Kyoritsu Maintenance Co, Ltd

Chiyoda, Japanwww.kyoritsugroup.co.jp
Invested through
  • Triodos Pioneer Impact Fund
  • Triodos Global Equities Impact Fund
  • Triodos Impact Mixed Fund - Defensive
  • Triodos Impact Mixed Fund - Neutral
  • Triodos Impact Mixed Fund - Offensive
Asset ClassesListed equity
Impact strategyImpact Equities and Bonds
Bloomberg ticker9616 JP
ISIN codeJP3253900009
Industry groupHotels, Restaurants & Leisure
Aligned with SDGs
  • No poverty
  • Quality Education
  • Gender Equality

Kyoritsu Maintenance is a Japanese company active in the hotels, restaurants & leisure industry. Founded in 1979, the company operates student dormitories (30% of sales), hotels (40%), Japanese onsen (hot spa) resorts (20%) and provides food services to schools, hospitals and nursing homes (10%). The company is particularly known for its regional fresh food offering at its hotels and resorts. In the hotels around 30% of customers are foreign tourists while the resorts are mainly visited by Japanese families.

Investment rationale

Kyoritsu Maintenance provides decent and affordable housing to 40,000 students and young professionals. Through the development and operations of onsen resort hotels the company is stimulating rural economies by providing employment and sourcing fresh food from local farmers. Onsens are Japanese hot springs where the hot water contains many minerals that can have various health benefits. In the food service business the company has public-private partnerships with local government, hospitals, schools and nursing homes to provide healthy and fresh lunches and dinners.