Komori
Financial results presentation2378RENAISSANCE,INCORPORATEDInformation and Communications, Services and Others

Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

For the six months ended September 2026, revenue and profit exceeded the previous year and plan due to the effects of price revisions, business acquisitions and M&A. Based on this, the full-year forecasts for revenue, operating profit and ordinary profit were revised upward, while the forecast for net income attributable to owners of the parent was left unchanged.

Worth reading
71In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
600
¥ million (full-year forecast increases for operating income and ordinary income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter (interim period) of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥33,541 million+5.8%
Operating profit¥840 million
Ordinary income¥416 million
Net income¥176 million +618.0%first-half net income attributable to owners of the parent
Full-year earnings forecast
Net Sales
¥68,500 million
Operating profit
¥2,400 million
Ordinary income
¥1,500 million
Profit attributable to owners of the parent
¥500 million
Earnings per share
¥25.38
Dividend per share
¥13interim ¥4.0; year-end ¥9.0
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and profit at each stage are progressing steadily, exceeding plan.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue¥1,838 million
  • Cost of revenue¥123 million
  • Sales promotion expenses¥-91 million
  • Personnel expenses¥-674 million
  • Utilities expenses¥-257 million
  • Other facility expenses, etc.¥-158 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The October 2026 sports club price revisions, higher membership fee revenue and further cost improvements
New initiatives
  • Commencement of operations at 7 locations acquired in the sports club business
  • Acquisition of 5 nursing-care rehabilitation facilities
  • Commencement of operations at 5 public facilities
  • Joint research agreement on school swimming with the Nakagusuku Village Board of Education and the Faculty of Education at the University of the Ryukyus
  • Launch of operations under a new investment review structure
  • Launch of sales of the new product “ふみころん”
Key KPIsA metric the company considers important as a management benchmark.
  • Total membership455,914 people
    Year-on-year (%)0.3
  • Fitness club membership260,709 people
    Year-on-year (%)-0.7
  • School membership195,205 people
    Year-on-year (%)1.6
  • Same-store sales
    Year-on-year (%)5.2
  • Membership fee per member¥10,414
  • Churn rate3 %
  • Number of group facilities342 Facility
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Total membership455,914 people
    Year-on-year (%)0.3
  • Membership fee per member¥10,414
Segment results
Sports Clubs and Related Businesses
Net Sales
¥29,957 million
Year-on-year (%)5.2
Segment profit
¥2,451 million
Home Fitness Business
Net Sales
¥1,782 million
Year-on-year (%)-15.1
Segment profit
¥332 million
Nursing Care and Rehabilitation Business
Net Sales
¥1,801 million
Year-on-year (%)59.9
Segment profit
¥-11 million
Medium-term management plan targets
A five-year plan for fiscal 2026 through fiscal 2030. Fiscal 2026 and fiscal 2027 are positioned as a period for selectively investing in the business, reducing interest-bearing debt, preparing for the adoption of new lease accounting, reforming the sports club business’s earnings structure, and reforming and streamlining head office operations.
Number of stores and locations
Number at period-end342 facilities in total for the Group (341 in Japan and 1 overseas)
Stores opened during the period17
Stores closed during the period5
Annual Dividend
¥13.0 per share (interim ¥4.0; year-end ¥9.0)
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2027
Net Sales¥33,541 million (YoY +5.8%)
Operating profit¥840 million
Ordinary income¥416 million
Net income¥176 million (first-half net income attributable to owners of the parent) (YoY +618.0%)
Full-year earnings forecastNet Sales ¥68,500 million / Operating profit ¥2,400 million / Ordinary income ¥1,500 million / Profit attributable to owners of the parent ¥500 million / Earnings per share ¥25.38 / Dividend per share ¥13 (interim ¥4.0; year-end ¥9.0)
Self-assessment against the planRevenue and profit at each stage are progressing steadily, exceeding plan.
Segment resultsSports Clubs and Related Businesses Net Sales ¥29,957 million / Segment profit ¥2,451 million / Home Fitness Business Net Sales ¥1,782 million / Segment profit ¥332 million / Nursing Care and Rehabilitation Business Net Sales ¥1,801 million / Segment profit ¥-11 million
Breakdown of Factors Affecting the ChangeFactors Revenue / Amount ¥1,838 million, Factors Cost of revenue / Amount ¥123 million, Factors Sales promotion expenses / Amount ¥-91 million, Factors Personnel expenses / Amount ¥-674 million, Factors Utilities expenses / Amount ¥-257 million, Factors Other facility expenses, etc. / Amount ¥-158 million
Key KPIsIndicator name Total membership / Value 455,914 people / Year-on-year (%) 0.3 people, Indicator name Fitness club membership / Value 260,709 people / Year-on-year (%) -0.7 people, Indicator name School membership / Value 195,205 people / Year-on-year (%) 1.6 people, Indicator name Same-store sales / Value Not disclosed / Year-on-year (%) ¥5.2 million, Indicator name Membership fee per member / Value ¥10,414 / Year-on-year (%) Not disclosed, Indicator name Churn rate / Value 3 % / Year-on-year (%) Not disclosed, Indicator name Number of group facilities / Value 342 Facility / Year-on-year (%) Not disclosed
Unit price and quantity metricsIndicator name Total membership / Value 455,914 people / Year-on-year (%) 0.3 people, Indicator name Membership fee per member / Value ¥10,414 / Year-on-year (%) Not disclosed
Number of stores and locationsNumber at period-end 342 facilities in total for the Group (341 in Japan and 1 overseas) / Stores opened during the period 17 / Stores closed during the period 5
Assumptions Underlying the Business OutlookThe October 2026 sports club price revisions, higher membership fee revenue and further cost improvements
Medium-term management plan targetsA five-year plan for fiscal 2026 through fiscal 2030. Fiscal 2026 and fiscal 2027 are positioned as a period for selectively investing in the business, reducing interest-bearing debt, preparing for the adoption of new lease accounting, reforming the sports club business’s earnings structure, and reforming and streamlining head office operations.
Annual Dividend¥13.0 per share (interim ¥4.0; year-end ¥9.0)
New initiativesCommencement of operations at 7 locations acquired in the sports club business, Acquisition of 5 nursing-care rehabilitation facilities, Commencement of operations at 5 public facilities, Joint research agreement on school swimming with the Nakagusuku Village Board of Education and the Faculty of Education at the University of the Ryukyus, Launch of operations under a new investment review structure, Launch of sales of the new product “ふみころん”
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Higher membership fees resulting from the sports club price revisions, higher revenue and profit from the acquisition of the sports club and nursing-care rehabilitation businesses and M&A, and company-wide cost controls contributed to the increase in profit. The full-year forecast was revised upward based on the expected increase in membership fee revenue from the October 2026 price revisions and further cost improvements. The net income forecast was left unchanged after taking into account the possibility of losses associated with the closure of certain facilities.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | RENAISSANCE,INCORPORATED (2378) timely disclosure | Komori