Worth reading
41Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-25.8
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales7,006¥ millionYear on year -25.8%Progress 17.8%
Operating profit1,296¥ millionYear on year -40.9%Progress 26.4%
Ordinary income1,325¥ millionYear on year -42.5%Progress 27.0%
Net income attributable to owners of the parent876¥ millionYear on year -42.9%Progress 25.8%
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 share¥17.75
Financial position at period-end
Total assets110,325¥ million
of which net assets 64,469 ¥ millionEquity ratio 55.8%vs. prior year-end +0.9pt
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.
Segment revenueAirport Real Estate Business ¥4,241 million (YoY -1.7%), Off-Airport Real Estate Business ¥843 million (YoY -73.4%), Airport Infrastructure Business ¥1,735 million (YoY -1.3%), Other Businesses ¥185 million (YoY -2.4%)
Segment profitAirport Real Estate Business ¥1,187 million (YoY -8.4%), Off-Airport Real Estate Business ¥214 million (YoY -78.0%), Airport Infrastructure Business ¥233 million (YoY -23.4%), Other Businesses ¥63 million (YoY -8.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥39,300 million (YoY +6.8%)
Operating profit¥4,900 million (YoY -27.0%)
Ordinary income¥4,900 million (YoY -31.2%)
Net income¥3,400 million (YoY -2.2%)
Annual Dividend Forecast¥42 → ¥42（0.0%）
Factors Behind Changes in Business Performance
The main factors included the absence of a sale of an office building (investment property for sale) in the non-asset business, compared with the sale of one property in the same period of the previous year. In the Airport Real Estate Business, the end of contracts with certain tenants was a factor, while in the Airport Infrastructure Business, the factors were decreases in the volume of district heating and cooling supplied and water consumption.
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 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Other ¥3 million
Depreciation and amortization¥1,115 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End52,006,350 shares
Treasury Shares at Period-End2,570,015 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥7,006 million (YoY -25.8%) |
| Operating profit | ¥1,296 million (YoY -40.9%) |
| Ordinary income | ¥1,325 million (YoY -42.5%) |
| Profit attributable to owners of the parent | ¥876 million (YoY -42.9%) |
| Net income per share | ¥17.75 |
| Equity ratio | End of the current fiscal period 55.8% / End of previous period 54.9% |
| Total assets | ¥110,325 million |
| Net assets | ¥64,469 million |
| Full-year earnings forecast | Net Sales ¥39,300 million (YoY +6.8%) / Operating profit ¥4,900 million (YoY -27.0%) / Ordinary income ¥4,900 million (YoY -31.2%) / Net income ¥3,400 million (YoY -2.2%) |
| Annual Dividend Forecast | ¥42 → ¥42（0.0%） |
| Segment revenue | Airport Real Estate Business ¥4,241 million (YoY -1.7%), Off-Airport Real Estate Business ¥843 million (YoY -73.4%), Airport Infrastructure Business ¥1,735 million (YoY -1.3%), Other Businesses ¥185 million (YoY -2.4%) |
| Segment profit | Airport Real Estate Business ¥1,187 million (YoY -8.4%), Off-Airport Real Estate Business ¥214 million (YoY -78.0%), Airport Infrastructure Business ¥233 million (YoY -23.4%), Other Businesses ¥63 million (YoY -8.2%) |
| Depreciation and amortization | ¥1,115 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Other ¥3 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 | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 52,006,350 shares |
| Treasury Shares at Period-End | 2,570,015 treasury shares |
| Factors Behind Changes in Business Performance | The main factors included the absence of a sale of an office building (investment property for sale) in the non-asset business, compared with the sale of one property in the same period of the previous year. In the Airport Real Estate Business, the end of contracts with certain tenants was a factor, while in the Airport Infrastructure Business, the factors were decreases in the volume of district heating and cooling supplied and water consumption. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment 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.There was no sale of an office building (investment property for sale) in the non-asset business, compared with the sale of one property in the same period of the previous year, among other factors.
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.