Overview
Services

GREENLAND RESORT COMPANY LIMITED

Greenland Resort Co., Ltd. operates integrated leisure facilities across Japan, including amusement parks (Greenland in Kyushu and Hokkaido Greenland), golf courses (three courses in Kyushu), and hotels (multiple properties in Kyushu and Hokkaido). The company also conducts real estate sales and leasing, as well as civil engineering and construction materials manufacturing, sales, and transportation through its subsidiaries. Its core leisure operations serve general consumers seeking family-oriented resort experiences in Kumamoto/Fukuoka and Hokkaido regions.

Market Cap
¥6.16B
US$39.3M
EV
¥11.6B
US$74.0M
Stock¥596▼-0.17%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
11.5
x
LTM EV/EBIT
18.0
x
LTM PER
12.5
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-25.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
6.16BUS$39.3MMarket Cap6.44BUS$41.1M+ Debt0.37BUS$2.39M− Cash0.63BUS$3.99M− Inv. Sec.11.6BUS$74.0MEV
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Performance & Balance
Revenue 5Y (¥B)
5.75US$36.7M'21/125.73US$36.6M'22/126.41US$40.9M'23/126.41US$40.9M'24/126.45US$41.1M'25/12
EBITDA 5Y (¥B)
0.43US$2.74M'21/121.09US$6.97M'22/121.21US$7.73M'23/121.11US$7.07M'24/121.09US$6.96M'25/12
Net Income 5Y (¥B)
-1.48-US$9.42M'21/120.43US$2.73M'22/120.46US$2.95M'23/120.53US$3.41M'24/120.49US$3.11M'25/12
Capital Structure
62%
38%
EquityD/E 0.60xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
0.96US$6.11M7.03US$44.8M'21/120.96US$6.11M6.20US$39.6M'22/120.73US$4.68M5.54US$35.4M'23/120.74US$4.73M5.55US$35.4M'24/121.07US$6.79M6.47US$41.3M'25/12
Shareholders
Top 10 hold 45.4%
1
SAIBU GAS HOLDINGS CO.,LTD.
14.64%
2
Seibu Gas Urban Development Co., Ltd.
4.85%
3
The Higo Bank, Ltd.
4.84%
4
NIPPON PARKING DEVELOPMENT Co.,Ltd.
4.71%
5
Nishi-Nihon Maintenance Co., Ltd.
3.87%
6
NIPPON COKE & ENGINEERING COMPANY,LIMITED
2.63%
7
The Nishi-Nippon City Bank, Ltd.
2.52%
8
Omuta Gas Co., Ltd.
2.48%
9
Sanoyas Ride Co., Ltd.
2.42%
10
Kyushu Gas Pressure Transport Co., Ltd.
2.42%
Management
11 officers
Takanori MATSUNO
Representative Director, President and Executive Officer
Apr 1987 Joined the Company Mar 2005 General Manager, General Affairs Department, the Company Mar 2009 Representative Director and President, Greenland Service Co., Ltd. Mar 2011 Director, General Manager, General Affairs Department and General Manager, Golf Business Division, the Company; in charge of Greenland Service Co., Ltd. Apr 2013 Director, General Manager, General Affairs Department and General Manager, Golf Business Division, the Company Mar 2015 Managing Director, General Manager, Amusement Park Business Division, the Company Feb 2016 Managing Director, General Manager, Amusement Park Business Division and Sales Department Manager, the Company Mar 2017 Managing Director, General Manager, Amusement Park Business Division and Sales Department Manager; in charge of Golf Business Division and Facilities Department, the Company May 2017 Managing Director, General Manager, Amusement Park Business Division, Sales Department Manager and Facilities Department Manager; in charge of Golf Business Division, the Company Mar 2019 Deputy President, the Company; in charge of Ariake Resort City Co., Ltd. and Sorachi Resort City Co., Ltd. Apr 2020 Representative Director and President, Ariake Resort City Co., Ltd. Mar 2023 Representative Director and President, the Company (current) Mar 2025 President and Executive Officer, the Company (current)
1963-07-21
Naofumi TERADA
Director, Managing Executive Officer
Apr 1989 Joined the Company Jan 2008 Deputy General Manager, Amusement Park Business Division and Manager, Event Planning and Publicity Section, the Company Mar 2013 General Manager, Sales Department, the Company Mar 2015 General Manager, Accounting Department, the Company Mar 2017 Director, General Manager, Accounting Department, the Company Jun 2018 Director, General Manager, Management Administration Office, the Company Mar 2019 Director, General Manager, Amusement Park Business Division and Sales Department Manager, the Company Mar 2025 Director, Managing Executive Officer, the Company (current) Representative Director and President, Sorachi Resort City Co., Ltd. (current)
1966-07-16
Kenji SAEKI
Director, Managing Executive Officer; General Manager, Amusement Park Business Division and Sales Department Manager
Apr 1991 Joined the Company Apr 2014 Deputy General Manager, Accounting Department, the Company Sep 2014 Deputy General Manager, Accounting Department and Manager, President's Office, the Company Mar 2017 General Manager, General Affairs Department and Manager, President's Office, the Company Jun 2018 Seconded to Ariake Resort City Co., Ltd.; Director and General Manager, Branca, the same company Mar 2019 Manager, Management Administration Office, the Company Mar 2021 Director, Manager, Management Administration Office, the Company Mar 2025 Director, Managing Executive Officer, General Manager, Amusement Park Business Division, the Company Mar 2026 Director, Managing Executive Officer; General Manager, Amusement Park Business Division and Sales Department Manager, the Company (current)
1968-08-15
Hiroto TOMIYAMA
Director, Executive Officer; Manager, Management Administration Office
