Revised forecast
Fiscal year ending February 2027 · Full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The company will proceed with new openings and expansions, anticipating increased demand for flexible offices driven by growing interest in corporate investment in human capital and a return to in-person communication, as well as continued accommodation demand, including inbound tourism. However, because it recorded an extraordinary gain of ¥11,861 million in the fiscal year ended February 2026 from the establishment of a trust and the transfer of the trust beneficiary interests in APA Hotel〈TKP Nippori Ekimae〉and related transactions, net income attributable to owners of the parent is expected to decline year on year in the fiscal year ending February 2027.
Impairment loss: ¥1,027 million; contract cancellation penalties: ¥33 million; total extraordinary losses: ¥1,060 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥146,000 million（27.7% (year on year; not versus the previous forecast)） |
| Operating profit | Not disclosed → ¥11,000 million（6.8% (year on year; not versus the previous forecast)） |
| Ordinary income | Not disclosed → ¥9,700 million（6.6% (year on year; not versus the previous forecast)） |
| Profit attributable to owners of the parent | Not disclosed → ¥4,000 million（−67.5% (year on year; not versus the previous forecast)） |
| Net income per share | Not disclosed → 105.15 yen and sen |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Full year |
| Previous-period results | Net sales: ¥114,357 million; operating income: ¥10,301 million; ordinary income: ¥9,098 million; net income attributable to owners of the parent: ¥12,293 million; earnings per share: ¥319.84 |
| Reason for the revision | The company will proceed with new openings and expansions, anticipating increased demand for flexible offices driven by growing interest in corporate investment in human capital and a return to in-person communication, as well as continued accommodation demand, including inbound tourism. However, because it recorded an extraordinary gain of ¥11,861 million in the fiscal year ended February 2026 from the establishment of a trust and the transfer of the trust beneficiary interests in APA Hotel〈TKP Nippori Ekimae〉and related transactions, net income attributable to owners of the parent is expected to decline year on year in the fiscal year ending February 2027. |
| Details and amount of extraordinary loss | Impairment loss: ¥1,027 million; contract cancellation penalties: ¥33 million; total extraordinary losses: ¥1,060 million |
| Dividend forecast revision | The annual dividend forecast for the fiscal year ending February 2027 is ¥0.00 (interim: ¥0.00; year-end: ¥0.00). There is no explicit statement that the dividend forecast has been revised. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 expects to expand its flexible office and hotel/accommodation-based training businesses, supported by demand for in-person communication, corporate investment in human capital, and accommodation demand, including inbound tourism. However, it explains that net income attributable to owners of the parent will decline in the following fiscal year because it recorded an extraordinary gain of ¥11,861 million in the fiscal year ended February 2026 from the transfer of the trust beneficiary interests in APA Hotel〈TKP Nippori Ekimae〉 and related transactions.