Overview
Services

RESOL HOLDINGS Co.,Ltd.

RESOL Holdings operates a diversified leisure and hospitality group in Japan, encompassing hotel management (RESOL Hotels tourist hotels and resort facilities), golf course operations (17 courses nationwide), and the RESOL no MORI experiential resort complex. The Group also provides employee welfare services via Life Support Club, renewable energy (solar power generation and sales), and investment/asset revitalization businesses. Key competitive strengths include integrated resort management expertise, a broad national footprint of owned and operated leisure assets, and a growing wellness and sustainability focus.

Market Cap
¥43.0B
US$274M
EV
¥52.0B
US$332M
Stock¥7,730▲+0.39%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
11.8
x
LTM EV/EBIT
16.7
x
LTM PER
16.9
x
LTM PBR
2.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+21.8%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 6, 25Stock rise on strong interim earnings
MC → EV Bridge
43.0BUS$274MMarket Cap13.0BUS$82.9M+ Debt3.93BUS$25.1M− Cash0.00BUS$0.00M− Inv. Sec.52.0BUS$332MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
20.9US$133M'22/322.1US$141M'23/325.7US$164M'24/328.4US$181M'25/330.4US$194M'26/3
EBITDA 5Y (¥B)
1.60US$10.2M'22/31.25US$8.00M'23/33.18US$20.3M'24/33.86US$24.6M'25/34.55US$29.0M'26/3
Net Income 5Y (¥B)
0.47US$3.02M'22/30.72US$4.60M'23/31.41US$9.00M'24/31.95US$12.4M'25/32.71US$17.3M'26/3
Capital Structure
59%
41%
EquityD/E 0.71xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.45US$22.0M17.3US$110M'22/35.22US$33.3M17.8US$113M'23/33.59US$22.9M15.3US$97.4M'24/34.10US$26.1M15.2US$96.9M'25/33.97US$25.3M13.4US$85.6M'26/3
Shareholders
Top 10 hold 60.2%
1
Mitsui Fudosan Co.,Ltd.
31.04%
2
KONAMI GROUP CORPORATION
20.38%
3
Japan Master Trust Bank, Ltd. (Retirement Benefit Trust Account – Misawa Homes Account)
6.15%
4
Business Partners' Stock Ownership Association
1.38%
5
Hideaki HIRATA
0.25%
6
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT (Standing Proxy: Citibank, N.A., Tokyo Branch)
0.23%
7
Motoyama Green Management Co., Ltd.
0.21%
8
BNP PARIBAS NEW YORK BRANCH - PRIME BROKERAGE CLEARANCE ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
0.19%
9
SMBC Nikko Securities Inc.
0.18%
10
Take One Co., Ltd.
0.17%
Management
10 officers
Hideaki HIRATA
Director, Chairman of the Board
Oct 1973: Joined Misawa Homes Co., Ltd. Jun 1989: Director, General Manager of Affiliated Companies Division, Misawa Homes Co., Ltd. Jul 1992: Managing Director, General Manager of Affiliated Companies Division, Misawa Homes Co., Ltd. Jun 1994: Representative Director, President, the Company Jun 2012: Director, Chairman of the Board, the Company Jun 2014: Representative Director, Chairman and Executive Officer, the Company Jun 2017: Representative Director, Chairman and Executive Officer, concurrently President and Executive Officer, the Company Dec 2017: Representative Director, Chairman, concurrently Chairman and Executive Officer, the Company Jun 2022: Director, Chairman of the Board, concurrently Chairman and Executive Officer, the Company (current)
1946-07-12
Masaru OSAWA
Representative Director, President
Apr 1990: Joined Tokai Bank, Ltd. (now MUFG Bank, Ltd.) Feb 2006: Joined the Company Jun 2015: Director, Executive Officer, General Manager of F.D. Division, the Company Apr 2018: Director, Executive Officer, General Manager of Administration Division, General Manager of Customer Relations Office, and in charge of Business Management Division, the Company Jul 2020: Director, Executive Officer, General Manager of Administration Division and Accounting Division, General Manager of Customer Relations Office, the Company Oct 2021: Director, Executive Officer, in charge of General Affairs and Accounting, General Manager of Customer Relations Office, the Company Jun 2022 Apr 2023: Representative Director, President, concurrently President and Executive Officer, the Company Representative Director, President, concurrently President and Executive Officer, in charge of Business Planning, the Company Apr 2026: Representative Director, President, concurrently President and Executive Officer, the Company (current)
1966-08-15
Naoto SANO
Director
Apr 2002: Joined the Company Apr 2020: Representative Director and General Manager of Resol Seimei no Mori Co., Ltd. (now Resol no Mori Co., Ltd.) Apr 2021: Representative Director, President, Resol Seimei no Mori Co., Ltd. Apr 2022: Senior Executive Officer of the Company Group, Representative Director, President, Resol Co., Ltd. Jun 2025: Director, Executive Officer in charge of Hotel and Golf Business, the Company; Representative Director, President, Resol Co., Ltd. (current) Concurrent position: Representative Director, President, Resol Co., Ltd.
1978-12-26
Yuki SOTANI
Director
