Revised forecast
Fiscal year ending August 2026 · Full yearPrevious forecast published 14 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Profitability is expected to deteriorate due to reduced international flight services from China resulting from worsening Japan-China relations, surging aviation fuel prices amid worsening conditions in the Middle East, reduced international flight services particularly to and from ASEAN, higher overseas production costs resulting from the weaker yen, and persistently high logistics costs.
| Item | Details |
|---|---|
| Net Sales | ¥66,280 million → ¥62,260 million（-6.1%） |
| Operating profit | ¥2,800 million → ¥1,150 million（-58.9%） |
| Ordinary income | ¥2,810 million → ¥1,065 million（-62.1%） |
| Profit attributable to owners of the parent | ¥1,295 million → ¥152 million（-88.3%） |
| Net income per share | 72.58 yen and sen → 8.52 yen and sen |
| Fiscal Period Covered | Fiscal year ending August 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 October 2025 |
| Previous-period results | Net sales: ¥63,596 million; operating profit: ¥2,495 million; ordinary profit: ¥2,504 million; net income attributable to owners of the parent: ¥853 million; earnings per share: ¥47.86 |
| Reason for the revision | Profitability is expected to deteriorate due to reduced international flight services from China resulting from worsening Japan-China relations, surging aviation fuel prices amid worsening conditions in the Middle East, reduced international flight services particularly to and from ASEAN, higher overseas production costs resulting from the weaker yen, and persistently high logistics costs. |
| Dividend forecast revision | No revision |
| 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.Reduced international flight services from China due to worsening Japan-China relations have continued since last November. In addition, contracted revenue from the airport ground handling business and staff utilization are expected to decline due to surging aviation fuel prices amid worsening conditions in the Middle East and reduced international flight services, particularly to and from ASEAN. Profitability in the wholesale sector is also expected to deteriorate due to higher overseas production costs resulting from the weaker yen and persistently high logistics costs.