3196
HOTLAND HOLDINGS Co., Ltd.
株式会社ホットランドホールディングス
Retail Trade
HOTLAND HOLDINGS Co., Ltd., through its subsidiaries, operates restaurants in Japan and internationally. The company is also involved in the development of Takoyaki shops and specialty stores, as well as bar business; staple food development business; manufacture, wholesale, and sale of frozen Takoyaki; and wholesale of seafood, as well as hosting of Japanese food events. In addition, it engages in the planning and graphic design; architecture, interior and exterior design, and sign construction; store promotion support; new business development; management of stores and restaurants; import/export/processing/sale of food and other merchandises; and development of education, restaurant, and other businesses, as well as provision of packaging services. The company was formerly known as HOTLAND Co.,Ltd. and changed its name to HOTLAND HOLDINGS Co., Ltd. in April 2025. HOTLAND HOLDINGS Co., Ltd. was founded in 1988 and is based in Tokyo, Japan.
Read more
← Companies
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥51.0B
¥46.1B
¥38.7B
¥32.2B
¥29.7B
Cost of Sales
¥22.4B
¥20.3B
¥16.5B
¥13.6B
¥11.6B
Gross Profit
¥28.6B
¥25.9B
¥22.2B
¥18.6B
¥18.1B
SG&A
¥26.9B
¥23.3B
¥19.9B
¥16.8B
¥17.1B
Operating Income
¥1.8B
¥2.5B
¥2.2B
¥1.7B
¥970M
Non-Operating Income
¥438M
¥981M
¥472M
¥917M
¥2.7B
Non-Operating Expenses
¥166M
¥82M
¥71M
¥53M
¥44M
Interest Expense
¥144M
¥64M
¥39M
¥40M
¥35M
Ordinary Income
¥2.1B
¥3.4B
¥2.6B
¥2.6B
¥3.6B
Pre-tax Income
¥1.2B
¥2.7B
¥1.7B
¥1.9B
¥3.2B
Income Taxes
¥628M
¥624M
¥608M
¥559M
¥1.0B
Current Tax
¥836M
¥1.0B
¥726M
¥670M
¥844M
Deferred Tax
¥-208M
¥-385M
¥-119M
¥-112M
¥173M
Net Income (owners)
¥405M
¥1.8B
¥1.0B
¥1.4B
¥2.1B
Minority Interest
¥159M
¥197M
¥23M
¥-10M
¥88M
Comprehensive Income
¥-66M
¥2.0B
¥1.1B
¥1.7B
¥2.7B
EBITDA
¥3.8B
¥4.1B
¥3.6B
¥3.1B
¥2.2B
Goodwill Amort. (J-GAAP)
¥194M
¥99M
—
—
—
EPS
¥19.07
¥87.01
¥47.21
¥62.94
¥96.55
Shares Outstanding
21.3M
21.3M
21.2M
21.7M
21.6M
Shares Issued (total)
21.7M
21.7M
21.7M
21.7M
21.6M
Treasury Shares
0.4M
0.4M
0.4M
0.0M
0.0M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥33.5B
¥28.5B
¥23.7B
¥22.1B
¥21.3B
Current Assets
¥13.9B
¥11.9B
¥10.1B
¥9.6B
¥9.4B
Cash & Deposits
¥4.8B
¥3.7B
¥2.9B
¥3.3B
¥3.2B
Trade Receivables
¥2.8B
¥2.7B
¥2.4B
¥2.2B
—
Non-Current Assets
¥19.5B
¥16.6B
¥13.6B
¥12.4B
¥11.9B
PP&E
¥11.8B
¥9.3B
¥7.8B
¥7.2B
¥6.9B
Goodwill
¥1.5B
¥1.1B
¥633M
¥719M
¥805M
Intangible Assets
¥1.6B
¥1.1B
¥721M
¥797M
¥914M
Investment Securities
¥407M
¥376M
¥266M
¥53M
¥53M
Deferred Tax Assets
¥1.3B
¥876M
¥420M
¥308M
¥375M
Total Liabilities
¥21.3B
¥16.0B
¥13.0B
¥11.4B
¥12.2B
Current Liabilities
¥11.4B
¥10.4B
¥9.1B
¥6.7B
¥7.8B
Accounts Payable
¥2.8B
¥2.5B
¥1.8B
¥1.5B
¥1.3B
ST Debt
¥3.4B
¥3.2B
¥3.3B
¥1.7B
¥2.5B
Taxes Payable
¥400M
¥644M
¥455M
¥280M
¥824M
Non-Current Liabilities
¥9.9B
¥5.5B
¥3.9B
¥4.7B
¥4.3B
Total LT Borrowings
¥7.6B
¥3.6B
¥2.1B
¥3.2B
¥2.9B
Pension Obligations
¥127M
¥102M
¥89M
¥82M
¥72M
Deferred Tax Liab.
