FAQs

About Our History

When was the company established?

September 1979. For more information about our company's history, please see "Company History."

When was the company listed on the Tokyo Stock Exchange?

March 1999: Listed on the Second Section of the Tokyo Stock Exchange.
September 2001: Listed on the First Section of the Tokyo Stock Exchange.
April 2022: Transferred to the Tokyo Stock Exchange Prime Market.

What is the origin of the company name?

The company name can be divided into two parts: "Kyoritsu" and "Maintenance." Both reflect the vision of our founder, Haruhisa Ishizuka.
"Kyoritsu" embodies the meaning of standing together with customers, with society, and with all those who support us—in other words, "to have a solid presence in the world."
While "Maintenance" typically evokes the image of upkeep and management, its primary meaning is "to maintain one's livelihood," reflecting Ishizuka's determination to establish a business in student dormitories, which was the company's original business.

What is the meaning behind the logo?

It is a visual representation of "Kyoritsu" and "Maintenance."
The white lettering represents both the image of people standing together, derived from the kanji character "人" (person), and the letter "M," which is the initial of "Maintenance." This is surrounded by a circle symbolizing harmonious and smooth relationships. Furthermore, the circle represents infinity, expressing development and expansion into the future.

About Corporate Information

I would like to know about the company overview, such as the number of employees and branches.

Please see "Company Overview."

What kind of businesses do you operate?

Kyoritsu Maintenance operates businesses related to "eating," "living," and "staying," such as student dormitories, employee dormitories, Dormy Inn, and Kyoritsu Resort. For details about each business, please see "Business Introduction."

With Japan's declining birthrate and aging population, won't the dormitory business market shrink?

While the 18-year-old population is indeed decreasing, the enrollment rate in higher education institutions such as universities, junior colleges, and vocational schools has been increasing year by year. As a result, we expect that a certain scale of student numbers will be maintained for the time being.

Do you own the buildings of the dormitories and hotels you operate?

The essence of our business is the management and operation of dormitories, hotels, etc. Therefore, our business objective is not to own land and buildings. We develop our business based on the premise of long-term bulk leasing and subleasing from owners who possess the land and buildings.

About Financial Results & Finance

When is your fiscal year-end?

Our fiscal year ends on March 31. We also announce financial results quarterly.

When is the next financial results announcement scheduled?

Please see the "IR Calendar."

When are financial results briefings held?

We hold financial results briefings for institutional investors at the time of interim and year-end financial results, and provide on-demand distribution after the briefings. The latest financial results briefing videos can be viewed in the IR Library.

I would like to know about past performance.

For a list of past performance, please see "Performance & Financial Information," and for past performance-related materials, please see "Material Download."

I would like to know indicators such as Return on Equity (ROE) and interest-bearing debt balance.

For details, please see "Performance & Financial Information."

Please tell me about your rating status.

For details, please see " Rating & Corporate Bonds."

Please tell me about the status of corporate bond issuance.

For details, please see " Rating & Corporate Bonds."

About Stocks in General

What is your securities code?

It is 9616.

What is the trading unit of shares?

It is 100 shares.

Please tell me about the shareholder composition and major shareholders.

Please see "Basic Stock Information."

How has the stock price been trending?

You can view this in "Stock Price Information."

When is the shareholders' meeting?

It is held every June. The latest schedule is available here.

I would like to know about the timing of past stock splits.

We have implemented six stock splits since listing on the Tokyo Stock Exchange.

Implementation Date (Note 1)	Split Ratio
April 1, 2024	1:2
April 1, 2017	1:2
April 1, 2015	1:1.2
October 1, 2006	1:1.2
May 20, 2003	1:1.1
May 20, 2002	1:1.3

(Note 1) Effective date.
(Note 2) If you held 100 shares on May 19, 2002. However, for convenience, fractions less than one share have been truncated in the calculation.

Who is the shareholder registry administrator?

Mitsubishi UFJ Trust and Banking Corporation.

Where should I contact if I want to know about stock procedures?

Please see "Basic Stock Information."

How can I sell shares less than one unit (less than 100 shares)?

Please see "Basic Stock Information."

About Dividends

Please tell me about the profit return policy.

Please see " Dividend Policy."

When is the shareholder record date for dividend payments?

The shareholder record date for year-end dividends is March 31, and for interim dividends is September 30.

Please tell me about the dividend status.

For the history of dividend payments, please see "Dividend Status."/p>

When are dividends paid?

Year-end dividends are scheduled to be paid in June, and interim dividends in December, if implemented.

Have you ever acquired treasury stock?

Below are share buybacks we have conducted since our listing on the Tokyo Stock Exchange.

Fiscal term of execution	Number of shares bought back
Fiscal year ended March 31, 2014	1,071,500
Fiscal year ended March 31, 2012	252,500
Fiscal year ended March 31, 2008	527,500
Fiscal year ended March 31, 2004	150,000

About the Shareholder Benefit Program

Please tell me about the details and usage of the shareholder benefit program.

Please see "Shareholder Benefit Program."

Is there a benefit program for long-term shareholders?

Yes, it has been newly established. At the Board of Directors meeting held on February 9, 2017, in addition to the existing "Shareholder Benefit Program," we resolved to establish a new "Long-term Shareholder Benefit Program" for shareholders who have held shares for a long period. For details, please see "Shareholder Benefit Program."