Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
There were no concluded real estate sales contracts, and the company did not secure new hotel operating rights. In Other Businesses, the company began selling GPU servers. ¥400 million in cancellation fee income arising from the agreed cancellation of hotel opening contracts was recognized as an extraordinary gain.
There is a description of significant events and other matters. The company recorded significant operating and ordinary losses, and circumstances exist that raise significant doubt about the going concern assumption, but it has determined that no material uncertainty exists due to the measures taken. There are no applicable matters to report in the notes on the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥409 million (YoY -20.4%) |
| Operating profit | ¥-247 million |
| Ordinary income | ¥-236 million |
| Profit attributable to owners of the parent | ¥133 million |
| Net income per share | ¥2.88 |
| Equity ratio | End of the current fiscal period 12.0% / End of previous period 9.4% |
| Total assets | ¥2,761 million |
| Net assets | ¥373 million |
| Cash flows from operating activities | ¥166,422 thousand |
| Cash flows from investing activities | ¥18,241 thousand |
| Cash flows from financing activities | ¥40,038 thousand |
| Cash and cash equivalents at end of period | ¥1,730,220 thousand |
| 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 ¥89,062 thousand (YoY -40.1%), Hotel operations ¥314,829 thousand (YoY -13.8%), Other ¥5,400 thousand (YoY +2,620.8%) |
| Segment profit | Real estate business ¥3,017 thousand (YoY -77.3%), Hotel operations ¥-26,298 thousand, Other ¥-5,392 thousand |
| Depreciation and amortization | ¥1,512 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Contract cancellation fee income ¥400,000 thousand / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | There is a description of significant events and other matters. The company recorded significant operating and ordinary losses, and circumstances exist that raise significant doubt about the going concern assumption, but it has determined that no material uncertainty exists due to the measures taken. There are no applicable matters to report in the notes on 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 | Added: 0 companies (company name: —); excluded: 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no target audience specified) |
| Issued Shares at Period-End | 46,552,784 shares |
| Treasury Shares at Period-End | 60,400 shares |
| Factors Behind Changes in Business Performance | There were no concluded real estate sales contracts, and the company did not secure new hotel operating rights. In Other Businesses, the company began selling GPU servers. ¥400 million in cancellation fee income arising from the agreed cancellation of hotel opening contracts was recognized as an extraordinary gain. |
Items this document does not state (8)
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 absence of concluded real estate sales contracts and the failure to secure new hotel operating rights are cited as factors behind the decline in sales and the widening operating loss. In addition, ¥400 million in cancellation fee income arising from the agreed cancellation of hotel opening contracts was recognized as an extraordinary gain.