Worth reading
37Immaterial
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
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥209 million-11.4%
Operating profit¥-116 million
Ordinary income¥-77 million
Net income¥-77 million
Results for the three months of the current quarterConsolidated revenue: ¥209 million; operating loss: ¥116 million; ordinary loss: ¥77 million; net loss attributable to owners of the parent: ¥77 million. Segment revenue was ¥45 million for real estate, ¥163 million for hotel operations, and ¥0 million for Other.
Full-year earnings forecast
Net Sales
¥3,344 million
Operating profit
¥120 million
Ordinary income
¥45 million
Net income attributable to owners of the parent
¥34 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated revenue6.3%
Real-estate business revenue2.2%
Hotel operations business revenue14.1%
Other Businesses net sales0.0%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- No resale of accommodation facilities or real estate sales in the real estate business
- The previous fiscal year's Osaka Expo effect in the hotel business fell away
- Higher costs in the hotel operations business
- Recognition of valuation gains on derivatives, etc.
The company identifies the factors but does not state the amount attributable to each one.
New initiatives
- Begin selling GPU servers in July 2026 and promote the AI data center business
- Promote the development of AI data centers
- Promote M&A of operating companies with strong synergies
- Expand the resale of accommodation facilities and the development and sale of detached-house accommodation facilities
- Pursue the acquisition of operating rights for new hotels and inns
Key KPIsA metric the company considers important as a management benchmark.
- Number of rooms at operated hotels18 rooms, 48 rooms, 49 rooms
- Number of employees133 People consolidated
Segment results
Real Estate Business
Net Sales
¥45 million-2.2%
Operating profit
¥1 million
Hotel Operations Business
Net Sales
¥163 million-13.6%
Operating profit
¥-15 million
Other Businesses
Net Sales
¥0 million
Operating profit
¥-4 million
Financial targets
Equity ratio: 7.1% (actual for Q1 of the fiscal year ending March 2027). Target: Not disclosed.Number of employees
Number of Employees133 People consolidated
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥209 million (YoY -11.4%) |
| Operating profit | ¥-116 million |
| Ordinary income | ¥-77 million |
| Net income | ¥-77 million |
| Results for the three months of the current quarter | Consolidated revenue: ¥209 million; operating loss: ¥116 million; ordinary loss: ¥77 million; net loss attributable to owners of the parent: ¥77 million. Segment revenue was ¥45 million for real estate, ¥163 million for hotel operations, and ¥0 million for Other. |
| Full-year earnings forecast | Net Sales ¥3,344 million / Operating profit ¥120 million / Ordinary income ¥45 million / Net income attributable to owners of the parent ¥34 million |
| Progress against full-year forecast | Consolidated revenue 6.3% / Real-estate business revenue 2.2% / Hotel operations business revenue 14.1% / Other Businesses net sales 0.0% / Profit item Not disclosed |
| Segment results | Real Estate Business Net Sales ¥45 million (YoY -2.2%) / Operating profit ¥1 million / Hotel Operations Business Net Sales ¥163 million (YoY -13.6%) / Operating profit ¥-15 million / Other Businesses Net Sales ¥0 million / Operating profit ¥-4 million |
| Breakdown of Factors Affecting the Change | Factors No resale of accommodation facilities or real estate sales in the real estate business / Amount Not disclosed, Factors The previous fiscal year's Osaka Expo effect in the hotel business fell away / Amount Not disclosed, Factors Higher costs in the hotel operations business / Amount Not disclosed, Factors Recognition of valuation gains on derivatives, etc. / Amount Not disclosed |
| Key KPIs | Indicator name Number of rooms at operated hotels / Value 18 rooms, 48 rooms, 49 rooms / Year on year against the same period last year Not disclosed, Indicator name Number of employees / Value 133 People (consolidated) / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 133 People (consolidated) / Change during the period Not disclosed / Hiring plan Not disclosed |
| Financial targets | Equity ratio: 7.1% (actual for Q1 of the fiscal year ending March 2027). Target: Not disclosed. |
| New initiatives | Begin selling GPU servers in July 2026 and promote the AI data center business, Promote the development of AI data centers, Promote M&A of operating companies with strong synergies, Expand the resale of accommodation facilities and the development and sale of detached-house accommodation facilities, Pursue the acquisition of operating rights for new hotels and inns |
Items this document does not state (16)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 declined in the real estate and hotel operations businesses. In the hotel operations business, Osaka and Kyoto struggled following the loss of the previous fiscal year's Osaka Expo effect, while higher costs widened the operating loss. Meanwhile, the ordinary loss and net loss narrowed, mainly due to the recognition of valuation gains on derivatives.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.