Hulic

Retail & mixed-use property · 3003

The Japan read

From the company's own filing for H1 2026 (Jan–Jun) · reported 2026-07-28 · the filing

StoresIts Ginza pipeline — Ginza 8-chome, G8, Ginza 5-chome, Ginza 6-chome Miyuki-dori and Ginza 7-chome Showa-dori — is progressing, and it bought The Square Hotel Ginza for resale in the half.
InboundHotels and ryokan — THE GATE HOTEL, View Hotel and FUFU — grew revenue 13.0% to ¥31.6bn on higher room rates from inbound demand and new openings, but profit rose only 1.8% to ¥2.7bn.
Not disclosedThe results do not separate retail rent from office rent and give no tenant sales or hotel occupancy figures.

Other callouts in the filing

SegmentReal estate grew revenue 35.8% to ¥349.6bn and profit 9.4% to ¥87.3bn, helped by property sales on top of steady rent from about 250 mostly station-side buildings in Tokyo's 23 wards (about 1.26m㎡ leasable).
OutlookHulic gives no revenue forecast; for 2026 it guides to ¥210.0bn of operating profit (+12.4%) and ¥121.0bn of net income (+5.8%), unchanged.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

floortok holds 2 reported periods for this company.

H1 2026 (Jan–Jun) · Year-to-Date

Reported 2026-07-28

Operating revenue¥416.6bn+38.8%

Operating profit¥80.3bn+7.0%

Net income¥50.0bn+11.3%

Hulic owns about 250 mostly station-side buildings across Tokyo's 23 wards and has several Ginza development projects in progress. In January–June 2026 its real-estate revenue rose 35.8% to ¥349.6bn on property sales as well as steady rent, and its hotels and ryokan grew 13.0% on inbound demand. Revenue rose 38.8% to ¥416.6bn, operating profit 7.0% to ¥80.3bn and net income 11.3% to ¥50.0bn.

Full year to Dec 2025 · Year-to-Date

Reported 2026-01-29

Operating revenue¥727.4bn+22.9%

Operating profit¥186.8bn+14.3%

Net income¥114.3bn+11.7%

Hulic's 2025 revenue rose 22.9% to ¥727.4bn, operating profit 14.3% to ¥186.8bn and net income 11.7% to ¥114.3bn, led by real estate (+20.9%).

SegmentReal estate grew revenue 20.9% to ¥637.5bn and profit 16.2% to ¥198.1bn; hotels and ryokan grew 10.5% to ¥54.3bn but their profit slipped 0.3% to ¥1.67bn.