5261.T

Overall Company Performance

• The first half of the 2026 March fiscal year delivered year-over-year revenue growth of 9%, ordinary income growth of 23%, and net income growth of 29%, achieving increased revenue and profit while progressing on track toward full-year guidance.

Hotel Operations

• First Half Achievements: Rolled out concierge services led by dedicated service coordinators, and hosted Japanese cultural experiences and seasonal events at properties. These unique experiential offerings were well received by inbound tourists seeking experience-focused consumption beyond basic accommodation. Resol Stay (staying type rental villa) opened two new high-quality properties: Nasu Hygge Skov in July and Hakone Onsen Retreat in September. Sales of mid-to-long stay products (weekly and monthly stays) also expanded.
• Planned Next Steps: Further strengthen the three core pillars of tourist hotel operations: service coordinators, breakfast, and guest relaxation. Pursue new operating facility development to support future expansion. Launch a new high-end brand series GRAND SUITE VILLA for top-tier Resol Stay properties.

Golf Operations

• First Half Achievements: Cooler-equipped golf carts introduced to combat extreme heat were popular with guests. Completed preparation for a business partnership with The Legacy Golf Club (Thailand), which launched October 1, 2025.
• Planned Next Steps: Upgrade service quality to target a premium golf course experience. Strengthen golf & stay package offerings, expand fairway front villa developments, and pursue additional partnerships with overseas golf courses.

Resol no Mori Business

• First Half Achievements: The dog villa Dear Wan Spa Garden performed strongly, inbound usage of golf & stay packages grew, and on-site events drew strong attendance and generated social media buzz.
• Planned Next Steps: Upgrade golf course quality at Mana Country Club, strengthen inbound customer acquisition through golf & stay packages, and evaluate construction of new golf villas on the Mana course. For resort operations, boost customer acquisition by developing attractive experience programs and events centered on sports and outdoor activities. Expand sales to capture more corporate training business via original team building programs and grow bookings for sports team training camps, while enhancing offerings at Dear Wan Spa Garden.

Well-being Business

• First Half Achievements: Renamed the segment from the former "Welfare Benefits Business" to reflect clearer strategic positioning, aligned with growing corporate focus on human capital management, diverse work arrangements, and widespread interest in holistic well-being.
• Planned Next Steps: Pursue growth in the broader well-being sector beyond traditional welfare services by strengthening OEM product lines, strengthening house agent type services, expanding sales networks in partnership with major financial institutions, upgrading internal systems, and developing new service menus.

Renewable Energy and Investment Renaissance Business

• Renewable Energy: Preparing development of a new solar carport project scheduled to launch operations at Arita Resol Golf Club in 2026.
• Investment Renaissance: Continued evaluation of potential new operating facility acquisitions, taking current market conditions into account.

Shareholder Return

• The company will expand its shareholder benefit program to strengthen shareholder returns and improve the investment attractiveness of its stock.

• Management confirms first half performance is on track to meet full-year guidance, which remains unchanged from prior public disclosure.
• The company maintains its forecast of a 100 yen per share year-end dividend for the full 2026 March fiscal year.

Resol Holdings operates 6 business segments. No full absolute revenue or revenue contribution percentage data is provided in the available transcript, only segment profit performance is disclosed: 1. Hotel Operations: Captured strong inbound tourism demand, significantly outperforming plan. Segment profit increased 0.35 billion yen year-over-year. 2. Golf Operations: Both visitor numbers and average customer spend exceeded prior year levels, but segment profit remained flat year-over-year due to increased course management costs. 3. Resol no Mori Business: The dog villa facility Dear Wan Spa Garden performed well, and inbound usage of golf & stay packages increased. No absolute profit figure is disclosed in the available transcript. 4. Well-being Business: Formerly the Welfare Benefits Business; renamed to align with expanded strategic scope. No absolute profit figure is disclosed in the available transcript. 5. Renewable Energy Business: Preparing development of a new solar carport project. No absolute profit figure is disclosed in the available transcript. 6. Investment Renaissance Business: Advanced evaluation of new operating facility acquisitions aligned with market conditions. No absolute profit figure is disclosed in the available transcript.

No explicit discussion of business risks or operational failures is included in the available portion of the transcript.

No question and answer section is included in the available portion of the transcript.