Results for this period
Third quarter1 August 2025 to 30 April 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.
Selling, general and administrative expenses increased due to upfront investments in advertising and promotion, while the gross margin improved due to a more profitable mix of projects and improved purchasing terms, narrowing losses at each stage of the income statement.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 August 2025 to 30 April 2026 |
| Net Sales | ¥1,443 million (YoY -7.9%) |
| Operating profit | ¥-35 million |
| Ordinary income | ¥-39 million |
| Profit attributable to owners of the parent | ¥-42 million |
| Net income per share | −¥28.29 |
| Equity ratio | End of the current fiscal period 23.4 / End of previous period 28.4 |
| Total assets | ¥4,557 million |
| Net assets | ¥1,072 million |
| Full-year earnings forecast | Net Sales 2,850～3,050 / Operating profit 310～350 / Ordinary income 300～340 / Net income 230～260 |
| Revision to Earnings Forecast | Not disclosed → Net Sales 2,850～3,050 / Operating profit 310～350 / Ordinary income 300～340 / Net income 230～260 |
| Annual Dividend Forecast | ¥18 → ¥26 |
| Segment revenue | Travel business ¥1,422.37 thousand (YoY -7.5%), Other businesses ¥20.98 thousand (YoY -25.5%) |
| Segment profit | Travel business ¥-42.49 thousand, Other businesses ¥7.12 thousand (YoY -7.7%) |
| Depreciation and amortization | ¥15.86 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1.55 thousand / Extraordinary loss Not disclosed |
| 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 / Excluded 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 1,524,700 Shares |
| Treasury Shares at Period-End | 13,816 Shares |
| Factors Behind Changes in Business Performance | Selling, general and administrative expenses increased due to upfront investments in advertising and promotion, while the gross margin improved due to a more profitable mix of projects and improved purchasing terms, narrowing losses at each stage of the income statement. |
Items this document does not state (10)
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.Selling, general and administrative expenses increased because the company made upfront investments in advertising and promotion to secure orders for bookings made in advance, including charter cruises originating during Golden Week. Meanwhile, the gross margin improved due to a more profitable mix of projects and improved purchasing terms, narrowing the loss.