Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-30.4
% (year-on-year change in interim net income attributable to owners of the parent)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 August 2025 to 31 January 2026ConsolidatedJapanese GAAPNet Sales5,450Millions of yenYear on year +10.0%Progress 47.5%
Operating profit1,025Millions of yenYear on year -5.3%Progress 44.6%
Ordinary income1,023Millions of yenYear on year -5.0%Progress 45.3%
Net income attributable to owners of the parent538Millions of yenYear on year -30.4%Progress 21.8%
The 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.
Net income per share11円71銭
Financial position at period-end
Total assets16,005Millions of yen
of which net assets 9,169 Millions of yenEquity ratio 53.9%vs. prior year-end -7.3pt
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.
Cash inflows and outflows
Operating+678,903
Investment-2,584,710
Financials+845,291
Net change-1,060,516
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥2,395,299 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales11,480 Millions of yen (YoY +9.7%)
Operating profit2,300 Millions of yen (YoY +2.4%)
Ordinary income2,260 Millions of yen (YoY +0.6%)
Net income2,470 Millions of yen (YoY +55.7%)
Annual Dividend Forecast¥3.5 → ¥5（Approximately 42.9%）
Factors Behind Changes in Business Performance
インバウンド来場者の増加、リフト券の値上げ、人工降雪機等の投資効果により売上高が増加した一方、前年同期の販売用不動産売却の反動、減価償却費、人件費・採用教育費・広告宣伝費・修繕費・外注費の増加により利益が減少した。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNot applicable.
Impairment loss¥49,136 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Fixed Assets ¥2,392 thousand, Gain on reversal of subscription rights to shares ¥408 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥32,498 thousand, Impairment Losses ¥49,136 thousand
Depreciation and amortization¥584,695 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End48,008,700株
Treasury Shares at Period-End1,968,273株
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 August 2025 to 31 January 2026 |
| Net Sales | 5,450 Millions of yen (YoY +10.0%) |
| Operating profit | 1,025 Millions of yen (YoY -5.3%) |
| Ordinary income | 1,023 Millions of yen (YoY -5.0%) |
| Profit attributable to owners of the parent | 538 Millions of yen (YoY -30.4%) |
| Net income per share | 11円71銭 |
| Equity ratio | End of the current fiscal period 53.9% / End of previous period 61.2% |
| Total assets | 16,005 Millions of yen |
| Net assets | 9,169 Millions of yen |
| Cash flows from operating activities | ¥678,903 thousand |
| Cash flows from investing activities | ¥-2,584,710 thousand |
| Cash flows from financing activities | ¥845,291 thousand |
| Cash and cash equivalents at end of period | ¥2,395,299 thousand |
| Full-year earnings forecast | Net Sales 11,480 Millions of yen (YoY +9.7%) / Operating profit 2,300 Millions of yen (YoY +2.4%) / Ordinary income 2,260 Millions of yen (YoY +0.6%) / Net income 2,470 Millions of yen (YoY +55.7%) |
| Annual Dividend Forecast | ¥3.5 → ¥5（Approximately 42.9%） |
| Depreciation and amortization | ¥584,695 thousand |
| Impairment loss | ¥49,136 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on Sale of Fixed Assets ¥2,392 thousand, Gain on reversal of subscription rights to shares ¥408 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥32,498 thousand, Impairment Losses ¥49,136 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 48,008,700株 |
| Treasury Shares at Period-End | 1,968,273株 |
| Factors Behind Changes in Business Performance | インバウンド来場者の増加、リフト券の値上げ、人工降雪機等の投資効果により売上高が増加した一方、前年同期の販売用不動産売却の反動、減価償却費、人件費・採用教育費・広告宣伝費・修繕費・外注費の増加により利益が減少した。 |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlog
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.インバウンド来場者の増加、リフト券の値上げ、人工降雪機や施設投資の効果などで売上高は増加した。一方、前年同期に販売用不動産を売却した反動、減価償却費の増加、人件費・採用教育費・広告宣伝費・修繕費・外注費などの増加により利益が減少した。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.