Results for this period
First quarter1 February 2026 to 30 April 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 golf business, cost of sales and SG&A expenses were reduced by strengthening sales of Japanese models and original products and using AI-based inventory management. In the travel business, the Company captured inbound demand, while the real estate business in other businesses began generating revenue.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 February 2026 to 30 April 2026 |
| Net Sales | ¥1,191 million (YoY -0.9%) |
| Operating profit | ¥21 million (YoY +19.6%) |
| Ordinary income | ¥16 million (YoY -14.1%) |
| Profit attributable to owners of the parent | ¥18 million (YoY +116.8%) |
| Net income per share | ¥10.14 |
| Equity ratio | End of the current fiscal period 31.8 / End of previous period 33.6 |
| Total assets | ¥3,266 million |
| Net assets | ¥1,041 million |
| Full-year earnings forecast | Net Sales ¥5,000 million (YoY +13.0%) / Operating profit ¥220 million (YoY +314.1%) / Ordinary income ¥190 million (YoY +384.5%) / Net income ¥110 million |
| Annual Dividend Forecast | ¥25 → ¥25（0.0%） |
| Segment revenue | Golf Business ¥829,286 thousand (YoY -7.9%), Travel business ¥191,228 thousand (YoY -19.3%), Other ¥200,129 thousand (YoY +138.9%) |
| Segment profit | Golf Business ¥130,506 thousand (YoY +10.7%), Travel business ¥9,096 thousand (YoY -47.6%), Other ¥14,460 thousand (YoY +298.4%) |
| Depreciation and amortization | ¥4,312 thousand |
| Impairment loss | None recorded (not applicable) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1,616 thousand, Gain on sale of investment securities ¥7,862 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 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 1,807,000 |
| Treasury Shares at Period-End | 191 |
| Factors Behind Changes in Business Performance | In the golf business, cost of sales and SG&A expenses were reduced by strengthening sales of Japanese models and original products and using AI-based inventory management. In the travel business, the Company captured inbound demand, while the real estate business in other businesses began generating revenue. |
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 golf business, the Company strengthened sales of Japanese models and original products in response to persistently high import prices for overseas golf clubs caused by the weaker yen, while reducing cost of sales and SG&A expenses through AI-based inventory management. In the travel business, the Company captured inbound demand, but the cancellation of Dubai tours due to the situation in the Middle East had an impact. In other businesses, the real estate business began generating revenue.