Results for this period
Full year1 April 2025–31 March 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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Net sales and operating income increased in the hot spring bathing business. Net sales and operating income both decreased in the real estate business. In the food business, net sales from 青柳食品販売株式会社 were added following its acquisition as a subsidiary, while the business posted an operating loss after recording ¥18.480 million in goodwill amortization.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 2,695 Millions of yen (YoY +36.1%) |
| Operating profit | 308 Millions of yen (YoY -9.7%) |
| Ordinary income | 308 Millions of yen (YoY -9.1%) |
| Profit attributable to owners of the parent | 161 Millions of yen (YoY -15.5%) |
| Net income per share | ¥6.12 |
| Operating Margin | 11.4％ |
| Equity ratio | End of the current fiscal period 82.5％ / End of previous period 80.8％ |
| Total assets | 6,000 Millions of yen |
| Net assets | 4,969 Millions of yen |
| Cash flows from operating activities | 449 Millions of yen |
| Cash flows from investing activities | -291 Millions of yen |
| Cash flows from financing activities | -367 Millions of yen |
| Cash and cash equivalents at end of period | 1,292 Millions of yen |
| Full-year earnings forecast | Net Sales 3,060 Millions of yen (YoY +13.5%) / Operating profit 320 Millions of yen (YoY +3.8%) / Ordinary income 320 Millions of yen (YoY +3.6%) / Profit attributable to owners of the parent 180 Millions of yen (YoY +11.2%) |
| Annual Dividend Forecast | ¥5 → ¥5（0.0%） |
| Payout ratio | 73.5％ |
| Segment revenue | Bathing 2,000.45 Millions of yen (YoY +3.6%), Real Estate 46.77 Millions of yen (YoY -5.5%), Food 648.74 Millions of yen |
| Segment profit | Bathing 493.33 Millions of yen (YoY +4.2%), Real Estate 14.19 Millions of yen (YoY -16.2%), Food -16.52 Millions of yen |
| Depreciation and amortization | ¥302,707 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Debt Forgiveness Gains ¥7,280 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥4,424 thousand, Directors' Retirement Benefits ¥25,000 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 | New Number of companies 1 / Company name 青柳食品販売株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 26,466,366 Shares |
| Treasury Shares at Period-End | 17,333 Shares |
| Factors Behind Changes in Business Performance | Net sales and operating income increased in the hot spring bathing business. Net sales and operating income both decreased in the real estate business. In the food business, net sales from 青柳食品販売株式会社 were added following its acquisition as a subsidiary, while the business posted an operating loss after recording ¥18.480 million in goodwill amortization. |
Items this document does not state (4)
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 increase in net sales was attributable to the addition of the food business of 青柳食品販売株式会社, which became a consolidated subsidiary in July 2025, as well as strong sales of food products and ingredients and retort food for pets. On the earnings side, the company posted an operating loss after recording ¥18.480 million in goodwill amortization in the food business. In consolidated income, the company also recorded a ¥4.424 million loss on disposal of non-current assets and ¥25.000 million in directors' retirement benefits.