¥4M
—
—
—
¥58M
Total Equity
¥12.2B
¥12.5B
¥10.8B
¥10.7B
¥9.1B
Capital Stock
¥3.3B
¥3.3B
¥3.3B
¥3.3B
¥3.3B
Capital Surplus
¥3.2B
¥3.2B
¥3.2B
¥3.2B
¥3.2B
Retained Earnings
¥5.5B
¥5.3B
¥3.7B
¥2.8B
¥1.6B
Treasury Stock
¥-758M
¥-758M
¥-786M
¥-0M
¥-0M
AOCI
¥139M
¥765M
¥880M
¥855M
¥566M
Equity (owners)
¥11.2B
¥11.1B
¥9.4B
¥9.3B
¥8.1B
Minority Interests
¥848M
¥706M
¥473M
¥485M
¥449M
Total Interest-Bearing Debt ⓘ
¥11.1B
¥6.8B
¥5.5B
¥4.9B
¥5.4B
Net Cash ⓘ
¥-6.3B
¥-3.0B
¥-2.6B
¥-1.5B
¥-2.2B
NCAV ⓘ
¥-7.3B
¥-4.0B
¥-2.9B
¥-1.7B
¥-2.8B
NCAV/Share
¥-345
¥-190
¥-135
¥-80
¥-129
BV/Share
¥527
¥521
¥443
¥431
¥376
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥2.5B
¥4.0B
¥2.9B
¥2.9B
¥5.2B
Interest Paid
¥-144M
¥-64M
¥-39M
¥-40M
¥-35M
Interest Received
¥15M
¥25M
¥10M
¥4M
¥3M
D&A
¥1.8B
¥1.4B
¥1.4B
¥1.3B
¥1.2B
Goodwill Amort.
¥194M
¥99M
—
—
—
Investing CF
¥-4.9B
¥-3.8B
¥-2.7B
¥-1.8B
¥-2.4B
CapEx
¥3.8B
¥2.9B
¥2.2B
¥1.6B
¥1.5B
Purchase Investments
—
¥-105M
¥-196M
—
—
Proceeds from Invest.
—
¥30M
—
—
—
Financing CF
¥3.5B
¥646M
¥-741M
¥-909M
¥-1.8B
Dividends Paid
¥-276M
¥-212M
¥-152M
¥-151M
—
Share Buybacks
—
¥-0M
¥-786M
—
¥-0M
LT Debt Repaid
¥-1.7B
¥-1.5B
¥-1.5B
¥-1.8B
¥-1.1B
Free Cash Flow
¥-1.3B
¥1.1B
¥760M
¥1.3B
¥3.6B
Net Change in Cash
¥1.1B
¥849M
¥-485M
¥193M
¥953M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
3.5%
16.7%
10.0%
14.4%
28.1%
ROA
1.3%
7.1%
4.5%
6.3%
9.8%
EPS
¥19.07
¥87.01
¥47.21
¥62.94
¥96.55
DPS
¥13.00
¥13.00
¥10.00
¥7.00
¥7.00
BPS
¥533.37
¥556.75
¥484.03
¥470.85
¥402.44
FCF/Share
¥-62
¥51
¥36
¥58
¥169
NCAV/Share
¥-345
¥-190
¥-135
¥-80
¥-129
Payout Ratio
68.2%
14.9%
21.2%
11.1%
7.3%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 2
Date Activist Stake Event Flag Demands Source
2026-04-24
morio sase
32.51%
change
Passive
—
2023-06-01
morio sase
32.51%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
株式会社佐瀬興産
4,900
23.05%
2
佐瀬 守男
1,595
7.50%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
1,376
6.48%
4
株式会社ニップン
1,078
5.07%
5
佐瀬 由美子
511
2.40%
6
サントリー株式会社
509
2.39%
7
オタフクソース株式会社
210
0.99%
8
株式会社J-オイルミルズ
210
0.99%
9
株式会社コシダカホールディングス
152
0.72%
10
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
96
0.45%
Domestic Nominees
6.9%
-0.9% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
43.1%
-0.2% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社佐瀬興産
23.06%
23.05%
23.05%
佐瀬 守男
7.66%
7.66%
7.50%
-0.16%
日本マスタートラスト信託銀行
6.75%
7.18%
6.48%
-0.70%
式会社ニップン
5.07%
5.07%
5.07%
佐瀬 由美子
2.41%
2.40%
2.40%
サントリー
2.40%
2.39%
2.39%
式会社J-オイルミルズ
0.99%
0.99%
0.99%
オタフクソース
0.99%
0.99%
0.99%
式会社コシダカホールディングス
0.72%
0.72%
0.72%
日本カストディ銀行
—
0.66%
0.45%
-0.21%
SMBC日興証券
last seen 2023
Exited Top 10
0.68%
—
—
Concentration (HHI)
ⓘ
676
682
669
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥387M
+62% since 2023
Holdings
3
+1 new
1 exited
Trend
Stable
vs 2023
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding