Revised forecast
Fiscal year ending March 2027 · Full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Although the company expects an increase in transportation revenue, including an increase in Narita Airport transportation, higher personnel expenses, electricity costs and fuel costs are expected to result in higher revenue and lower profit. In the real estate business, the company expects contributions from new rental properties and the handover of mid- and high-rise condominiums. A decrease in equity in earnings of affiliates and an increase in interest expense are also expected.
For the fiscal year ended March 2026, the company recorded impairment losses of ¥1,808 million, losses on disposal of fixed assets of ¥1,587 million, losses on reduction of fixed asset acquisition costs of ¥1,386 million, other special losses of ¥33 million, and total special losses of ¥4,815 million.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥359,800 million |
| Operating profit | Not disclosed → ¥31,000 million |
| Ordinary income | Not disclosed → ¥50,500 million |
| Profit attributable to owners of the parent | Not disclosed → ¥39,300 million |
| Net income per share | Not disclosed → 81.49 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Previous-period results | Operating revenue: ¥332,424 million; operating profit: ¥33,974 million; ordinary profit: ¥58,605 million; profit attributable to owners of the parent: ¥48,023 million; earnings per share: ¥99.59 |
| Reason for the revision | Although the company expects an increase in transportation revenue, including an increase in Narita Airport transportation, higher personnel expenses, electricity costs and fuel costs are expected to result in higher revenue and lower profit. In the real estate business, the company expects contributions from new rental properties and the handover of mid- and high-rise condominiums. A decrease in equity in earnings of affiliates and an increase in interest expense are also expected. |
| Details and amount of extraordinary loss | For the fiscal year ended March 2026, the company recorded impairment losses of ¥1,808 million, losses on disposal of fixed assets of ¥1,587 million, losses on reduction of fixed asset acquisition costs of ¥1,386 million, other special losses of ¥33 million, and total special losses of ¥4,815 million. |
| Dividend forecast revision | For the fiscal year ending March 2027, annual dividends of ¥22 per share are planned, comprising an interim dividend of ¥11 and a year-end dividend of ¥11. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 fiscal year ending March 2027, the company expects higher transportation revenue, including an increase in Narita Airport transportation, but anticipates higher revenue and lower profit due to increases in personnel expenses, electricity costs and fuel costs. In the real estate business, the company expects contributions from new rental properties and the handover of mid- and high-rise condominiums, as well as a decrease in equity in earnings of affiliates and an increase in interest expense.