Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 November 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the hotel operations business, occupancy rates and average daily rates (ADR) remained firm overall, supported by growing inbound demand and domestic lodging demand. In addition, the Company expects to record an income taxes adjustment of approximately ¥1.3 billion in connection with the recognition of deferred tax assets.
| Item | Details |
|---|---|
| Net Sales | ¥46,600 million → ¥47,000 million（0.8%） |
| Operating profit | ¥3,600 million → ¥3,700 million（2.8%） |
| Ordinary income | ¥2,500 million → ¥2,600 million（4.0%） |
| Profit attributable to owners of the parent | ¥2,600 million → ¥4,000 million（53.8%） |
| Net income per share | ¥11.12 → ¥17.1 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 November 2025 |
| Previous-period results | Previous fiscal year's consolidated results: net sales of ¥27,881 million, operating profit of ¥2,804 million, ordinary profit of ¥1,893 million, profit attributable to owners of parent of ¥2,611 million, and earnings per share of ¥16.90 |
| Reason for the revision | In the hotel operations business, occupancy rates and average daily rates (ADR) remained firm overall, supported by growing inbound demand and domestic lodging demand. In addition, the Company expects to record an income taxes adjustment of approximately ¥1.3 billion in connection with the recognition of deferred tax assets. |
| Dividend forecast revision | No revision (unchanged from the details announced on 13 November 2025) |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Occupancy rates and average daily rates (ADR) remained firm in the hotel operations business, supported by growing inbound demand and domestic lodging demand. In addition, the Company expects to recognize deferred tax assets related to tax loss carryforwards and record an income taxes adjustment of approximately ¥1.3 billion.