Ikyu.com

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Ikyu.com - overview

Established

1998

Location

Tokyo, Tokyo, Japan

Primary Industry

Internet

About

Ikyu Corporation operates an online platform for booking premium accommodations and dining experiences in Japan, enhancing customer experiences through a comprehensive reservation system. Founded in 1998 in Tokyo, Japan, Ikyu Corporation focuses on facilitating online reservations for premium accommodations and dining. The company has not undergone any significant changes in its business strategy or operations since its inception. It operates independently with no known parent or subsidiary companies.


Jun Sakaki and Mike Honda currently lead the company as CEO. Ikyu Corporation specializes in the online reservation of premium accommodations and dining experiences throughout Japan, aiming to enhance the customer journey through their platform. Their core offerings include a comprehensive booking system for domestic hotels, restaurants, spas, and overseas accommodations, as well as a retail service for regional specialties and hometown tax donations. The company’s services cater primarily to both individual consumers seeking high-quality experiences and corporate clients requiring sophisticated travel solutions.


Ikyu's platform facilitates seamless online transactions, enabling users to reserve upscale lodgings and dining venues that showcase Japan's rich cultural heritage. Targeted geographical markets include major urban centers across Japan, as well as select international destinations where Japanese hospitality is highly sought after. Ikyu Corporation generates revenue through a commission-based model for its reservation services. The company’s transactions typically involve direct relationships with customers, who use the platform to book accommodations and dining experiences.


Each booking processed through their system incurs a fee, contributing to the overall revenue stream. The pricing structure accommodates a range of clients, from individual consumers to businesses, fostering partnerships with hotels and restaurants to provide a premium service. Specific pricing for reservations is determined at the time of booking, reflecting the quality and exclusivity of the offerings, ensuring a profitable operation without disclosing particular financial figures.


Primary Industry

Internet

Sub Industries

Hospitality Services, Hotels & Accommodations, Travel & Tourism, Internet

Website

www.ikyu.co.jp

Total Amount Raised

Subscriber access only

Ikyu.com - financials

Fiscal Year EndedMar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)----
Operating Income (USD)----
Operating Margin----
% EBITDA Margin----
NET Income (USD)2,669,910,000---
% Net Margin----

Ikyu.com - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series CCompletedEZTABLE-

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Ikyu.com - employee data

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