Worth reading
71In focus
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
63.2
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 October 2025–31 March 2026ConsolidatedIFRSNet Sales17,739Millions of yenYear on year +35.5%Progress 52.2%
Operating profit2,505Millions of yenYear on year +63.2%Progress 167.0%
Ordinary income2,384Millions of yenYear on year +62.3%Progress 170.3%
Net income attributable to owners of the parent1,867Millions of yenYear on year +106.4%Progress 311.2%
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 share¥82.83
Financial position at period-end
Total assets40,809Millions of yen
of which net assets 19,771 Millions of yenEquity ratio 41.9%vs. prior year-end -5.5pt
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+1,953
Investment-1,422
Financials+383
Net change+914
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period14,102 Millions of yen
Segment revenue
Online Travel Business9,13750.1%
Inbound Business1,99110.9%
IT Development Business3,53819.4%
Investment Business3401.9%
AirTrip economic zone and other businesses3,21417.6%
Segment profit
Online Travel Business1,72162.8%
Inbound Business2539.2%
IT Development Business1073.9%
Investment Business41015.0%
AirTrip economic zone and other businesses2509.1%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales34,000 Millions of yen (YoY +20.9%)
Operating profit1,500 Millions of yen (YoY -48.4%)
Ordinary income1,400 Millions of yen (YoY -46.2%)
Net income600 Millions of yen (YoY -33.7%)
Revision to Earnings ForecastNet Sales Not disclosed → 34,000 Millions of yen / Operating profit Not disclosed → 1,500 Millions of yen / Ordinary income Not disclosed → 1,400 Millions of yen / Net income Not disclosed → 600 Millions of yen
Annual Dividend Forecast¥10 → Not disclosed
Factors Behind Changes in Business Performance
The Online Travel Business reported higher revenue as travel demand recovered. The IT Development Business reflected the consolidation of Hybrid Technologies Co.,Ltd. as a subsidiary. The Inbound Business, Investment Business and AirTrip economic zone and other businesses reported revenue and segment profit above the levels of the same period of the previous year.
Disclosure regarding the going concern assumption
No applicable matters
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 Number of companies 1 / Company name Hybrid Technologies Co.,Ltd. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Depreciation and amortization486 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End22,772,065 Shares
Treasury Shares at Period-End309 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | 17,739 Millions of yen (YoY +35.5%) |
| Operating profit | 2,505 Millions of yen (YoY +63.2%) |
| Ordinary income | 2,384 Millions of yen (YoY +62.3%) |
| Profit attributable to owners of the parent | 1,867 Millions of yen (YoY +106.4%) |
| Net income per share | ¥82.83 |
| Equity ratio | End of the current fiscal period 41.9 / End of previous period 47.4 |
| Total assets | 40,809 Millions of yen |
| Net assets | 19,771 Millions of yen |
| Cash flows from operating activities | 1,953 Millions of yen |
| Cash flows from investing activities | -1,422 Millions of yen |
| Cash flows from financing activities | 383 Millions of yen |
| Cash and cash equivalents at end of period | 14,102 Millions of yen |
| Full-year earnings forecast | Net Sales 34,000 Millions of yen (YoY +20.9%) / Operating profit 1,500 Millions of yen (YoY -48.4%) / Ordinary income 1,400 Millions of yen (YoY -46.2%) / Net income 600 Millions of yen (YoY -33.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 34,000 Millions of yen / Operating profit Not disclosed → 1,500 Millions of yen / Ordinary income Not disclosed → 1,400 Millions of yen / Net income Not disclosed → 600 Millions of yen |
| Annual Dividend Forecast | ¥10 → Not disclosed |
| Segment revenue | Segment Online Travel Business / Net Sales 9,137 Millions of yen (YoY +2.7%), Segment Inbound Business / Net Sales 1,991 Millions of yen (YoY +39.1%), Segment IT Development Business / Net Sales 3,538 Millions of yen, Segment Investment Business / Net Sales 340 Millions of yen (YoY +73.2%), Segment AirTrip economic zone and other businesses / Net Sales 3,214 Millions of yen (YoY +22.9%) |
| Segment profit | Segment Online Travel Business / Segment profit 1,721 Millions of yen (YoY -3.5%), Segment Inbound Business / Segment profit 253 Millions of yen (YoY +79.9%), Segment IT Development Business / Segment profit 107 Millions of yen, Segment Investment Business / Segment profit 410 Millions of yen (YoY +152.2%), Segment AirTrip economic zone and other businesses / Segment profit 250 Millions of yen (YoY +36.0%) |
| Depreciation and amortization | 486 Millions of yen |
| 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 1 / Company name Hybrid Technologies Co.,Ltd. / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 22,772,065 Shares |
| Treasury Shares at Period-End | 309 Shares |
| Factors Behind Changes in Business Performance | The Online Travel Business reported higher revenue as travel demand recovered. The IT Development Business reflected the consolidation of Hybrid Technologies Co.,Ltd. as a subsidiary. The Inbound Business, Investment Business and AirTrip economic zone and other businesses reported revenue and segment profit above the levels of the same period of the previous year. |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)
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.The Online Travel Business reported higher revenue as travel demand recovered. In the IT Development Business, Hybrid Technologies Co.,Ltd. became a consolidated subsidiary from the current fiscal year. The Inbound Business, Investment Business and AirTrip economic zone and other businesses also reported higher revenue and profit.
How to read this page
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