Results for this period
Interim period (second quarter)1 January 2026–30 June 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).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue and profit declined due to the economic slowdown centered in Europe, persistently high prices, the impact of the situation in the Middle East on air services, higher fuel costs, foreign exchange fluctuations, a substantial decline in the Chinese market, cancellations of tours to Japan, and the closure of operations at T Mark City Hotel Sapporo. Meanwhile, demand from South Korea, Taiwan, Southeast Asia, Europe, the United States and Australia, the use of hotel sales channels, and strengthened digitalization and sales activities supported performance.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥3,292 million (YoY -5.1%) |
| Operating profit | ¥822 million (YoY -12.8%) |
| Ordinary income | ¥774 million (YoY -14.5%) |
| Profit attributable to owners of the parent | ¥721 million (YoY -11.3%) |
| Net income per share | ¥57.45 |
| Equity ratio | End of the current fiscal period 44.1 / End of previous period 40 |
| Total assets | ¥10,680 million |
| Net assets | ¥4,705 million |
| Cash flows from operating activities | ¥883,619 thousand |
| Cash flows from investing activities | ¥364,914 thousand |
| Cash flows from financing activities | ¥-661,661 thousand |
| Cash and cash equivalents at end of period | ¥2,822,816 thousand |
| Full-year earnings forecast | Net Sales ¥7,131 million (YoY -0.7%) / Operating profit ¥1,800 million (YoY -9.9%) / Ordinary income ¥1,710 million (YoY -11.8%) / Net income ¥1,425 million (YoY +2.9%) |
| Annual Dividend Forecast | ¥40 → ¥42 |
| Segment revenue | Travel Business ¥1,423,580 thousand (YoY -6.6%), Bus Business ¥968,351 thousand (YoY -9.8%), Hotel and other facilities operations business ¥1,483,320 thousand (YoY -4.2%), Other ¥45,788 thousand |
| Segment profit | Travel Business ¥540,918 thousand (YoY -6.7%), Bus Business ¥190,827 thousand (YoY -26.2%), Hotel and other facilities operations business ¥331,344 thousand (YoY -1.1%), Other ¥1,480 thousand |
| Depreciation and amortization | ¥163,443 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1,384 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥521 thousand, Litigation-related losses ¥1,098 thousand |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| 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 (company name: —) / Excluded 0 companies (company name: —) |
| 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 | 12,664,700 |
| Treasury Shares at Period-End | 109,229 |
| Factors Behind Changes in Business Performance | Revenue and profit declined due to the economic slowdown centered in Europe, persistently high prices, the impact of the situation in the Middle East on air services, higher fuel costs, foreign exchange fluctuations, a substantial decline in the Chinese market, cancellations of tours to Japan, and the closure of operations at T Mark City Hotel Sapporo. Meanwhile, demand from South Korea, Taiwan, Southeast Asia, Europe, the United States and Australia, the use of hotel sales channels, and strengthened digitalization and sales activities supported performance. |
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.The results were affected by the economic slowdown centered in Europe, high prices, the impact of the situation in the Middle East on air services, higher fuel costs, foreign exchange fluctuations, a substantial decline in the Chinese market, and the closure of operations at T Mark City Hotel Sapporo.