CROOZ Achieves Profitability with Rapid Growth in IT Business, Launches "Fourth Founding" with Hotel Conversion as New Core Business, Targeting 600M Yen Operating Profit
CROOZ, Inc. announced in its fiscal year ending March 2026 results that rapid growth in its IT outsourcing business has turned the company profitable, reversing a loss of over 1 billion yen. Branding this a "complete comeback," the company is launching its "Fourth Founding" with a new "Hotel Conversion Business." It aims to tackle Japan's lodging infrastructure shortage and projects an operating profit of 600 million yen for the current fiscal year, driven primarily by this new venture.
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- 📰 Published: May 19, 2026 at 00:30
- 🔍 Collected: May 18, 2026 at 16:01
- 🤖 AI Analyzed: May 18, 2026 at 17:22 (1h 20m after Collected)
CROOZ, Inc. (Headquarters: Shibuya-ku, Tokyo; President: Koji Kobuchi; Stock Code: 2138; hereinafter "the Company") announced its full-year financial results for the fiscal year ending March 2026 on May 13, 2026. We are pleased to announce that in the full-year results for the fiscal year ending March 2026, the company has achieved a turnaround to profitability in operating income, marking a complete comeback, thanks to the rapid growth of its existing businesses. Accordingly, the Company will launch its "Fourth Founding" by establishing the "Hotel Conversion Business" as its new core growth strategy, leveraging its IT expertise and AI technology to tackle a national challenge. For details on the financial results presentation materials and briefing videos announced this time, please refer to the financial results presentation materials.
Summary of Full-Year Performance for FYE March 2026
■ "Proof of Complete Comeback" through the Leap of Existing Businesses
In the full-year financial results for the fiscal year ending March 2026, the Company broke away from the previous year's operating loss and achieved a complete return to operating profitability. The driving force behind this was the IT outsourcing business, centered on SES and caregiver dispatch services. This business has continued to grow steadily since its inception, with fourth-quarter sales reaching approximately 2.4 billion yen, a 160.7% increase year-on-year. Full-year sales reached about 7.7 billion yen, exceeding the mid-term management plan's target by 113.4%. This has resulted in a robust business portfolio that has dispelled concerns of losses, setting the stage for the next phase of growth.
The Dawn of the Fourth Founding: A Shift to the Hotel Conversion Business
■ The Dawn of the Fourth Founding: A Shift to the Hotel Conversion Business
The Company will invest its 25 years of IT experience and AI technology to solve one of Japan's biggest national challenges: the shortage of accommodation infrastructure. The government's goal of attracting 60 million inbound tourists by 2030 faces a serious bottleneck due to soaring construction costs and a slowdown in new developments.
To address this issue, the Company will promote a "Hotel Conversion Business" to rapidly transform existing buildings into high-value-added hotels. By acquiring small and medium-sized buildings in urban centers and renovating them at an overwhelming speed of 90 days on average, we will maximize asset value. This model, which is expected to generate an operating profit of approximately 500 million yen per building, is positioned as the future growth engine for the entire group. For more details, please refer to the "Business Explanation Materials."
Full-Year Performance Forecast for FYE March 2027
■ Full-Year Performance Forecast for FYE March 2027 and Future Outlook: Becoming a Pillar of a Tourism-Oriented Nation
For the current fiscal year, we forecast consolidated sales of 18.0 billion yen (150% YoY) and an operating profit of approximately 600 million yen, with over 90% of this profit expected to be generated by the Hotel Conversion Business. Under the vision of "Proving the true value of our land and becoming a world-class tourism nation," the Company will promote the hotel conversion business to turn the national challenge of accommodation shortages into a major growth opportunity. Japan's four distinct seasons, unique food culture, and meticulous "omotenashi" hospitality are our nation's greatest strengths and assets. To maximize the true value of these priceless tourism resources, the Company will leverage its high-speed PDCA cycle and AI technology cultivated in the IT business to create and share Japan's "future" of accommodation experiences with the world. We will expand not only in urban centers but throughout the country, aiming to achieve overwhelming business growth and enhance corporate value as a key player in Japan's tourism industry.
■ Regarding the Full-Year Financial Results Presentation Materials for FYE March 2026 (25th Term)
For details, please refer to the disclosure documents below.