Apr 2005: Joined the Company Dec 2017: Director and General Manager of Spa & Golf Resort Kuji, Resol Hotel Co., Ltd. (now Resol Co., Ltd.) Jun 2019: Director and Manager of Manago Country Club, Resol Seimei no Mori Co., Ltd. (now Resol no Mori Co., Ltd.) Apr 2021: Managing Director and Manager of Manago Country Club, the same company Apr 2022: Executive Officer of the Company Group, Representative Director, President, Resol no Mori Co., Ltd. Apr 2026: Executive Officer of the Company Group, Representative Director, Vice President and General Manager of Golf Business Division, Resol Co., Ltd. Jun 2026: Director, Executive Officer, the Company; Representative Director, Vice President and General Manager of Golf Business Division, Resol Co., Ltd. (current) Concurrent positions: Representative Director, Vice President, Resol Co., Ltd.; Representative Director, President, Ge Jay Kuji Co., Ltd.; Representative Director, President, Oatami Kokusai Golf Co., Ltd.; Representative Director, President, Setouchi Golf Resort Co., Ltd.
1982-08-18
Yuki IWABA
Director
Apr 1996: Joined Yusen Co., Ltd. (now U-NEXT HOLDINGS Co., Ltd.) Sep 2009: Joined Escrit Inc. Oct 2011: Joined the Company Apr 2018: General Manager of Accounting Division, Resol Co., Ltd. Dec 2020: General Manager of Internal Audit Office, the Company Jun 2023: Full-time Corporate Auditor, the Company Jun 2026: Director, Executive Officer in charge of Accounting, the Company (current)
1972-07-03
Yasushi KOJIMA
Full-time Corporate Auditor
Apr 1987: Joined Misawa Homes Co., Ltd. Nov 2002: Joined the Company Dec 2013: General Manager of Administration Division, the Company Dec 2014: General Manager of General Affairs and Human Resources Division, the Company Jun 2015: General Manager of General Affairs and Human Resources Division and General Manager of Compliance Office, the Company Oct 2015: Director, General Manager of Administration Division, Resol Co., Ltd. Mar 2019: General Manager of Internal Audit Office, the Company Jun 2019: Full-time Corporate Auditor, the Company Jun 2023 Apr 2026 Jun 2026: Director, Executive Officer in charge of General Affairs, the Company Director, Executive Officer, the Company Full-time Corporate Auditor, the Company (current)
1964-11-18
Kimihiko HIGASHIO
Director
Sep 1997: Joined Konami Co., Ltd. (now Konami Group Corporation) Jun 2005: Director, Konami Co., Ltd. Jun 2010: Director, the Company (current) Jan 2018: Director and Executive Vice President, Konami Holdings Corporation (now Konami Group Corporation) Jun 2019: Representative Director and Executive Vice President, the same company Apr 2020: Representative Director, President, the same company (current) Concurrent positions: Representative Director, President, Konami Group Corporation; Chairman, Kanto IT Software Health Insurance Association
1959-09-24
Makoto TOKUDA
Director
Apr 1987: Joined Mitsui Fudosan Co., Ltd. Apr 2022: Managing Executive Officer and General Manager of Solutions Partner Division, Mitsui Fudosan Co., Ltd. Apr 2023: Managing Executive Officer, Mitsui Fudosan Co., Ltd. Jun 2023: Director, Managing Executive Officer, Mitsui Fudosan Co., Ltd. Apr 2024: Director, Senior Managing Executive Officer, Mitsui Fudosan Co., Ltd. Jun 2025: Director, the Company (current) Apr 2026: Director, Vice President Executive Officer, Mitsui Fudosan Co., Ltd. (current) Concurrent positions: Director, Vice President Executive Officer, Mitsui Fudosan Co., Ltd.; Outside Director, Imperial Hotel, Ltd.; Outside Director, Oasama Golf Co., Ltd.
1964-04-13
Hirofumi ITO
Corporate Auditor
Apr 1990: Joined Mitsui Fudosan Co., Ltd. Apr 2014: General Manager of Business Group, Operations Planning Department, Building Division, Mitsui Fudosan Co., Ltd. Apr 2017: General Manager of Business Promotion Department, seconded to Mitsui Fudosan Facilities Co., Ltd. Apr 2019: Director, Executive Officer, General Manager of Business Promotion Department, the same company Apr 2023: General Manager of Related Business Division, Mitsui Fudosan Co., Ltd. (current) Jun 2023: Corporate Auditor, the Company (current) Concurrent positions: General Manager of Related Business Division, Mitsui Fudosan Co., Ltd.; Representative Director, President, Mitsui Fudosan Golf Properties Co., Ltd.; Representative Director, President, Mitsui Fudosan Loan Guarantee Co., Ltd.
1966-11-12
Manabu MIZUTANI
Corporate Auditor
Jul 1980: Joined Showa Audit Corporation (now EY ShinNihon LLC) Dec 1989: Joined PCA Corporation Jun 1994: Director, the same company May 2000: Managing Director, the same company Apr 2006: Senior Managing Director, the same company Jun 2006: Vice President and Director, the same company Jun 2007: Representative Director, President, the same company Jun 2018: Director and Senior Advisor, the same company Jun 2021: Corporate Auditor, the Company (current) Concurrent positions: Honorary Advisor, Japan Software Association (general incorporated association); Certified Public Accountant, Manabu Mizutani Office
1958-03-06
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Sep 2024
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →