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.
In the hotel operations business, revenue fell below the year-earlier level due to the impact of changes in the hotel portfolio following the end of the management contract for Aloft Osaka Dojima. In the asset management business, revenue exceeded the year-earlier level due to recurring fees. In the real estate business, the gain related to the transfer of an equity interest in a silent partnership was recorded as extraordinary income.
No applicable matters
| 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 | ¥3,342 million (YoY -6.5%) |
| Operating profit | ¥-398 million |
| Ordinary income | ¥-1,005 million |
| Profit attributable to owners of the parent | ¥-20 million |
| Net income per share | ¥(1.06) |
| Equity ratio | End of the current fiscal period 19.3 / End of previous period 19.8 |
| Total assets | ¥89,281 million |
| Net assets | ¥17,269 million |
| Full-year earnings forecast | Net Sales ¥21,000 million (YoY +39.0%) / Operating profit Not disclosed / Ordinary income Not disclosed / Profit attributable to owners of the parent ¥1,800 million |
| Revision to Earnings Forecast | No change |
| Annual Dividend Forecast | ¥20 → To be determined |
| Segment revenue | Hotel Operations Business ¥3,124,513 thousand (YoY -4.3%), Asset Management Business ¥179,382 thousand (YoY +28.0%), Real Estate Business ¥145,204 thousand (YoY -32.5%) |
| Segment profit | Hotel Operations Business ¥931,542 thousand (YoY -16.9%), Asset Management Business ¥-127,213 thousand, Real Estate Business ¥-918,164 thousand |
| Depreciation and amortization | ¥46,128 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1,000,000 thousand / Extraordinary loss Not disclosed |
| 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 0 / Company name Not disclosed / Excluded Number of companies 1 / Company name 株式会社美松 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 19,179,800 Shares |
| Treasury Shares at Period-End | 1,280 Shares |
| Factors Behind Changes in Business Performance | In the hotel operations business, revenue fell below the year-earlier level due to the impact of changes in the hotel portfolio following the end of the management contract for Aloft Osaka Dojima. In the asset management business, revenue exceeded the year-earlier level due to recurring fees. In the real estate business, the gain related to the transfer of an equity interest in a silent partnership was recorded as extraordinary income. |
Items this document does not state (11)
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, revenue fell below the year-earlier level due to the impact of changes in the hotel portfolio following the end of the management contract for Aloft Osaka Dojima. In the real estate business, the Company transferred its equity interest in a silent partnership and recorded a ¥1 billion gain on sales of investment securities as extraordinary income. The Company also stated that it expects to recognize profit from a large-scale project in the real estate business, which has a high profit contribution, from the second quarter onward.