(Apr.2018 – Mar.2019)
(Apr.2019 – Mar.2020)
(Apr.2020 – Mar.2021)
(Hotel Dev. only)
Message From CEO
Polaris Holdings was created by a fusion of the Star Asia Group, which manages high-quality real estate investments, and Polaris (former name: KachiKaihatsu), which runs multifaceted hotel operations. The most important feature is to achieve hotel operations that leverage the perspective of investment management. Our unique strength is that we operate hotels with an attitude of maximizing returns for our investors.
We will make full use of the real estate market research and analytical skills that the Star Asia Group has accumulated, various measures to increase real estate value, and a highly specialized workforce to create stable and large returns. This is where we have placed the main focus. We have defied conventional wisdom by creating a strong profit structure that is always aware of ROE, and by slimming down operational costs while maintaining the quality of services in the hotel management business, which is generally low margin with high turnover.
We operate three hotel brands including “Best Western”, a global brand with more than 4200 hotels worldwide, the new “KOKO HOTEL” business hotel brand, which will continue to evolve after opening in major cities such as Tokyo, Sapporo, and Fukuoka in 2020, and “Value The Hotel”, a hotel for medium to long-term stays at roadside locations in the Tohoku area. In addition to the conventional MC contracts (hotel management consignment contracts), we are embarking on a new operational style that hedges downside risk.
Another strong point is that we make swift investment decisions by leveraging the advantage of having access to a select group of specialists. In order to operate the numerous excellent hotel properties with the potential to be highly profitable in the future, we will realize hotel operations that set us apart from others by collaborating with the Star Asia Group with its abundant experience and professional staff for managing real estate investments.
Polaris Holdings Co., Ltd.
President & CEO
|Securities code||3010 (TSE)|
|Stock listings||The 2nd section of the Tokyo Stock Exchange, Japan|
|Fiscal year end||March 31|
|Dividend payout confirmation date||March 31|
|Number of shares per unit||100 shares|
|Number of shares issued||56,986,369|
|Total number of authorized shares||214,000,000|
|Number of shareholders||8,607 shareholders|
|Transfer Agent||Mitsubishi UFJ Trust and Banking Corporation|