Results for this period
First quarter1 January 2026–31 March 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Demand recovered on factors including wage increases and growth in visitors to Japan. Restaurant Operations reported higher revenue due to various initiatives, but lower profit because of higher raw material costs and initial expenses for new overseas store openings. Contract Operations benefited from tourism demand and new contracts, while the decline in group visitors from China had an impact. Hotel Operations benefited from tourism and inbound demand, while Food Operations reported higher revenue due in part to the acquisition of たびスル株式会社 as a wholly owned subsidiary, but manufacturing costs increased. Other reported lower profit because of higher costs in the in-flight catering business.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥40,585 million (YoY +5.8%) |
| Operating profit | ¥1,566 million (YoY -1.8%) |
| Ordinary income | ¥1,498 million (YoY -11.3%) |
| Profit attributable to owners of the parent | ¥930 million (YoY -3.0%) |
| Net income per share | ¥9.44 |
| Equity ratio | End of the current fiscal period 40.9 / End of previous period 39.2 |
| Total assets | ¥132,792 million |
| Net assets | ¥54,793 million |
| Cash flows from operating activities | ¥2,048 million |
| Cash flows from investing activities | ¥-1,542 million |
| Cash flows from financing activities | ¥-5,594 million |
| Cash and cash equivalents at end of period | ¥14,487 million |
| Full-year earnings forecast | Net Sales ¥174,800 million (YoY +5.6%) / Operating profit ¥8,950 million (YoY +16.4%) / Ordinary income ¥8,800 million (YoY +11.1%) / Net income ¥5,700 million (YoY +0.7%) |
| Annual Dividend Forecast | ¥35 → ¥17.5（-50.0%） |
| Segment revenue | Food-Service Business ¥16,938 million (YoY +5.3%), Contract Operations ¥12,222 million (YoY -0.7%), Hotel Business ¥10,135 million (YoY +10.6%), Food Business ¥3,477 million (YoY +15.5%), Other ¥86 million (YoY +11.2%) |
| Segment profit | Food-Service Business ¥640 million (YoY -37.3%), Contract Operations ¥612 million (YoY +27.8%), Hotel Business ¥1,392 million (YoY +28.9%), Food Business ¥110 million (YoY -31.8%), Other ¥111 million (YoY -55.4%) |
| Depreciation and amortization | ¥1,934 million |
| Impairment loss | ¥23 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Compensation received ¥233 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥251 million, Impairment Losses ¥23 million |
| 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 | No company additions or exclusions, or company names, were disclosed (no material change in the scope of consolidation during the period) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 99,723,724 |
| Treasury Shares at Period-End | 1,198,180 |
| Factors Behind Changes in Business Performance | Demand recovered on factors including wage increases and growth in visitors to Japan. Restaurant Operations reported higher revenue due to various initiatives, but lower profit because of higher raw material costs and initial expenses for new overseas store openings. Contract Operations benefited from tourism demand and new contracts, while the decline in group visitors from China had an impact. Hotel Operations benefited from tourism and inbound demand, while Food Operations reported higher revenue due in part to the acquisition of たびスル株式会社 as a wholly owned subsidiary, but manufacturing costs increased. Other reported lower profit because of higher costs in the in-flight catering business. |
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.Demand for restaurants and accommodations recovered on factors including wage increases and growth in visitors to Japan. However, profit was pressured by higher raw material, packaging, utilities and logistics costs, initial expenses for new overseas store openings, and higher manufacturing costs at factories.