Worth reading
46Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
18.4
Year-on-year change 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 Sales10,855¥ millionYear on year +5.5%Progress 51.7%
Operating profit1,395¥ millionYear on year +18.4%Progress 69.8%
Ordinary income1,189¥ millionYear on year +24.1%Progress 79.3%
Net income attributable to owners of the parent748¥ millionYear on year +17.8%
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¥194.85
Financial position at period-end
Total assets55,194¥ million
of which net assets 20,909 ¥ millionEquity ratio 37.9%vs. prior year-end +2.4pt
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 revenueTransportation business ¥4,398,831 thousand (YoY +2.7%), Real estate operations ¥1,297,367 thousand (YoY -1.2%), Merchandise Sales Business ¥1,725,599 thousand (YoY +17.4%), Travel Business ¥1,281,778 thousand (YoY +1.8%), Ryokan Business ¥1,100,902 thousand (YoY +13.0%), Airline agency ¥399,704 thousand (YoY +7.0%)
Segment profitTransportation business ¥312,705 thousand (YoY +24.8%), Real estate operations ¥520,562 thousand (YoY +10.2%), Merchandise Sales Business ¥182,390 thousand (YoY +50.0%), Travel Business ¥33,657 thousand (YoY +106.9%), Ryokan Business ¥171,267 thousand (YoY +24.5%), Airline agency ¥93,636 thousand (YoY -7.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥21,000 million (YoY +3.3%)
Operating profit¥2,000 million (YoY -10.6%)
Ordinary income¥1,500 million (YoY -15.2%)
Profit attributable to owners of the parent¥900 million (YoY -21.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥21,000 million / Operating profit Not disclosed → ¥2,000 million / Ordinary income Not disclosed → ¥1,500 million / Profit attributable to owners of the parent Not disclosed → ¥900 million
Annual Dividend Forecast¥10 → ¥10（0.0%）
Factors Behind Changes in Business Performance
In the Transportation business, higher demand for bus services, strong demand for highway bus services, and higher unit prices following revisions to chartered bus fares contributed to higher revenue. The Real Estate business reported lower revenue due to a decline in rental income following the sale of BP2. In the Product Sales business, increased demand related to visits to family and friends and events, as well as sales of newly handled products, contributed to revenue. In the Ryokan business, higher numbers of guests and higher lodging rates contributed to revenue.
Disclosure regarding the going concern assumption
Not applicable
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
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,813 thousand, Government Grants ¥5,900 thousand, Other ¥66 thousand / Extraordinary loss Loss on sale of noncurrent assets ¥3,742 thousand, Loss on disposal of fixed assets ¥61,903 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End3,864,000
Treasury Shares at Period-End23,156
| 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 | ¥10,855 million (YoY +5.5%) |
| Operating profit | ¥1,395 million (YoY +18.4%) |
| Ordinary income | ¥1,189 million (YoY +24.1%) |
| Profit attributable to owners of the parent | ¥748 million (YoY +17.8%) |
| Net income per share | ¥194.85 |
| Equity ratio | End of the current fiscal period 37.9 / End of previous period 35.5 |
| Total assets | ¥55,194 million |
| Net assets | ¥20,909 million |
| Full-year earnings forecast | Net Sales ¥21,000 million (YoY +3.3%) / Operating profit ¥2,000 million (YoY -10.6%) / Ordinary income ¥1,500 million (YoY -15.2%) / Profit attributable to owners of the parent ¥900 million (YoY -21.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥21,000 million / Operating profit Not disclosed → ¥2,000 million / Ordinary income Not disclosed → ¥1,500 million / Profit attributable to owners of the parent Not disclosed → ¥900 million |
| Annual Dividend Forecast | ¥10 → ¥10（0.0%） |
| Segment revenue | Transportation business ¥4,398,831 thousand (YoY +2.7%), Real estate operations ¥1,297,367 thousand (YoY -1.2%), Merchandise Sales Business ¥1,725,599 thousand (YoY +17.4%), Travel Business ¥1,281,778 thousand (YoY +1.8%), Ryokan Business ¥1,100,902 thousand (YoY +13.0%), Airline agency ¥399,704 thousand (YoY +7.0%) |
| Segment profit | Transportation business ¥312,705 thousand (YoY +24.8%), Real estate operations ¥520,562 thousand (YoY +10.2%), Merchandise Sales Business ¥182,390 thousand (YoY +50.0%), Travel Business ¥33,657 thousand (YoY +106.9%), Ryokan Business ¥171,267 thousand (YoY +24.5%), Airline agency ¥93,636 thousand (YoY -7.9%) |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥5,813 thousand, Government Grants ¥5,900 thousand, Other ¥66 thousand / Extraordinary loss Loss on sale of noncurrent assets ¥3,742 thousand, Loss on disposal of fixed assets ¥61,903 thousand |
| Disclosure regarding the going concern assumption | Not applicable |
| 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 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 3,864,000 |
| Treasury Shares at Period-End | 23,156 |
| Factors Behind Changes in Business Performance | In the Transportation business, higher demand for bus services, strong demand for highway bus services, and higher unit prices following revisions to chartered bus fares contributed to higher revenue. The Real Estate business reported lower revenue due to a decline in rental income following the sale of BP2. In the Product Sales business, increased demand related to visits to family and friends and events, as well as sales of newly handled products, contributed to revenue. In the Ryokan business, higher numbers of guests and higher lodging rates contributed to revenue. |
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 periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial 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.The full-year forecast was revised based on results for the cumulative second quarter of the fiscal year and recent trends. Higher interim revenue was driven by demand for bus and highway bus services, revised chartered bus fares, increased product sales, and the capture of lodging demand, 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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