Worth reading
45Recurring
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
4.2
Year-on-year decrease in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales55,056¥ millionYear on year +1.8%Progress 50.1%
Operating profit2,640¥ millionYear on year -4.2%Progress 71.4%
Ordinary income2,376¥ millionYear on year -7.6%Progress 79.2%
Net income attributable to owners of the parent1,463¥ millionYear on year -9.9%
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¥21.18
Financial position at period-end
Total assets63,908¥ million
of which net assets 16,792 ¥ millionEquity ratio 26.3%vs. prior year-end +0.3pt
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+3,457,932
Investment-3,725,947
Financials+1,566,380
Net change+1,298,365
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥6,615,150 thousand
Segment revenueDistribution ¥39,373,873 thousand (YoY +0.5%), Transportation ¥7,705,965 thousand (YoY +7.3%), Tourism ¥7,088,216 thousand (YoY +3.7%), Real estate ¥708,791 thousand (YoY -5.1%), Other services ¥322,895 thousand (YoY +6.2%)
Segment profitDistribution ¥684,553 thousand (YoY -31.7%), Transportation ¥1,466,540 thousand (YoY +15.4%), Tourism ¥787,410 thousand (YoY +14.5%), Real estate ¥88,102 thousand (YoY -6.8%), Other services ¥15,188 thousand (YoY +18.4%)
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%)
Profit attributable to owners of the parent¥1,600 million (YoY -20.0%)
Annual Dividend ForecastCommon shares ¥5.00 / Class B shares ¥20.00 → Common shares ¥5.00 / Class B shares ¥20.00（Common shares 0 / Class B shares 0）
Factors Behind Changes in Business Performance
While revenue increased due to revisions to product prices, new stores and inbound demand, profit decreased due to increases in the purchase prices of raw materials and packaging materials, personnel expenses and energy prices, as well as adverse weather conditions.
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
Changes in the scope of consolidationNew 3 / Names of newly included companies 株式会社ＭＡＧ・ＭＡＧ, 株式会社ハーベスト, アルピコアセットデザイン株式会社 / Excluded 0 / Excluded Company Name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥216 thousand, Gain on bargain purchase ¥11,898 thousand, Subsidy income ¥14,393 thousand / Extraordinary loss Loss on sale of noncurrent assets ¥179 thousand, Loss on disposal of fixed assets ¥54,791 thousand, Loss on reduction of fixed asset acquisition costs ¥13,280 thousand, Demolition and removal costs ¥57,447 thousand, Other ¥708 thousand
Depreciation and amortization¥1,685,930 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not disclosed)
Issued Shares at Period-End71,113,460 Shares
Treasury Shares at Period-End1,807,430 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥55,056 million (YoY +1.8%) |
| Operating profit | ¥2,640 million (YoY -4.2%) |
| Ordinary income | ¥2,376 million (YoY -7.6%) |
| Profit attributable to owners of the parent | ¥1,463 million (YoY -9.9%) |
| Net income per share | ¥21.18 |
| Equity ratio | End of the current fiscal period 26.3% / End of previous period 26.0% |
| Total assets | ¥63,908 million |
| Net assets | ¥16,792 million |
| Cash flows from operating activities | ¥3,457,932 thousand |
| Cash flows from investing activities | ¥-3,725,947 thousand |
| Cash flows from financing activities | ¥1,566,380 thousand |
| Cash and cash equivalents at end of period | ¥6,615,150 thousand |
| 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%) / Profit attributable to owners of the parent ¥1,600 million (YoY -20.0%) |
| Annual Dividend Forecast | Common shares ¥5.00 / Class B shares ¥20.00 → Common shares ¥5.00 / Class B shares ¥20.00（Common shares 0 / Class B shares 0） |
| Segment revenue | Distribution ¥39,373,873 thousand (YoY +0.5%), Transportation ¥7,705,965 thousand (YoY +7.3%), Tourism ¥7,088,216 thousand (YoY +3.7%), Real estate ¥708,791 thousand (YoY -5.1%), Other services ¥322,895 thousand (YoY +6.2%) |
| Segment profit | Distribution ¥684,553 thousand (YoY -31.7%), Transportation ¥1,466,540 thousand (YoY +15.4%), Tourism ¥787,410 thousand (YoY +14.5%), Real estate ¥88,102 thousand (YoY -6.8%), Other services ¥15,188 thousand (YoY +18.4%) |
| Depreciation and amortization | ¥1,685,930 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥216 thousand, Gain on bargain purchase ¥11,898 thousand, Subsidy income ¥14,393 thousand / Extraordinary loss Loss on sale of noncurrent assets ¥179 thousand, Loss on disposal of fixed assets ¥54,791 thousand, Loss on reduction of fixed asset acquisition costs ¥13,280 thousand, Demolition and removal costs ¥57,447 thousand, Other ¥708 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 |
| Changes in the scope of consolidation | New 3 / Names of newly included companies 株式会社ＭＡＧ・ＭＡＧ, 株式会社ハーベスト, アルピコアセットデザイン株式会社 / Excluded 0 / Excluded Company Name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 71,113,460 Shares |
| Treasury Shares at Period-End | 1,807,430 Shares |
| Factors Behind Changes in Business Performance | While revenue increased due to revisions to product prices, new stores and inbound demand, profit decreased due to increases in the purchase prices of raw materials and packaging materials, personnel expenses and energy prices, as well as adverse weather conditions. |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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.While revisions to product prices, new stores and inbound demand contributed to higher revenue, increases in the purchase prices of raw materials and packaging materials, personnel expenses and energy prices, as well as adverse weather conditions and higher interest payments, put pressure on profit.
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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