% | +24.5% |
| BTG Hotels (Group) Co Ltd Shs -A- 600258.SS | China | $2.25B | -14% | -3% | 18% | 17.0× | -11.1% | +7.6% |
| Scandic Hotels SHOT.ST | Sweden | $2.29B | +16% | +3% | 13% | 17.2× | 3.2% | +24.4% |
| Resorttrust 4681.T | Japan | $2.36B | -1% | +8% | 12% | 16.4× | -6.4% | +9.4% |
| Leela Palaces Hotels & Resorts THELEELA.NS | India | $2.45B | +65% | +17% | 42% | 43.7× | n/a | n/a |
| SkiStar SKIS-B.ST | Sweden | $1.58B | +27% | +7% | 17% | 21.3× | 8.4% | +12.5% |
| Melia Hotels International MEL.MC | Spain | $2.67B | -10% | +5% | 13% | 15.2× | 7.3% | +31.5% |
| Guoco 0053.HK | Hong Kong | $2.90B | 0% | -11% | 13% | n/a | -3.9% | +16.0% |
| Great Eagle 0041.HK | Hong Kong | $1.37B | -24% | +75% | 12% | n/a | -0.9% | +13.8% |
| Ventive Hospitality VENTIVE.NS | India | $1.34B | -17% | +15% | 29% | 26.2× | 29.9% | +78.5% |
| Shanghai Jin Jiang International Hotels 600754.SS | China | $3.18B | -16% | +5% | 14% | 19.5× | -8.1% | +6.9% |
| NagaCorp 3918.HK | Hong Kong | $1.21B | -48% | +12% | 58% | 4.7× | -19.3% | -4.1% |
| Target Hospitality TH | United States | $1.13B | -26% | +12% | -9% | 22.9× | 49.9% | +7.3% |