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.
The hotel operations business was unable to secure new operating rights, and Intrans Shanghai did not operate due to its dissolution and liquidation. In the real estate business, the company focused on the resale, development and sale of accommodation facilities, and launched an AI data center business.
A description of significant events or conditions related to the going-concern assumption is included. In addition to significant operating losses and significant negative operating cash flow for four consecutive fiscal years, the company recorded an operating loss, ordinary loss, quarterly net loss and significant negative operating cash flow in the current quarter, and states that conditions exist that raise significant doubt about its ability to continue as a going concern. However, the company determined that no material uncertainty exists as a result of its response measures, and therefore there are no applicable matters to disclose in the notes regarding the going-concern assumption.
| 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 | ¥209 million (YoY -11.4%) |
| Operating profit | ¥-116 million |
| Ordinary income | ¥-77 million |
| Profit attributable to owners of the parent | ¥-77 million |
| Net income per share | -¥1.67 |
| Equity ratio | End of the current fiscal period 7.1% / End of previous period 9.4% |
| Total assets | ¥1,714 million |
| Net assets | ¥159 million |
| Full-year earnings forecast | Net Sales ¥3,344 million (YoY +211.5%) / Operating profit ¥120 million / Ordinary income ¥45 million / Net income ¥34 million |
| Annual Dividend Forecast | ¥0 → ¥0（0%） |
| Segment revenue | Real Estate Business ¥45,441 thousand (YoY -2.2%), Hotel Operations Business ¥163,584 thousand (YoY -13.6%), Other ¥0 thousand |
| Segment profit | Real Estate Business ¥1,110 thousand, Hotel Operations Business ¥-15,154 thousand, Other ¥-4,220 thousand |
| Depreciation and amortization | ¥802 thousand |
| Disclosure regarding the going concern assumption | A description of significant events or conditions related to the going-concern assumption is included. In addition to significant operating losses and significant negative operating cash flow for four consecutive fiscal years, the company recorded an operating loss, ordinary loss, quarterly net loss and significant negative operating cash flow in the current quarter, and states that conditions exist that raise significant doubt about its ability to continue as a going concern. However, the company determined that no material uncertainty exists as a result of its response measures, and therefore there are no applicable matters to disclose in the notes regarding the going-concern assumption. |
| 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 | 0 additions and 0 exclusions (no company names) |
| Material subsequent events | On 9 July 2026, payment procedures were completed for ¥300 million of the Third Series Unsecured Convertible Bonds with Stock Acquisition Rights, ¥3,535,672 of the 11th Series Stock Acquisition Rights and ¥925,000 of the 12th Series Stock Acquisition Rights. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 46,552,784 Shares |
| Treasury Shares at Period-End | 60,400 Shares |
| Factors Behind Changes in Business Performance | The hotel operations business was unable to secure new operating rights, and Intrans Shanghai did not operate due to its dissolution and liquidation. In the real estate business, the company focused on the resale, development and sale of accommodation facilities, and launched an AI data center business. |
Items this document does not state (12)
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.In the hotel operations business, the company was unable to secure new operating rights, while in Other businesses it did not operate due to the dissolution and liquidation of Intrans Shanghai. In the real estate business, the company focused on property management, the resale of accommodation facilities, and the development and sale of detached accommodation facilities, and newly launched an AI data center business.