AGORA Hospitality Group Co., Ltd. (9704) Stock Price

Market cap
¥11.6B
P/E ratio
43.6x
Agora Hospitality Group manages hotels across Japan including properties in Osaka, Tokyo, and Kyoto, while also investing in real estate and other ventures.

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Business Overview

Agora Hospitality Group's primary business operations consist of hotel management and other investment businesses. In the hotel business, the company operates hotels including Hotel Agora Osaka Moriguchi and Hotel Agora Regency Osaka Sakai in Osaka Prefecture, and Agora Place Tokyo Asakusa in Tokyo. The company also provides operational management services for properties such as Agora Kyoto Kawaramachi and TSUKI.

In other investment businesses, the company operates domestic real estate rental operations and real estate development projects for residential properties in Australia. In Australia, the company conducts business through affiliated companies including Concept Asset. In Malaysia, the company operates cemetery business through the management of Lawan Memorial Park.

Additionally, Agora Hospitality Group engages in securities investment business, investing in financial products such as stocks and bonds. The company recognizes gains on sales and valuation gains at fiscal year-end as revenue. Principal affiliated companies include Beauty Spring International and Supreme Team.

Management Policy

Agora Hospitality Group has positioned 2025 as a pivotal year and is advancing its growth strategy. The company is opening three hotels under IHG Hotels & Resorts' new "Garner" brand in Chuo Ward, Osaka, and progressing with the opening of "Dorsett by Agora Osaka Sakai" through a partnership with Hong Kong-based Dorsett Hospitality International. These projects aim to develop new markets through collaborations with international brands.

The company has set a target of opening 30 hotels within five years to expand its brand portfolio and strengthen market competitiveness. Achieving this goal requires growth of the Agora standalone brand and accelerated partnerships with international hotel brands. The company is also implementing operational improvements to address unprofitable operations and efficiency challenges, pursuing sustainable growth.

Agora Hotel Alliance prioritizes human resource development and focuses on cultivating a spirit of hospitality. The company has introduced training programs and mentorship systems to support employee skill development and has created a more comfortable work environment. It is also actively recruiting diverse talent and promoting flexible work arrangements.

The company is advancing growth and improvement in parallel, aiming to evolve into a sustainable and robust organization. Through proactive initiatives, it seeks to achieve further growth and transformation. In other investment operations, the company is working to improve performance while controlling risk. In its cemetery business in Malaysia, it is advancing contract acquisition through close communication with local partners.

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