Apr 1994 Joined the Company Apr 2019 Deputy General Manager, Amusement Park Business Division; Manager, Event Planning Section and Publicity and Public Relations Section, the Company Apr 2023 General Manager, Amusement Park Business Division; Park Manager and Manager, Publicity and Public Relations Section, the Company Jun 2023 General Manager, Amusement Park Business Division and Park Manager, the Company Mar 2025 Director, Executive Officer; Manager, Management Administration Office, the Company (current)
1971-04-13
Hiromasa TANAKA
Director, Executive Officer; Head of Management Administration Office (in charge of General Affairs and Human Resources)
Apr 1987 Joined the Company Jan 2006 General Manager, Members Golf Business Division, the Company Jan 2008 Deputy General Manager, Sales Department, the Company Jan 2008 Director and General Manager, Branca, Ariake Resort City Co., Ltd. Feb 2009 Deputy General Manager, Sales Department and Manager, President's Office, the Company Jun 2010 Deputy General Manager, Sales Department, the Company Mar 2011 Managing Director, Greenland Development Co., Ltd. Mar 2013 Representative Director and President, Greenland Development Co., Ltd. Mar 2015 Director, General Manager, General Affairs Department and General Manager, Golf Business Division, the Company Mar 2017 Director, the Company; Representative Director and President, Greenland Development Co., Ltd. Jun 2018 Director, General Manager, Real Estate Business Division, the Company Jan 2024 Director, in charge of special matters, the Company Aug 2024 Director, in charge of Greenland Resort Golf Course, Golf Business Division, the Company Oct 2024 Director, General Manager, Golf Business Division, the Company Mar 2025 Director, Executive Officer, General Manager, Sales Department; Representative Director and President, Ariake Resort City Co., Ltd. Mar 2026 Director, Executive Officer, Head of Management Administration Office (in charge of General Affairs and Human Resources), the Company (current)
1962-04-04
Masahiko OKABE
Full-time Audit & Supervisory Board Member
Oct 1985 Joined the Company Oct 2004 Manager, Hirokawa Golf Course, Members Golf Business Division, the Company Jul 2009 Manager, Greenland Resort Golf Course, Golf Business Division, the Company Jul 2010 Manager, Accounting Section, Accounting Department, the Company Jun 2016 Seconded to Sorachi Resort City Co., Ltd.; General Manager, Administration Department, the same company Mar 2017 Seconded to Sorachi Resort City Co., Ltd.; Director and General Manager, Administration Department, the same company Mar 2019 Full-time Audit & Supervisory Board Member, the Company (current)
1963-01-13
Tetsuro NAKAO
Audit & Supervisory Board Member
Apr 1993 Registered as attorney-at-law Dec 1995 Head, Nakao Sogo Law Office (Law Corporation) (current) Mar 2007 Outside Audit & Supervisory Board Member, the Company (current)
1952-01-08
Tadayoshi MIZUMOTO
Audit & Supervisory Board Member
Apr 1961 Joined Kumamoto Regional Taxation Bureau Jul 1993 Director, Amakusa Tax Office Jul 2000 Director, Oita Tax Office Jul 2001 Head, Mizumoto Tax Accountant Office Oct 2004 Audit & Supervisory Board Member, Ariake Resort City Co., Ltd. Mar 2011 Outside Audit & Supervisory Board Member, the Company (current) Apr 2024 Representative Partner, Aoitori Support Tax Accountant Corporation (current)
1942-08-23
Naoki FUJITA
Audit & Supervisory Board Member
Oct 1985 Joined Ota Showa & Co. (now EY ShinNihon LLC) Jul 2012 Head, Certified Public Accountant Naoki Fujita Office (current) Mar 2015 Outside Audit & Supervisory Board Member, the Company (current)
1953-06-12
Yudai YOSHIMURA
Director
Apr 1991 Joined Seibu Gas Co., Ltd. (now Seibu Gas Holdings Co., Ltd.) Apr 2018 General Manager, Human Resources and Labor Relations Department, Seibu Gas Holdings Co., Ltd. Apr 2021 General Manager, Digital Strategy Department, Seibu Gas Holdings Co., Ltd. Apr 2022 General Manager, Digital Strategy Department, Seibu Gas Holdings Co., Ltd. Apr 2025 Executive Officer, General Manager, General Affairs and Public Relations Department, Seibu Gas Holdings Co., Ltd. (current) Executive Officer, General Manager, General Affairs Department, Seibu Gas Co., Ltd. (current) Mar 2026 Outside Director, the Company (current)
1968-07-14
Akiko OTSUKA
Director
Apr 1992 Joined Higo Bank, Ltd. Apr 2014 Deputy Planning Manager, Business Planning Group, Business Management Division, Higo Bank, Ltd. Jun 2016 Seconded to Kyushu Financial Group, Inc.; Senior Manager, Business and IT Management Division Apr 2019 Group Leader, Legal and Compliance Management Group, CR Management Division, Higo Bank, Ltd. Apr 2021 Seconded to Kyushu Financial Group, Inc.; General Manager, Public Relations and Investor Relations Department Apr 2024 Executive Officer, General Manager, Public Relations and Investor Relations Department, Kyushu Financial Group, Inc. Mar 2025 Outside Director, the Company (current) Apr 2025 Director and Audit and Supervisory Committee Member, Higo Bank, Ltd. (current)
1969-10-24
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-10
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-10
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-13
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-09
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-13
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-28
Annual Securities Report
Period: Jan 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
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-15
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-13
Quarterly Securities Report
EDINET
2021-03-30
Annual Securities Report
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