• Consistent growth strategy – Polaris beat FY3/26 guidance and expectations with a strong showing in Q4 FY3/26 amid an evolving market environment, with existing RevPAR up 12.3% YoY, and sustaining double-digit underlying OPM. With the Minacia PMI completed, the company has built a solid foundation to pursue growth initiatives, encompassing a multifaceted approach that includes market-share gains through new hotel openings, diversification of hotel brands and portfolio with a pivot towards more upscale offerings, and the stimulation of domestic demand. Management is also taking a balanced approach to targeting growth and shareholder returns by maintaining flat dividends YoY (DPS increased YoY to ¥5 in FY3/26).
