Results for this period
Interim period (second quarter)1 February 2026 to 31 July 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 yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In the golf business, unfavorable weather and extreme heat, along with persistently high green fees due to soaring fuel and other costs, contributed to a decline in golf course users. In the travel business, outbound travel struggled amid the weaker yen and rising prices overseas. In the EC services business, the company changed its sales policy and prioritized securing profit at appropriate prices over revenue.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 February 2026 to 31 July 2026 |
| Net Sales | 2,228 million yen (YoY -5.2%) |
| Operating profit | 26 million yen (YoY -47.6%) |
| Ordinary income | 14 million yen (YoY -68.5%) |
| Profit attributable to owners of the parent | 9 million yen (YoY -68.5%) |
| Net income per share | ¥5.27 |
| Equity ratio | End of the current fiscal period 32.3 / End of previous period 33.6 |
| Total assets | 3,192 million yen |
| Net assets | 1,032 million yen |
| Cash flows from operating activities | 14,793 thousand yen |
| Cash flows from investing activities | -34,553 thousand yen |
| Cash flows from financing activities | 8,265 thousand yen |
| Cash and cash equivalents at end of period | 705,723 thousand yen |
| Full-year earnings forecast | Net Sales 5,000 million yen (YoY +13.0%) / Operating profit 220 million yen (YoY +314.1%) / Ordinary income 190 million yen (YoY +384.5%) / Profit attributable to owners of parent 110 million yen |
| Annual Dividend Forecast | 25 yen → 25 yen（0.0%） |
| Segment revenue | Golf Business 1,647,840 thousand yen (YoY -8.5%) / Travel business 355,521 thousand yen (YoY -15.2%) / Other 281,397 thousand yen (YoY +70.5%) |
| Segment profit | Golf Business 263,480 thousand yen (YoY +3.9%) / Travel business 22,335 thousand yen (YoY -18.9%) / Other 7,045 thousand yen (YoY -19.8%) |
| Depreciation and amortization | 9,072 thousand yen |
| Impairment loss | Not applicable (no impairment loss recognized) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 1,616 thousand yen, Gain on sale of investment securities 7,862 thousand yen / Extraordinary loss No applicable matters |
| 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 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 1,807,000 shares |
| Treasury Shares at Period-End | 191 treasury shares |
| Factors Behind Changes in Business Performance | In the golf business, unfavorable weather and extreme heat, along with persistently high green fees due to soaring fuel and other costs, contributed to a decline in golf course users. In the travel business, outbound travel struggled amid the weaker yen and rising prices overseas. In the EC services business, the company changed its sales policy and prioritized securing profit at appropriate prices over revenue. |
Items this document does not state (7)
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, unfavorable weather and extreme heat from June onward, along with persistently high green fees due to soaring fuel costs, contributed to a decline in golf course users. In the travel business, outbound travel struggled amid the weaker yen and rising prices overseas. In the EC services business, revenue declined but profit increased because the company prioritized securing profit at appropriate prices over discounting.