The Kyoto Hotel Ratios and Metrics

Market cap in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Feb '26 Feb 13, 2026	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007
Market Capitalization	7,686	4,020	3,988	4,319	5,167	6,209
Market Cap Growth	-1.69%	0.78%	-7.65%	-16.41%	-16.78%	-52.17%
Enterprise Value	-	19,433	19,032	20,100	21,377	22,939
Last Close Price	640.00	372.51	365.14	394.38	468.40	559.50
PE Ratio	-	-	43.83	45.41	24.33	15.83
PS Ratio	0.79	0.41	0.40	0.46	0.49	0.59
PB Ratio	4.03	2.11	2.03	2.27	2.79	3.64
P/TBV Ratio	4.20	2.20	2.15	2.45	2.84	3.72
P/FCF Ratio	-	-	5.07	6.76	10.03	6.29
P/OCF Ratio	20.39	10.66	4.08	6.19	5.72	5.12
EV/Sales Ratio	-	2.00	1.92	2.12	2.04	2.17
EV/EBITDA Ratio	-	15.21	13.40	13.93	12.39	13.13
EV/EBIT Ratio	-	39.50	29.33	31.56	23.04	22.56
EV/FCF Ratio	-	-	24.18	31.45	41.52	23.24
Debt / Equity Ratio	8.21	8.21	8.01	8.68	9.22	10.46
Debt / EBITDA Ratio	12.25	12.25	11.08	11.46	9.90	10.21
Debt / FCF Ratio	-	-	19.99	25.87	33.18	18.07
Net Debt / Equity Ratio	7.82	7.82	7.45	8.06	8.47	9.49
Net Debt / EBITDA Ratio	11.67	11.67	10.30	10.64	9.11	9.26
Net Debt / FCF Ratio	-281.49	-281.49	18.58	24.02	30.51	16.40
Asset Turnover	0.48	0.48	0.48	0.44	0.47	0.46
Inventory Turnover	23.14	23.14	22.65	19.12	20.37	20.03
Quick Ratio	0.31	0.31	0.09	0.40	0.44	0.49
Current Ratio	0.42	0.42	0.10	0.45	0.49	0.54
Return on Equity (ROE)	-2.17%	-2.17%	4.71%	5.06%	11.94%	25.88%
Return on Assets (ROA)	1.53%	1.53%	1.96%	1.86%	2.60%	2.78%
Return on Invested Capital (ROIC)	2.90%	2.94%	2.10%	2.57%	3.19%	4.98%
Return on Capital Employed (ROCE)	3.10%	3.10%	19.70%	3.80%	5.30%	5.60%
Earnings Yield	-0.55%	-1.04%	2.28%	2.20%	4.11%	6.32%
FCF Yield	-0.69%	-1.32%	19.73%	14.80%	9.97%	15.90%
Dividend Yield	0.48%	0.80%	0.82%	0.76%	0.64%	0.54%
Payout Ratio	-	-	32.97%	31.92%	14.26%	-
Buyback Yield / Dilution	0.02%	0.02%	0.01%	0.07%	0.05%	0.04%
Total Shareholder Return	0.49%	0.82%	0.83%	0.83%	0.69%	0.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.