Hoshino Resorts REIT Past Earnings Performance

Past criteria checks 3/6

Hoshino Resorts REIT's earnings have been declining at an average annual rate of -8.9%, while the Hotel and Resort REITs industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 0.9% per year. Hoshino Resorts REIT's return on equity is 3.6%, and it has net margins of 34.5%.

Key information

-8.9%

Earnings growth rate

-12.7%

EPS growth rate

Hotel and Resort REITs Industry Growth	-8.6%
Revenue growth rate	0.9%
Return on equity	3.6%
Net Margin	34.5%
Last Earnings Update	30 Apr 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Hoshino Resorts REIT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:HOSH.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Apr 24	13,106	4,523	83
31 Jan 24	12,904	4,523	79
31 Oct 23	12,702	4,523	79
31 Jul 23	12,426	4,413	78
30 Apr 23	12,149	4,303	77
31 Jan 23	11,735	4,015	76
31 Oct 22	11,321	3,727	74
31 Jul 22	10,781	3,449	73
30 Apr 22	10,240	3,172	72
31 Jan 22	9,817	3,025	74
31 Oct 21	9,431	2,876	81
31 Jul 21	10,003	3,598	77
30 Apr 21	10,613	4,319	78
31 Jan 21	11,396	5,062	75
31 Oct 20	12,179	5,804	77
31 Jul 20	12,212	5,839	72
30 Apr 20	12,245	5,874	71
31 Jan 20	12,128	5,838	71
31 Oct 19	12,010	5,800	75
31 Jul 19	11,869	5,759	70
30 Apr 19	11,848	5,756	78
31 Jan 19	11,535	5,591	67
31 Oct 18	11,342	5,464	68
31 Jul 18	10,764	5,076	62
30 Apr 18	10,185	4,689	59
31 Jan 18	9,646	4,327	59
31 Oct 17	9,107	3,965	58
31 Jul 17	8,776	3,840	56
30 Apr 17	8,444	3,716	54
31 Jan 17	7,993	3,566	49
31 Oct 16	7,542	3,416	45
31 Jul 16	6,514	2,963	41
30 Apr 16	7,118	3,200	40
31 Jan 16	4,506	2,076	36
31 Oct 15	3,525	1,642	34
30 Apr 15	3,198	1,466	34
31 Oct 14	3,126	1,430	24
30 Apr 14	1,450	528	20

Quality Earnings: HOSH.F has high quality earnings.

Growing Profit Margin: HOSH.F's current net profit margins (34.5%) are lower than last year (35.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HOSH.F's earnings have declined by 8.9% per year over the past 5 years.

Accelerating Growth: HOSH.F's earnings growth over the past year (5.1%) exceeds its 5-year average (-8.9% per year).

Earnings vs Industry: HOSH.F earnings growth over the past year (5.1%) exceeded the Hotel and Resort REITs industry -4.5%.

Return on Equity

High ROE: HOSH.F's Return on Equity (3.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 14:31
End of Day Share Price	2024/12/09 00:00
Earnings	2024/04/30
Annual Earnings	2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hoshino Resorts REIT, Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Noritaka Hobo	Daiwa Securities Co. Ltd.
William Montgomery	Jefferies LLC
Takuya Sato	Mitsubishi UFJ Morgan Stanley Securities Company Limited