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Operates hotels and resorts in Japan, including the Washington Hotel business-hotel chain and Hakone-area resorts.
Operates hotels and resorts in Japan, including the Washington Hotel business-hotel chain and Hakone-area resorts.
Earns room revenue plus food, banquet and wedding sales at hotels it owns or leases, so results turn on occupancy and room rates. Business hotels draw steadier weekday trade, while the resorts rise and fall with holidays and tourist flows.
In one line: A regional US hotel/resort operator.
Moat: narrow (brand, installed base). Established hotel brand portfolio and resort property locations.
Headquarters: Tokyo, Japan · Founded: 1955 · Employees: 1,638
Size Fujita Kanko (9722.T) is a Japan Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $1.08B, the 700th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,803 on 6 Nov 2026.
Performance Over six months the shares gained 37.3%, against -12.9% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 3.1% over the last twelve months (peer median +6.1%); the operating margin is 15.9% (peer median 15.7%).
Valuation It trades at 12.9× forward earnings against a peer median of 21.0× (6th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is -30 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 13.6 points above its cost of capital (5.0% WACC).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥82.8B | ¥82.0B | ¥76.2B | ¥64.5B | ¥43.7B |
| Revenue growth | — | +8% | +18% | +48% | — |
| Gross profit | ¥17.6B | ¥17.7B | ¥15.8B | ¥9.55B | -¥1.42B |
| EBITDA | ¥17.7B | ¥18.0B | ¥16.2B | ¥10.3B | -¥435M |
| Net income | ¥12.8B | ¥9.29B | ¥9.13B | ¥8.11B | -¥5.79B |
| Free cash flow | n/a | ¥9.97B | ¥12.9B | ¥5.87B | -¥6.35B |
| Capital expenditure | n/a | ¥5.95B | ¥2.97B | ¥5.24B | ¥7.00B |
| Total debt | ¥23.0B | ¥27.8B | ¥37.6B | ¥40.2B | ¥49.9B |
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 |
|---|---|---|---|---|---|---|
| Fujita Kanko 9722.T | $1.08B | +37% | +3% | 16% | 12.9× | -4.6% |
| Kyoritsu Maintenance 9616.T | $2.00B | +47% | +20% | 9% | 16.7× | 2.3% |
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 | 9722.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.0% | -0.6% | 4th lowest of 21 |
| 6-month return | +37.3% | -12.9% | highest of 20 |
| Distance from 52-week high | -12.9% | -28.6% | 3rd highest of 21 |
| Revenue growth (TTM) | +3.1% | +6.1% | 6th lowest of 21 |
| Operating margin | 15.9% | 15.7% | 11th highest of 21 |
| Forward P/E | 12.9× | 21.0× | 6th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -4.6% | 1.7% | 7th least demanding of 19 |
| Growth delivered (Del g) | +25.2% | +17.5% | 5th highest of 19 |
| Hurdle (Req g minus delivered) | -29.8 pp | -17.7 pp | 5th least demanding of 19 |
| ROIC minus cost of capital | +13.6 pp | +0.3 pp | 3rd highest of 21 |
| EV / EBITDA | 10.0× | 13.3× | 7th cheapest of 18 |
| Net debt / EBITDA | 0.3× | 2.6× | 4th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fujita Kanko 9722.T | Japan | $1.08B | +37% | +3% | 16% | 12.9× | -4.6% | +25.2% |
| Hongkong & Shanghai Hotels 0045.HK | Hong Kong | $1.11B | -12% | -4% | 13% | n/a | 4.0% | +24.1% |
| Target Hospitality TH | United States | $1.13B | -26% | +12% | -9% | 22.9× | 49.9% | +7.3% |
| HtlShilla 008770.KS | South Korea | $985M | -46% | +1% | 3% | 15.1× | -7.6% | +5.0% |
| Lemon Tree Hotels LEMONTREE.NS | India | $984M | -4% | +10% | 38% | 31.1× | 17.4% | +41.3% |
| Pierre et Vacances VAC.PA | France | $974M | -1% | +5% | 15% | 15.6× | -0.6% | +9.8% |
| NagaCorp 3918.HK | Hong Kong | $1.21B | -48% | +12% | 58% | 4.7× | -19.3% | -4.1% |
| Huangshan Tourism Development 600054.SS | China | $926M | -13% | +2% | 20% | 23.0× | -9.4% | +23.2% |
| Guangzhou Lingnan 000524.SZ | China | $885M | -19% | +6% | 2% | 62.9× | 11.7% | +19.4% |
| Ventive Hospitality VENTIVE.NS | India | $1.34B | -17% | +15% | 29% | 26.2× | 29.9% | +78.5% |
| PPHE Hotel PPH.L | United Kingdom | $864M | -2% | +5% | 19% | 21.0× | 7.7% | +35.6% |
| Great Eagle 0041.HK | Hong Kong | $1.37B | -24% | +75% | 12% | n/a | -0.9% | +13.8% |
| Centurion OU8.SI | Singapore | $810M | -18% | +26% | 61% | 11.3× | -3.8% | +18.2% |
| Kelsian KLS.AX | Australia | $797M | +5% | +9% | 6% | 11.2× | 9.2% | +15.4% |
| SkiStar SKIS-B.ST | Sweden | $1.58B | +27% | +7% | 17% | 21.3× | 8.4% | +12.5% |
| Waterways Leisure Tourism CORDELIA.NS | India | $677M | n/a | -2% | 14% | n/a | n/a | n/a |
| Formosa International Hotels 2707.TW | Taiwan | $668M | +2% | +6% | 26% | 13.3× | -7.7% | +4.7% |
| Imperial Hotel 9708.T | Japan | $666M | -26% | +10% | 3% | 47.6× | n/a | n/a |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | United States | $1.79B | -16% | +6% | 12% | 7.5× | -6.2% | +24.5% |
| Shangri-La Asia 0069.HK | Hong Kong | $1.87B | -9% | +5% | 35% | 10.6× | -8.7% | +16.8% |
| Chalet Hotels CHALET.NS | India | $1.88B | +2% | -17% | 34% | 28.1× | 24.1% | +57.5% |