Financial results for the second quarter (interim period) of the fiscal year ending March 2027
kaihan co.,Ltd. and the company group
Food-service, renewable energy and medical businesses. In the food-service business, the 16 stores under the Shinjidai and Shinjidai 44 brands to be transferred to 株式会社ファッズ have been identified; in the medical business, スペーム株式会社 has been identified.
The decline in food-service revenue resulting from the transfer of Shinjidai stores to 株式会社ファッズ, rising energy, raw material and personnel costs, and the effects of structural reforms through M&A and the transfer of operated-store businesses.
Revenue of ¥793.894 million, operating loss of ¥1,191.313 million, ordinary loss of ¥1,286.977 million, and interim net loss attributable to owners of the parent of ¥1,330.752 million. A ¥78.774 million extraordinary loss was recorded.
The interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
No revision to the most recently published earnings forecast. However, disclosure of the full-year consolidated earnings forecast is being withheld because it is difficult to calculate reasonable figures, and the forecast will be announced promptly once calculation becomes possible.
Related procedures
Attachment for unpaid social insurance premiums
Japan Pension Service
Company response
Hydropower generation business in Nepal. Operations had been suspended and the business was under reconsideration due to turmoil in the local situation, but resumed on 23 December 2025.
23 December 2025 (already resumed)
In the food-service business, the company will use its expertise in operating high-margin stores through outsourcing arrangements and advance the management of food costs and personnel expenses. The transfer of the 16 Shinjidai and Shinjidai 44 stores has changed the final closing deadline to 30 November 2026, and the transfer proceeds will be used to strengthen the financial base. In the renewable energy business, the company will proceed with completion of the power plants subject to securing the necessary funding, work to realize financing projects, and sequentially settle unpaid taxes, unpaid social insurance premiums and accounts payable.
The company will announce the earnings forecast promptly once calculation becomes possible. Extraordinary income from the business transfer is expected to be recorded in the third-quarter consolidated accounting period of the fiscal year ending March 2027; the amount is under review.
| Item | Details |
|---|---|
| Event name | Financial results for the second quarter (interim period) of the fiscal year ending March 2027 |
| Date of occurrence | 30 September 2026 (end of the interim consolidated accounting period) |
| Subject Entity | kaihan co.,Ltd. and the company group |
| Target Locations / Products | Food-service, renewable energy and medical businesses. In the food-service business, the 16 stores under the Shinjidai and Shinjidai 44 brands to be transferred to 株式会社ファッズ have been identified; in the medical business, スペーム株式会社 has been identified. |
| Cause | The decline in food-service revenue resulting from the transfer of Shinjidai stores to 株式会社ファッズ, rising energy, raw material and personnel costs, and the effects of structural reforms through M&A and the transfer of operated-store businesses. |
| Amount of Impact on Business Performance | Revenue of ¥793.894 million, operating loss of ¥1,191.313 million, ordinary loss of ¥1,286.977 million, and interim net loss attributable to owners of the parent of ¥1,330.752 million. A ¥78.774 million extraordinary loss was recorded. |
| Accounting period in which recognized | The interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026) |
| Impact on Earnings Forecast | No revision to the most recently published earnings forecast. However, disclosure of the full-year consolidated earnings forecast is being withheld because it is difficult to calculate reasonable figures, and the forecast will be announced promptly once calculation becomes possible. |
| Type of litigation or proceeding | Attachment for unpaid social insurance premiums |
| Court or authority | Japan Pension Service |
| Date of filing / date of action | 2 October, 9 October and 20 October 2026 |
| Suspended operations | Hydropower generation business in Nepal. Operations had been suspended and the business was under reconsideration due to turmoil in the local situation, but resumed on 23 December 2025. |
| Scheduled resumption date | 23 December 2025 (already resumed) |
| Outlook | In the food-service business, the company will use its expertise in operating high-margin stores through outsourcing arrangements and advance the management of food costs and personnel expenses. The transfer of the 16 Shinjidai and Shinjidai 44 stores has changed the final closing deadline to 30 November 2026, and the transfer proceeds will be used to strengthen the financial base. In the renewable energy business, the company will proceed with completion of the power plants subject to securing the necessary funding, work to realize financing projects, and sequentially settle unpaid taxes, unpaid social insurance premiums and accounts payable. |
| Planned follow-up disclosure | The company will announce the earnings forecast promptly once calculation becomes possible. Extraordinary income from the business transfer is expected to be recorded in the third-quarter consolidated accounting period of the fiscal year ending March 2027; the amount is under review. |
Items this document does not state (10)
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 explained that revenue from the food-service business declined significantly following the transfer of Shinjidai stores to 株式会社ファッズ. It also cited the continuing challenging business environment, including rising energy, raw material and personnel costs, and the difficulty of calculating a reasonable full-year earnings forecast because the effects of structural reforms through M&A and the transfer of operated-store businesses remain fluid.