Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
19.2
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales86,639¥ millionYear on year +4.0%Progress 24.1%
Operating profit12,044¥ millionYear on year +19.2%Progress 38.9%
Ordinary income19,965¥ millionYear on year +27.3%Progress 39.5%
Net income attributable to owners of the parent15,410¥ millionYear on year +21.2%Progress 39.2%
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¥31.96
Financial position at period-end
Total assets1,208,586¥ million
of which net assets 580,386 ¥ millionEquity ratio 46.6%vs. prior year-end -0.6pt
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
Transportation53,47156.7%+5.5%
Distribution Business15,63416.6%+1.3%
Real Estate Business9,77510.4%-3.4%
Leisure and Services Business4,2764.5%+3.0%
Construction Business8,3568.9%-7.5%
Other Businesses2,7993.0%+20.8%
Segment profit
Transportation7,12159.2%+30.7%
Distribution Business4103.4%+28.9%
Real Estate Business3,48729.0%+7.6%
Leisure and Services Business2962.5%-8.4%
Construction Business6035.0%-10.9%
Other Businesses1110.9%+45.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥359,800 million (YoY +8.2%)
Operating profit¥31,000 million (YoY -8.8%)
Ordinary income¥50,500 million (YoY -13.8%)
Net income¥39,300 million (YoY -18.2%)
Annual Dividend Forecast¥21 → ¥22
Factors Behind Changes in Business Performance
Revenue and profit increased due to higher Narita Airport transportation revenue in the transportation segment amid increased inbound demand. Equity-method investment gain also increased.
Disclosure regarding the going concern assumption
No applicable matters ("There are 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 0 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥163 million / Contributions received for construction, etc. ¥134 million / Gain on sale of non-current assets ¥2 million / Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥106 million / Loss on reduction of fixed assets ¥86 million / Other ¥3 million
Depreciation and amortization¥8,783 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End517,233,555
Treasury Shares at Period-End34,994,337
| 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 | ¥86,639 million (YoY +4.0%) |
| Operating profit | ¥12,044 million (YoY +19.2%) |
| Ordinary income | ¥19,965 million (YoY +27.3%) |
| Profit attributable to owners of the parent | ¥15,410 million (YoY +21.2%) |
| Net income per share | ¥31.96 |
| Equity ratio | End of the current fiscal period 46.6 / End of previous period 47.2 |
| Total assets | ¥1,208,586 million |
| Net assets | ¥580,386 million |
| Full-year earnings forecast | Net Sales ¥359,800 million (YoY +8.2%) / Operating profit ¥31,000 million (YoY -8.8%) / Ordinary income ¥50,500 million (YoY -13.8%) / Net income ¥39,300 million (YoY -18.2%) |
| Annual Dividend Forecast | ¥21 → ¥22 |
| Segment revenue | Transportation ¥53,471 million (YoY +5.5%) / Distribution Business ¥15,634 million (YoY +1.3%) / Real Estate Business ¥9,775 million (YoY -3.4%) / Leisure and Services Business ¥4,276 million (YoY +3.0%) / Construction Business ¥8,356 million (YoY -7.5%) / Other Businesses ¥2,799 million (YoY +20.8%) |
| Segment profit | Transportation ¥7,121 million (YoY +30.7%) / Distribution Business ¥410 million (YoY +28.9%) / Real Estate Business ¥3,487 million (YoY +7.6%) / Leisure and Services Business ¥296 million (YoY -8.4%) / Construction Business ¥603 million (YoY -10.9%) / Other Businesses ¥111 million (YoY +45.9%) |
| Depreciation and amortization | ¥8,783 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥163 million / Contributions received for construction, etc. ¥134 million / Gain on sale of non-current assets ¥2 million / Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥106 million / Loss on reduction of fixed assets ¥86 million / Other ¥3 million |
| Disclosure regarding the going concern assumption | No applicable matters ("There are 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 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 517,233,555 |
| Treasury Shares at Period-End | 34,994,337 |
| Factors Behind Changes in Business Performance | Revenue and profit increased due to higher Narita Airport transportation revenue in the transportation segment amid increased inbound demand. Equity-method investment gain also increased. |
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 periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment 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.Revenue and profit increased, primarily due to higher Narita Airport transportation revenue in the transportation segment amid increased inbound demand, as well as an increase in equity-method investment gain.
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.