Worth reading
84Important
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
113
¥100 million (year-on-year increase in net income attributable to owners of the parent)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFY2025 (April 2025–March 2026)10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,742 Hundreds of millions of yen+6.9%
Operating profit302 Hundreds of millions of yen+13.3%
Ordinary income372 Hundreds of millions of yen+29.5%
Net income322 Hundreds of millions of yen+54.5%
Full-year earnings forecast
Operating revenue
5,100 Hundreds of millions of yen
Operating profit
245 Hundreds of millions of yen
Ordinary income
245 Hundreds of millions of yen
Profit attributable to owners of the parent
225 Hundreds of millions of yen
Business profit
271 Hundreds of millions of yen
EBITDA
528 Hundreds of millions of yen
Capital Expenditure
600 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating revenueAgriculture-related +¥8.7 billion, leasing +¥5.9 billion, international logistics +¥5.2 billion, hotels (net) +¥4.7 billion, housing +¥4.4 billion, stores +¥1.4 billion, railways +¥1.3 billion, construction-related −¥0.9 billion, transportation-related −¥0.4 billion, IC cards −¥0.2 billion
Operating profitInternational logistics +¥2.1 billion, housing +¥1.2 billion, leasing +¥0.7 billion, agriculture-related +¥0.4 billion, hotels +¥0.3 billion, metal recycling +¥0.3 billion, buses −¥0.5 billion, railways −¥0.4 billion, IC cards −¥0.1 billion
Ordinary incomeEquity-method investment gains (losses) +¥4.7 billion, business support fees +¥1.0 billion, interest expense −¥0.6 billion, foreign exchange gains (losses) −¥0.4 billion
Net incomeGain on sale of fixed assets ¥4.5 billion, gain on sale of investment securities ¥3.1 billion
New initiatives
- Adoption of new segments from FY2026
- Reorganization of the real estate business into real estate leasing, real estate sales, overseas real estate and real estate solutions
- Reorganization of reporting segments, including the hotel and leisure business and the distribution and food service business
Key KPIsA metric the company considers important as a management benchmark.
- Railway passenger numbers112 million people+5.5%
- Bus passenger numbers207 million people0.0%
- Air freight export volume handled105 thousand tonnes+2.3%
- Air freight import volume handled346 thousand cases+7.9%
- Ocean freight export volume handled119 thousand TEUs+6.2%
- Ocean freight import volume handled153 thousand TEUs+4.6%
- Hotel room rate¥14,177+8.4%
- Hotel occupancy rate79.7 %
- Rev PAR¥11,301+9.1%
- Same-store sales at food supermarkets2.2 % year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Railway passenger numbers112 million people+5.5%
- Hotel room rate¥14,177+8.4%
- Hotel occupancy rate79.7 %
- Rev PAR¥11,301+9.1%
Segment results
Transportation
Operating revenue
¥83,172 million+2.8%
Operating profit
¥4,055 million-18.6%
Real Estate
Operating revenue
¥95,010 million+8.2%
Operating profit
¥11,624 million+19.4%
Distribution
Operating revenue
¥73,971 million+2.8%
Operating profit
¥670 million+2.4%
Logistics
Operating revenue
¥153,012 million+3.4%
Operating profit
¥6,080 million+58.0%
Leisure and Services
Operating revenue
¥59,088 million+12.1%
Operating profit
¥6,371 million+7.4%
Other
Operating revenue
¥38,319 million+23.8%
Operating profit
¥2,571 million+8.8%
Financial targets
Equity ratio
Actual results34.6 %
Equity ratio
Actual results29.4 %
Number of stores and locations
58 existing food supermarket stores. The total number of store openings and closures during the period is not disclosed.Capital expenditures
350 Hundreds of millions of yen
Annual Dividend
Annual Dividend
¥36 100 million dividend payments
Acquisition of treasury shares
Acquisition amount
41 Hundreds of millions of yen
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | FY2025 (April 2025–March 2026) |
| Net Sales | 4,742 Hundreds of millions of yen (YoY +6.9%) |
| Operating profit | 302 Hundreds of millions of yen (YoY +13.3%) |
| Ordinary income | 372 Hundreds of millions of yen (YoY +29.5%) |
| Net income | 322 Hundreds of millions of yen (YoY +54.5%) |
| Full-year earnings forecast | Operating revenue 5,100 Hundreds of millions of yen / Operating profit 245 Hundreds of millions of yen / Ordinary income 245 Hundreds of millions of yen / Profit attributable to owners of the parent 225 Hundreds of millions of yen / Business profit 271 Hundreds of millions of yen / EBITDA 528 Hundreds of millions of yen / Capital Expenditure 600 Hundreds of millions of yen |