FYE March 2026 (25th Term) Full-Year Financial Results Presentation Materials
FYE March 2026 (25th Term) Full-Year Financial Results Data Book
FYE March 2026 (25th Term) Full-Year Business Explanation Materials
FYE March 2026 (25th Term) Full-Year Financial Results Briefing Video
About CROOZ, Inc.
With the vision of "Proving the true value of our land and becoming a world-class tourism nation," we transform urban building assets into the best accommodation hubs to welcome the world. We are a company challenging to become a pillar of tourism-oriented Japan by rediscovering the true value of real estate and evolving it into hotels of overwhelming value. https://crooz.co.jp
【Inquiries regarding this release】
CROOZ, Inc. PR: Moroto, Matsuoka
Email: crooz_pr@crooz.co.jp
Summary of Full-Year Performance for FYE March 2026
■ "Proof of Complete Comeback" through the Leap of Existing Businesses
In the full-year financial results for the fiscal year ending March 2026, the Company broke away from the previous year's operating loss and achieved a complete return to operating profitability. The driving force behind this was the IT outsourcing business, centered on SES and caregiver dispatch services. This business has continued to grow steadily since its inception, with fourth-quarter sales reaching approximately 2.4 billion yen, a 160.7% increase year-on-year. Full-year sales reached about 7.7 billion yen, exceeding the mid-term management plan's target by 113.4%. This has resulted in a robust business portfolio that has dispelled concerns of losses, setting the stage for the next phase of growth.
The Dawn of the Fourth Founding: A Shift to the Hotel Conversion Business
■ The Dawn of the Fourth Founding: A Shift to the Hotel Conversion Business
The Company will invest its 25 years of IT experience and AI technology to solve one of Japan's biggest national challenges: the shortage of accommodation infrastructure. The government's goal of attracting 60 million inbound tourists by 2030 faces a serious bottleneck due to soaring construction costs and a slowdown in new developments.
To address this issue, the Company will promote a "Hotel Conversion Business" to rapidly transform existing buildings into high-value-added hotels. By acquiring small and medium-sized buildings in urban centers and renovating them at an overwhelming speed of 90 days on average, we will maximize asset value. This model, which is expected to generate an operating profit of approximately 500 million yen per building, is positioned as the future growth engine for the entire group. For more details, please refer to the "Business Explanation Materials."
Full-Year Performance Forecast for FYE March 2027
■ Full-Year Performance Forecast for FYE March 2027 and Future Outlook: Becoming a Pillar of a Tourism-Oriented Nation
For the current fiscal year, we forecast consolidated sales of 18.0 billion yen (150% YoY) and an operating profit of approximately 600 million yen, with over 90% of this profit expected to be generated by the Hotel Conversion Business. Under the vision of "Proving the true value of our land and becoming a world-class tourism nation," the Company will promote the hotel conversion business to turn the national challenge of accommodation shortages into a major growth opportunity. Japan's four distinct seasons, unique food culture, and meticulous "omotenashi" hospitality are our nation's greatest strengths and assets. To maximize the true value of these priceless tourism resources, the Company will leverage its high-speed PDCA cycle and AI technology cultivated in the IT business to create and share Japan's "future" of accommodation experiences with the world. We will expand not only in urban centers but throughout the country, aiming to achieve overwhelming business growth and enhance corporate value as a key player in Japan's tourism industry.
■ Regarding the Full-Year Financial Results Presentation Materials for FYE March 2026 (25th Term)
For details, please refer to the disclosure documents below.
FYE March 2026 (25th Term) Full-Year Financial Results Presentation Materials
FYE March 2026 (25th Term) Full-Year Financial Results Data Book
FYE March 2026 (25th Term) Full-Year Business Explanation Materials
FYE March 2026 (25th Term) Full-Year Financial Results Briefing Video
About CROOZ, Inc.
With the vision of "Proving the true value of our land and becoming a world-class tourism nation," we transform urban building assets into the best accommodation hubs to welcome the world. We are a company challenging to become a pillar of tourism-oriented Japan by rediscovering the true value of real estate and evolving it into hotels of overwhelming value. https://crooz.co.jp
【Inquiries regarding this release】
CROOZ, Inc. PR: Moroto, Matsuoka
Email: crooz_pr@crooz.co.jp