Worth reading
44Recurring
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
22.6
% (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales156,655Millions of yenYear on year +8.1%Progress 49.2%
Operating profit23,263Millions of yenYear on year +22.6%Progress 62.0%
Ordinary income20,909Millions of yenYear on year +20.5%Progress 63.6%
Net income attributable to owners of the parent14,391Millions of yenYear on year +12.6%Progress 67.2%
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¥149.94
Financial position at period-end
Total assets796,793Millions of yen
of which net assets 214,208 Millions of yenEquity ratio 26.9%vs. prior year-end +1.9pt
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 revenue
Transportation23,21614.2%+2.7%
Distribution48,04729.5%-0.5%
Real Estate40,10024.6%+31.3%
Hotels36,45922.4%+1.6%
Other15,2479.4%+9.7%
Segment profit
Transportation3,617-1.3%
Distribution-119
Real Estate11,431+84.6%
Hotels7,305-7.5%
Other1,087-17.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales318,400 Millions of yen (YoY +3.5%)
Operating profit37,500 Millions of yen (YoY -3.4%)
Ordinary income32,900 Millions of yen (YoY -7.8%)
Net income21,400 Millions of yen (YoY -13.9%)
Revision to Earnings ForecastOperating revenue 321,300 Millions of yen → 318,400 Millions of yen（-0.9%） / Operating profit 37,000 Millions of yen → 37,500 Millions of yen（+1.4%） / Ordinary income 32,700 Millions of yen → 32,900 Millions of yen（+0.6%） / Profit attributable to owners of the parent 22,100 Millions of yen → 21,400 Millions of yen（-3.2%）
Annual Dividend Forecast70 Yen → 70 Yen（0.0%）
Factors Behind Changes in Business Performance
Revenue and profit increased, driven by property sales to funds in the real estate leasing business, as well as an increase in the number of units sold and an improved gross profit margin in the real estate development business.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNone in either additions or exclusions (no material changes)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment 252 Millions of yen / Subsidy Income 39 Millions of yen / Compensation income 67 Millions of yen / Total 359 Millions of yen / Extraordinary loss Loss on disposal of property, plant and equipment 222 Millions of yen / Loss on reduction of non-current assets 63 Millions of yen / Provision for store closure losses 885 Millions of yen / Other 32 Millions of yen / Total 1,202 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End98,145,499
Treasury Shares at Period-End2,151,783
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 156,655 Millions of yen (YoY +8.1%) |
| Operating profit | 23,263 Millions of yen (YoY +22.6%) |
| Ordinary income | 20,909 Millions of yen (YoY +20.5%) |
| Profit attributable to owners of the parent | 14,391 Millions of yen (YoY +12.6%) |
| Net income per share | ¥149.94 |
| Equity ratio | End of the current fiscal period 26.9% / End of previous period 25.0% |
| Total assets | 796,793 Millions of yen |
| Net assets | 214,208 Millions of yen |
| Full-year earnings forecast | Net Sales 318,400 Millions of yen (YoY +3.5%) / Operating profit 37,500 Millions of yen (YoY -3.4%) / Ordinary income 32,900 Millions of yen (YoY -7.8%) / Net income 21,400 Millions of yen (YoY -13.9%) |
| Revision to Earnings Forecast | Operating revenue 321,300 Millions of yen → 318,400 Millions of yen（-0.9%） / Operating profit 37,000 Millions of yen → 37,500 Millions of yen（+1.4%） / Ordinary income 32,700 Millions of yen → 32,900 Millions of yen（+0.6%） / Profit attributable to owners of the parent 22,100 Millions of yen → 21,400 Millions of yen（-3.2%） |
| Annual Dividend Forecast | 70 Yen → 70 Yen（0.0%） |
| Segment revenue | Transportation 23,216 Millions of yen (YoY +2.7%) / Distribution 48,047 Millions of yen (YoY -0.5%) / Real Estate 40,100 Millions of yen (YoY +31.3%) / Hotels 36,459 Millions of yen (YoY +1.6%) / Other 15,247 Millions of yen (YoY +9.7%) |
| Segment profit | Transportation 3,617 Millions of yen (YoY -1.3%) / Distribution -119 Millions of yen / Real Estate 11,431 Millions of yen (YoY +84.6%) / Hotels 7,305 Millions of yen (YoY -7.5%) / Other 1,087 Millions of yen (YoY -17.0%) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment 252 Millions of yen / Subsidy Income 39 Millions of yen / Compensation income 67 Millions of yen / Total 359 Millions of yen / Extraordinary loss Loss on disposal of property, plant and equipment 222 Millions of yen / Loss on reduction of non-current assets 63 Millions of yen / Provision for store closure losses 885 Millions of yen / Other 32 Millions of yen / Total 1,202 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | None in either additions or exclusions (no material changes) |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 98,145,499 |
| Treasury Shares at Period-End | 2,151,783 |
| Factors Behind Changes in Business Performance | Revenue and profit increased, driven by property sales to funds in the real estate leasing business, as well as an increase in the number of units sold and an improved gross profit margin in the real estate development business. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossMaterial subsequent events
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.For the interim period, the increase in revenue and profit was attributable to property sales to funds in the real estate leasing business, as well as an increase in the number of units sold and an improved gross profit margin in the real estate development business. The full-year forecast was revised based on expectations of lower revenue in the real estate development and real estate leasing businesses, lower expenses in the real estate leasing business, and the expected recognition of extraordinary losses, 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.