Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
14.7
%Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales107,422¥ millionYear on year +3.5%Progress 97.7%
Operating profit3,914¥ millionYear on year +14.7%Progress 105.8%
Ordinary income3,558¥ millionYear on year +16.3%Progress 118.6%
Net income attributable to owners of the parent1,998¥ millionYear on year -12.8%Progress 124.9%
The 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.
Net income per share¥27.40
Operating MarginCurrent fiscal year 3.6 % / Previous period 3.3 %
Financial position at period-end
Total assets60,182¥ million
of which net assets 15,628 ¥ millionEquity ratio 26.0%vs. prior year-end +1.1pt
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.
Cash inflows and outflows
Operating+6,263
Investment-5,382
Financials-1,716
Net change-835
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.
Cash and cash equivalents at end of period¥5,316 million
Segment revenue
Distribution Business78,737,65973.1%+2.6%
Transportation Business14,219,37913.2%+6.9%
Tourism Business12,711,57211.8%+5.4%
Real Estate Business1,428,1411.3%+2.2%
Other services business625,6060.6%+1.1%
Segment profit
Distribution Business1,730,61637.5%+6.8%
Transportation Business2,087,31945.2%+31.2%
Tourism Business627,59713.6%+25.6%
Real Estate Business124,9272.7%-22.1%
Other services business45,9881.0%-34.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥110,000 million (YoY +2.4%)
Operating profit¥3,700 million (YoY -5.5%)
Ordinary income¥3,000 million (YoY -15.7%)
Net income¥1,600 million (YoY -20.0%)
Annual Dividend Forecast¥5 → ¥5（0.0%）
Payout ratioActual results for the current fiscal year 18.2 % / Next-year forecast 22.4 %
Factors Behind Changes in Business Performance
Revenue increased due to higher unit prices following product price revisions, the opening of new stores and sales offices, the capture of tourism demand and domestic and overseas visitors, and fare and price revisions. Higher costs of sales, personnel expenses and other expenses weighed on profit to some extent, but profits from the Distribution, Transportation and Tourism businesses increased as they more than offset the increase in costs.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Material subsequent eventsNo applicable matters.
Impairment loss¥213,680 thousand (Distribution ¥208,806 thousand, Transportation ¥4,874 thousand. Details of the assets subject to impairment: Not disclosed)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥10,742 thousand, Subsidy Income ¥120,916 thousand / Extraordinary loss Loss on sale of fixed assets ¥48 thousand, Loss on Disposal of Fixed Assets ¥50,710 thousand, Loss on reduction of fixed assets ¥106,428 thousand, Impairment Losses ¥213,680 thousand, Dismantling and removal costs ¥115,315 thousand, Other ¥6,810 thousand
Depreciation and amortization¥3,150,907 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End71,113,460 shares
Treasury Shares at Period-End2,094,316 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥107,422 million (YoY +3.5%) |
| Operating profit | ¥3,914 million (YoY +14.7%) |
| Ordinary income | ¥3,558 million (YoY +16.3%) |
| Profit attributable to owners of the parent | ¥1,998 million (YoY -12.8%) |
| Net income per share | ¥27.40 |
| Operating Margin | Current fiscal year 3.6 % / Previous period 3.3 % |
| Equity ratio | End of the current fiscal period 26 / End of previous period 24.9 |
| Total assets | ¥60,182 million |
| Net assets | ¥15,628 million |
| Cash flows from operating activities | ¥6,263 million |
| Cash flows from investing activities | ¥-5,382 million |
| Cash flows from financing activities | ¥-1,716 million |
| Cash and cash equivalents at end of period | ¥5,316 million |
| Full-year earnings forecast | Net Sales ¥110,000 million (YoY +2.4%) / Operating profit ¥3,700 million (YoY -5.5%) / Ordinary income ¥3,000 million (YoY -15.7%) / Net income ¥1,600 million (YoY -20.0%) |
| Annual Dividend Forecast | ¥5 → ¥5（0.0%） |
| Payout ratio | Actual results for the current fiscal year 18.2 % / Next-year forecast 22.4 % |
| Segment revenue | Distribution Business ¥78,737,659 thousand (YoY +2.6%) / Transportation Business ¥14,219,379 thousand (YoY +6.9%) / Tourism Business ¥12,711,572 thousand (YoY +5.4%) / Real Estate Business ¥1,428,141 thousand (YoY +2.2%) / Other services business ¥625,606 thousand (YoY +1.1%) |
| Segment profit | Distribution Business ¥1,730,616 thousand (YoY +6.8%) / Transportation Business ¥2,087,319 thousand (YoY +31.2%) / Tourism Business ¥627,597 thousand (YoY +25.6%) / Real Estate Business ¥124,927 thousand (YoY -22.1%) / Other services business ¥45,988 thousand (YoY -34.2%) |
| Depreciation and amortization | ¥3,150,907 thousand |
| Impairment loss | ¥213,680 thousand (Distribution ¥208,806 thousand, Transportation ¥4,874 thousand. Details of the assets subject to impairment: Not disclosed) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥10,742 thousand, Subsidy Income ¥120,916 thousand / Extraordinary loss Loss on sale of fixed assets ¥48 thousand, Loss on Disposal of Fixed Assets ¥50,710 thousand, Loss on reduction of fixed assets ¥106,428 thousand, Impairment Losses ¥213,680 thousand, Dismantling and removal costs ¥115,315 thousand, Other ¥6,810 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 71,113,460 shares |
| Treasury Shares at Period-End | 2,094,316 shares |
| Factors Behind Changes in Business Performance | Revenue increased due to higher unit prices following product price revisions, the opening of new stores and sales offices, the capture of tourism demand and domestic and overseas visitors, and fare and price revisions. Higher costs of sales, personnel expenses and other expenses weighed on profit to some extent, but profits from the Distribution, Transportation and Tourism businesses increased as they more than offset the increase in costs. |
Items this document does not state (5)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidation
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.Net income decreased mainly due to higher income tax expense and other factors. For the fiscal year ending March 2027, personnel expenses are expected to rise as a result of wage increases, while energy and raw material prices are expected to remain elevated. The company expects that measures such as productivity improvements will not fully offset the impact of higher costs.
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.
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