| Segment results | Transportation Operating revenue ¥83,172 million (YoY +2.8%) / Operating profit ¥4,055 million (YoY -18.6%) / Real Estate Operating revenue ¥95,010 million (YoY +8.2%) / Operating profit ¥11,624 million (YoY +19.4%) / Distribution Operating revenue ¥73,971 million (YoY +2.8%) / Operating profit ¥670 million (YoY +2.4%) / Logistics Operating revenue ¥153,012 million (YoY +3.4%) / Operating profit ¥6,080 million (YoY +58.0%) / Leisure and Services Operating revenue ¥59,088 million (YoY +12.1%) / Operating profit ¥6,371 million (YoY +7.4%) / Other Operating revenue ¥38,319 million (YoY +23.8%) / Operating profit ¥2,571 million (YoY +8.8%) |
| Breakdown of Factors Affecting the Change | Operating revenue Agriculture-related +¥8.7 billion, leasing +¥5.9 billion, international logistics +¥5.2 billion, hotels (net) +¥4.7 billion, housing +¥4.4 billion, stores +¥1.4 billion, railways +¥1.3 billion, construction-related −¥0.9 billion, transportation-related −¥0.4 billion, IC cards −¥0.2 billion / Operating profit International logistics +¥2.1 billion, housing +¥1.2 billion, leasing +¥0.7 billion, agriculture-related +¥0.4 billion, hotels +¥0.3 billion, metal recycling +¥0.3 billion, buses −¥0.5 billion, railways −¥0.4 billion, IC cards −¥0.1 billion / Ordinary income Equity-method investment gains (losses) +¥4.7 billion, business support fees +¥1.0 billion, interest expense −¥0.6 billion, foreign exchange gains (losses) −¥0.4 billion / Net income Gain on sale of fixed assets ¥4.5 billion, gain on sale of investment securities ¥3.1 billion |
| Key KPIs | Railway passenger numbers 112 million people (YoY +5.5%), Bus passenger numbers 207 million people (YoY 0.0%), Air freight export volume handled 105 thousand tonnes (YoY +2.3%), Air freight import volume handled 346 thousand cases (YoY +7.9%), Ocean freight export volume handled 119 thousand TEUs (YoY +6.2%), Ocean freight import volume handled 153 thousand TEUs (YoY +4.6%), Hotel room rate ¥14,177 (YoY +8.4%), Hotel occupancy rate 79.7 %, Rev PAR ¥11,301 (YoY +9.1%), Same-store sales at food supermarkets 2.2 % year on year |
| Unit price and quantity metrics | Railway passenger numbers 112 million people (YoY +5.5%), Hotel room rate ¥14,177 (YoY +8.4%), Hotel occupancy rate 79.7 %, Rev PAR ¥11,301 (YoY +9.1%) |
| Number of stores and locations | 58 existing food supermarket stores. The total number of store openings and closures during the period is not disclosed. |
| Financial targets | Equity ratio Actual results 34.6 % / Equity ratio Actual results 29.4 % |
| Annual Dividend | Annual Dividend ¥36 100 million (dividend payments) / Dividend per share Not disclosed |
| Acquisition of treasury shares | Acquisition amount 41 Hundreds of millions of yen / Number of Shares Not disclosed / Period Not disclosed |
| Capital expenditures | 350 Hundreds of millions of yen |
| New initiatives | Adoption of new segments from FY2026, Reorganization of the real estate business into real estate leasing, real estate sales, overseas real estate and real estate solutions, Reorganization of reporting segments, including the hotel and leisure business and the distribution and food service business |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.In FY2025, revenue increased due to the conversion of the Hinomaru Group into a consolidated subsidiary in the agriculture-related business, the opening of ONE FUKUOKA BLDG. in real estate leasing, and factors including foreign exchange movements and higher volumes handled in international logistics. The main factors behind operating profit were higher gross profit in international logistics, housing and leasing; the main factor behind ordinary profit was an increase in equity-method investment income; and the main factors behind net income were increases in gains on sales of fixed assets and gains on sales of investment securities. In FY2026, factors expected to reduce profit include lower gross margins in real estate sales and construction-related businesses, lower business support fees from overseas real estate, and lower equity-method investment income.
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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