Results for this period
First quarter1 April 2026 to 30 June 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.
Revenue increased due to contributions from hotels opened in the previous and current fiscal years, while the pullback in lodging demand associated with Expo 2025 Osaka, Kansai, the decline in visitors to Japan from China, higher costs associated with business operations and expansion, and the recognition of a ¥197 million income tax adjustment loss arising from the reversal of deferred tax assets contributed to changes in results.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥12,085 million (YoY +7.4%) |
| Operating profit | ¥648 million (YoY -30.3%) |
| Ordinary income | ¥375 million (YoY -41.6%) |
| Profit attributable to owners of the parent | ¥132 million (YoY -76.1%) |
| Net income per share | ¥0.56 |
| Equity ratio | End of the current fiscal period 47.9 / End of previous period 46.5 |
| Total assets | ¥65,227 million |
| Net assets | ¥31,270 million |
| Full-year earnings forecast | Net Sales ¥54,500 million (YoY +12.4%) / Operating profit ¥4,200 million (YoY +3.9%) / Ordinary income ¥3,000 million (YoY +3.6%) / Net income ¥1,600 million (YoY -65.2%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥5 → ¥10（+100.0%） |
| Payout ratio | At least 50% |
| Shareholder Return Policy | A consolidated payout ratio target of 50% or more, based on adjusted net income |
| Segment revenue | Hotel Operations Business ¥12,073 million (YoY +7.2%), Hotel Investment Business ¥12 million |
| Segment profit | Hotel Operations Business ¥932 million (YoY -19.0%), Hotel Investment Business ¥12 million |
| Depreciation and amortization | ¥443,964 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥15,824 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 | No material change (the number and names of additions or exclusions are not stated) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 233,912,926 shares |
| Treasury Shares at Period-End | 0 shares |
| Factors Behind Changes in Business Performance | Revenue increased due to contributions from hotels opened in the previous and current fiscal years, while the pullback in lodging demand associated with Expo 2025 Osaka, Kansai, the decline in visitors to Japan from China, higher costs associated with business operations and expansion, and the recognition of a ¥197 million income tax adjustment loss arising from the reversal of deferred tax assets contributed to changes in results. |
Items this document does not state (9)
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.Revenue increased due to contributions from hotels opened in the previous and current fiscal years, but was affected by the pullback in lodging demand associated with Expo 2025 Osaka, Kansai and the decline in visitors to Japan from China. Operating profit decreased due to higher costs associated with business operations and expansion. Net income decreased due to the recognition of a ¥197 million income tax adjustment loss arising from the reversal of deferred tax assets.