Results for this period
Full year1 April 2025–31 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.
The company actively pursued sales activities across the group and worked to strengthen its business base. In the transportation business, results benefited from demand stimulation measures, the launch of new community bus routes, fare revisions, initiatives to increase usage and higher bus tour bookings. In the real estate business, results benefited from events and the attraction of 6 new stores. In the merchandise sales business, demand for souvenirs remained firm and existing stores were expanded. In the ryokan business, results benefited from an increase in the number of guests and price revisions. In the airline agency business, changes to contract terms increased agency fees.
None. The notes regarding the going concern assumption state, “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥20,331 million (YoY +1.7%) |
| Operating profit | ¥2,237 million (YoY +11.0%) |
| Ordinary income | ¥1,769 million (YoY +9.8%) |
| Profit attributable to owners of the parent | ¥1,148 million (YoY +5.7%) |
| Net income per share | ¥299.14 |
| Operating Margin | Current fiscal year 11 % / Previous period 10.1 % |
| Equity ratio | End of the current fiscal period 35.5 / End of previous period 33.7 |
| Total assets | ¥56,889 million |
| Net assets | ¥20,187 million |
| Cash flows from operating activities | ¥2,809 million |
| Cash flows from investing activities | ¥-899 million |
| Cash flows from financing activities | ¥-1,952 million |
| Cash and cash equivalents at end of period | ¥2,543 million |
| Full-year earnings forecast | Net Sales ¥20,500 million (YoY +0.8%) / Operating profit ¥1,500 million (YoY -33.0%) / Ordinary income ¥1,000 million (YoY -43.5%) / Net income ¥600 million (YoY -47.8%) |
| Annual Dividend Forecast | ¥10 → ¥10（0.0%） |
| Payout ratio | Fiscal year ending March 2026 3.3 % / Forecast for the fiscal year ending March 2027 6.4 % |
| Segment revenue | Transportation Business ¥8,549.34 million (YoY -0.1%), Real Estate Business ¥2,711.74 million (YoY +2.6%), Product Sales Business ¥2,664.71 million (YoY +6.9%), Travel Business ¥2,568.31 million (YoY -1.9%), Ryokan business ¥1,772.65 million (YoY +5.6%), Airline agency ¥798.87 million (YoY +1.7%) |
| Segment profit | Transportation Business ¥514,329 thousand (YoY -3.0%), Real Estate Business ¥1,011,270 thousand (YoY +13.8%), Product Sales Business ¥156,358 thousand (YoY +21.1%), Travel Business ¥54,035 thousand (YoY +277.1%), Ryokan business ¥111,646 thousand (YoY +49.3%), Airline agency ¥222,286 thousand (YoY +4.0%) |
| Depreciation and amortization | ¥1,303,292 thousand |
| Impairment loss | ¥65,699 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥6,674 thousand, Subsidy Income ¥49,239 thousand, Other ¥3,205 thousand / Extraordinary loss Loss on sale of fixed assets ¥3,404 thousand, Loss on Disposal of Fixed Assets ¥74,759 thousand, Loss on reduction of fixed assets ¥6,265 thousand, Impairment Losses ¥65,699 thousand, Other ¥1,162 thousand |
| Disclosure regarding the going concern assumption | None. The notes regarding the going concern assumption state, “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 / Excluded 0 / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (attendees: Not disclosed) |
| Issued Shares at Period-End | 3,864,000 |
| Treasury Shares at Period-End | 23,019 |
| Factors Behind Changes in Business Performance | The company actively pursued sales activities across the group and worked to strengthen its business base. In the transportation business, results benefited from demand stimulation measures, the launch of new community bus routes, fare revisions, initiatives to increase usage and higher bus tour bookings. In the real estate business, results benefited from events and the attraction of 6 new stores. In the merchandise sales business, demand for souvenirs remained firm and existing stores were expanded. In the ryokan business, results benefited from an increase in the number of guests and price revisions. In the airline agency business, changes to contract terms increased agency fees. |
Items this document does not state (4)
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 ended March 2026, results benefited from company-wide, proactive sales activities and efforts to strengthen the business base, as well as demand stimulation, sales promotion, fare revisions and price revisions in each business. For the fiscal year ending March 2027, uncertainty over global conditions and energy prices, together with an expected shortage of drivers and higher costs including fuel expenses, is expected to weigh on results.