Results for this period
Full year1 April 2025 to 31 March 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.
Accounting revenue declined as the Company transitioned to management contracts after the transfer of the hotel assets, changing revenue recognition to management fees. Profitability improved through renovations of existing locations, pricing optimization, value-added proposals, personnel expense optimization, and cost controls, while upfront expenses were incurred in connection with strategic investments such as HRMT STAGE. Net income declined due to the absence of the prior year's gain on the sale of hotel assets.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥9,881 million (YoY -7.3%) |
| Operating profit | ¥200 million (YoY -19.7%) |
| Ordinary income | ¥204 million (YoY +17.3%) |
| Profit attributable to owners of the parent | ¥219 million (YoY -85.6%) |
| Net income per share | ¥3.11 |
| Operating Margin | 1.7% |
| Equity ratio | End of the current fiscal period 51.2% / End of previous period 48.4% |
| Total assets | ¥11,914 million |
| Net assets | ¥6,116 million |
| Cash flows from operating activities | ¥-653 million |
| Cash flows from investing activities | ¥-793 million |
| Cash flows from financing activities | ¥-233 million |
| Cash and cash equivalents at end of period | ¥4,966 million |
| Full-year earnings forecast | Net Sales ¥10,591 million (YoY +7.2%) / Operating profit ¥341 million (YoY +70.4%) / Ordinary income ¥321 million (YoY +57.6%) / Net income ¥288 million (YoY +31.1%) |
| Revision to Earnings Forecast | Net Sales ¥9,353 million → ¥9,771 million / Operating profit ¥122 million → ¥181 million / Ordinary income ¥103 million → ¥172 million / Net income ¥70 million → ¥211 million |
| Annual Dividend Forecast | ¥0.00 → ¥1.22 |
| Payout ratio | 30.0% |
| Shareholder Return Policy | The Company aims to return profits to shareholders based on a consolidated dividend payout ratio of approximately 30%. For the next fiscal year, it plans to pay a dividend of at least ¥1 per share. |
| Depreciation and amortization | ¥205 million |
| Impairment loss | ¥61,821 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Reversal of provision for head office relocation costs ¥12,785 thousand, Reversal of asset retirement obligations ¥12,271 thousand / Extraordinary loss Impairment Losses ¥61,821 thousand, Loss on Disposal of Fixed Assets ¥3,295 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | New 0 companies (none applicable) / Excluded 0 companies (none applicable) |
| Material subsequent events | On 1 April 2026, through its consolidated subsidiary 株式会社HRMI, the Company entered into a share transfer agreement to acquire all shares of 株式会社UNIVERSO, which operates Tharros, a Sardinian Italian restaurant. The acquisition cost, acquisition-related expenses, goodwill, and the amounts of assets acquired and liabilities assumed have not been finalized or disclosed at this time. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 74,740,400 shares |
| Treasury Shares at Period-End | 4,092,989 shares |
| Factors Behind Changes in Business Performance | Accounting revenue declined as the Company transitioned to management contracts after the transfer of the hotel assets, changing revenue recognition to management fees. Profitability improved through renovations of existing locations, pricing optimization, value-added proposals, personnel expense optimization, and cost controls, while upfront expenses were incurred in connection with strategic investments such as HRMT STAGE. Net income declined due to the absence of the prior year's gain on the sale of hotel assets. |
Items this document does not state (4)
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.The Company cited the full-year application of the treatment under which only management fees, rather than the total revenue of the hotels concerned, are recognized as revenue after the transfer of the hotel assets; progress in improving the profitability of existing businesses and optimizing personnel expenses and cost controls; upfront expenses associated with strategic investments; and the absence of the prior year's extraordinary gain recognized in connection with the transfer of hotel assets.