Results for this period
Full year1 March 2025–28 February 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
At the hotel business, delays in launching sales and insufficient demand capture in the first half, together with sluggish reservations at the outdoor resort facility, weighed on results. In the apartment building front-desk services business, the withdrawal from unprofitable properties and higher personnel and other costs led to lower revenue and profit. In contrast, profit increased in the cleaning business as a result of withdrawing from unprofitable customers and reviewing management costs, and in the convenience store business as a result of higher customer traffic, a stable supply of higher-value-added products and labor-saving measures. Overall, a loss on management of an investment partnership, impairment losses and a reversal of deferred tax assets also weighed on earnings.
There is a description of matters and events that could raise substantial doubt about the going-concern assumption. Although the Company could lose the benefit of time under its financing arrangements if it breaches financial covenants, no material uncertainty affecting the going-concern assumption is recognized at present, given discussions with financial institutions and measures to improve profitability. The note on the going-concern assumption states: “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥7,902 million (YoY +1.0%) |
| Operating profit | ¥130 million (YoY -69.2%) |
| Ordinary income | ¥-63 million |
| Profit attributable to owners of the parent | ¥-1,139 million |
| Net income per share | -¥230.91 |
| Operating Margin | 1.6% (5.4% in the previous fiscal year) |
| Equity ratio | End of the current fiscal period 30.1 / End of previous period 38.9 |
| Total assets | ¥10,370 million |
| Net assets | ¥3,125 million |
| Cash flows from operating activities | ¥315 million |
| Cash flows from investing activities | ¥-525 million |
| Cash flows from financing activities | ¥314 million |
| Cash and cash equivalents at end of period | ¥1,886 million |
| Full-year earnings forecast | Net Sales ¥8,094 million (YoY +2.4%) / Operating profit ¥414 million (YoY +218.9%) / Ordinary income ¥364 million / Net income ¥245 million |
| Annual Dividend Forecast | ¥20 per share → ¥20 per share（0.0%） |
| Payout ratio | - (fiscal year ending February 2026), 40.2% (forecast for fiscal year ending February 2027) |
| Shareholder Return Policy | The Company’s policy is to pay stable dividends as a basic principle and return profits to shareholders based on the payout ratio, taking into consideration performance in each fiscal year, its financial position and business strategy. Numerical targets: Not disclosed. |
| Segment revenue | Hotel Business ¥2,224 million (YoY +12.0%), Condominium Front-Service Business ¥4,007 million (YoY -6.0%), Cleaning Business ¥169 million (YoY +0.3%), Convenience-Store Business ¥1,469 million (YoY +6.8%), Other businesses ¥79 million (YoY -3.4%) |
| Segment profit | Hotel Business ¥209 million (YoY -54.8%), Condominium Front-Service Business ¥314 million (YoY -17.8%), Cleaning Business ¥73 million (YoY +96.0%), Convenience-Store Business ¥133 million (YoY +22.1%), Other businesses ¥27 million (YoY +135.1%) |
| Depreciation and amortization | ¥309,301 thousand |
| Impairment loss | ¥617,344 thousand. This loss relates to buildings and other fixed assets held for investment purposes and is recorded under the Other businesses segment in the segment information. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥30 thousand, Gain on extinguishment of asset retirement obligations ¥2,420 thousand / Extraordinary loss Impairment Losses ¥617,344 thousand, Loss on Disposal of Fixed Assets ¥703 thousand |
| Disclosure regarding the going concern assumption | There is a description of matters and events that could raise substantial doubt about the going-concern assumption. Although the Company could lose the benefit of time under its financing arrangements if it breaches financial covenants, no material uncertainty affecting the going-concern assumption is recognized at present, given discussions with financial institutions and measures to improve profitability. The note on the going-concern assumption states: “There are no applicable matters.” |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | None (no additions or exclusions) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 5,064,000 |
| Treasury Shares at Period-End | 127,651 |
| Factors Behind Changes in Business Performance | At the hotel business, delays in launching sales and insufficient demand capture in the first half, together with sluggish reservations at the outdoor resort facility, weighed on results. In the apartment building front-desk services business, the withdrawal from unprofitable properties and higher personnel and other costs led to lower revenue and profit. In contrast, profit increased in the cleaning business as a result of withdrawing from unprofitable customers and reviewing management costs, and in the convenience store business as a result of higher customer traffic, a stable supply of higher-value-added products and labor-saving measures. Overall, a loss on management of an investment partnership, impairment losses and a reversal of deferred tax assets also weighed on earnings. |
Items this document does not state (3)
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.Reservations at the outdoor resort facility remained sluggish, causing revenue and profit to fall substantially below plan. The Company also recorded a loss on management of an investment partnership, a ¥617 million impairment loss on buildings and other fixed assets, and a reversal of deferred tax assets.