Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
3
¥100 million (year-on-year change in operating income)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportSecond quarter of fiscal 2026 (April to September 2026)6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,440 100 million+9.2%
Operating profit¥146 100 million+2.1%
Ordinary income¥151 100 million+5.1%
Net income¥147 100 million-11.0%
Full-year earnings forecast
Operating revenue
¥5,100 100 million
Operating profit
¥265 100 million
Ordinary income
¥260 100 million
Profit attributable to owners of the parent
¥225 100 million
Business profit
¥284 100 million
Depreciation and amortization
¥255 100 million
EBITDA
¥539 100 million
Capital Expenditure
¥600 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating revenue
International Logistics
¥125 100 million
Agriculture-related
¥81 100 million
Hotel exposure
¥19 100 million
Real estate leasing
¥18 100 million
Railways
¥14 100 million
Real Estate Solutions
¥7 100 million
Real Estate Sales
¥-57 100 million
International Real Estate
¥-14 100 million
Vehicle maintenance-related
¥-8 100 million
Operating profit
Real estate leasing
¥12 100 million
Railways
¥11 100 million
International Logistics
¥7 100 million
Hotels
¥6 100 million
Agriculture-related
¥2 100 million
Resource and energy-related
¥2 100 million
Real Estate Sales
¥-17 100 million
International Real Estate
¥-14 100 million
Construction-Related
¥-2 100 million
Vehicle maintenance-related
¥-2 100 million
Ordinary income
Share of Profit or Loss of Investments Accounted for Using the Equity Method
¥8 100 million
Interest expenses
¥-4 100 million
Key KPIsA metric the company considers important as a management benchmark.
- Railway passenger numbers58 million peopleYear on year against the same period last year+3.8%
- Bus passenger numbers105 million peopleYear on year against the same period last year+0.4%
- Occupancy rate at domestic lodging-focused hotels78.7 %Year on year against the same period last yearUp 1.7 percentage points
- Rev PAR11,564 YenYear on year against the same period last year+11.3%
- Air freight export volume handled57 thousand tonnesYear on year against the same period last year+7.4%
- Air freight import volume handled179 thousand casesYear on year against the same period last year+3.5%
- Ocean freight export volume handled60 thousand TEUsYear on year against the same period last year+1.7%
- Ocean freight import volume handled79 thousand TEUsYear on year against the same period last year+6.7%
- Number of subdivision lots sold279 units/lotsYear on year against the same period last year-38.7%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Average room rate at domestic lodging-focused hotels
14,701 Yen+9.0%
Occupancy rate at domestic lodging-focused hotels
78.7 %
Rev PAR
11,564 Yen+11.3%
Railway passenger numbers
58 million people+3.8%
Bus passenger numbers
105 million people+0.4%
Segment results
Mobility
Operating revenue
¥51,420 million+5.2%
Operating profit
¥3,774 million+29.2%
Real estate
Operating revenue
¥40,774 million-10.1%
Operating profit
¥4,046 million-30.3%
Hotels and leisure
Operating revenue
¥23,039 million+10.8%
Operating profit
¥3,066 million+21.8%
Retail and food services
Operating revenue
¥37,145 million+1.2%
Operating profit
¥78 million+86.0%
Logistics
Operating revenue
¥83,897 million+16.6%
Operating profit
¥3,257 million+28.2%
Business support services
Operating revenue
¥18,137 million+76.5%
Operating profit
¥613 million+15.7%
Financial targets
Equity ratio
36.2 %
StandardActual as of the end of September 2026
Equity ratio
30.6 %
StandardActual as of the end of September 2026
Capital expenditures
¥147 100 million
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Second quarter of fiscal 2026 (April to September 2026) |
| Net Sales | ¥2,440 100 million (YoY +9.2%) |
| Operating profit | ¥146 100 million (YoY +2.1%) |
| Ordinary income | ¥151 100 million (YoY +5.1%) |
| Net income | ¥147 100 million (YoY -11.0%) |
| Full-year earnings forecast | Operating revenue ¥5,100 100 million / Operating profit ¥265 100 million / Ordinary income ¥260 100 million / Profit attributable to owners of the parent ¥225 100 million / Business profit ¥284 100 million / Depreciation and amortization ¥255 100 million / EBITDA ¥539 100 million / Capital Expenditure ¥600 100 million |
| Segment results | Mobility Operating revenue ¥51,420 million (YoY +5.2%) / Operating profit ¥3,774 million (YoY +29.2%) / Real estate Operating revenue ¥40,774 million (YoY -10.1%) / Operating profit ¥4,046 million (YoY -30.3%) / Hotels and leisure Operating revenue ¥23,039 million (YoY +10.8%) / Operating profit ¥3,066 million (YoY +21.8%) / Retail and food services Operating revenue ¥37,145 million (YoY +1.2%) / Operating profit ¥78 million (YoY +86.0%) / Logistics Operating revenue ¥83,897 million (YoY +16.6%) / Operating profit ¥3,257 million (YoY +28.2%) / Business support services Operating revenue ¥18,137 million (YoY +76.5%) / Operating profit ¥613 million (YoY +15.7%) |
| Breakdown of Factors Affecting the Change | Operating revenue International Logistics ¥125 100 million / Agriculture-related ¥81 100 million / Hotel exposure ¥19 100 million / Real estate leasing ¥18 100 million / Railways ¥14 100 million / Real Estate Solutions ¥7 100 million / Real Estate Sales ¥-57 100 million / International Real Estate ¥-14 100 million / Vehicle maintenance-related ¥-8 100 million / Operating profit Real estate leasing ¥12 100 million / Railways ¥11 100 million / International Logistics ¥7 100 million / Hotels ¥6 100 million / Agriculture-related ¥2 100 million / Resource and energy-related ¥2 100 million / Real Estate Sales ¥-17 100 million / International Real Estate ¥-14 100 million / Construction-Related ¥-2 100 million / Vehicle maintenance-related ¥-2 100 million / Ordinary income Share of Profit or Loss of Investments Accounted for Using the Equity Method ¥8 100 million / Interest expenses ¥-4 100 million |
| Key KPIs | Indicator name Railway passenger numbers / Value 58 million people / Year on year against the same period last year 3.8 million people, Indicator name Bus passenger numbers / Value 105 million people / Year on year against the same period last year 0.4 million people, Indicator name Occupancy rate at domestic lodging-focused hotels / Value 78.7 % / Year on year against the same period last year Up 1.7 percentage points, Indicator name Rev PAR / Value 11,564 Yen / Year on year against the same period last year 11.3 Yen, Indicator name Air freight export volume handled / Value 57 thousand tonnes / Year on year against the same period last year 7.4 thousand tonnes, Indicator name Air freight import volume handled / Value 179 thousand cases / Year on year against the same period last year 3.5 thousand cases, Indicator name Ocean freight export volume handled / Value 60 thousand TEUs / Year on year against the same period last year 1.7 thousand TEUs, Indicator name Ocean freight import volume handled / Value 79 thousand TEUs / Year on year against the same period last year 6.7 thousand TEUs, Indicator name Number of subdivision lots sold / Value 279 units/lots / Year on year against the same period last year -38.7 units/lots |
| Unit price and quantity metrics | Average room rate at domestic lodging-focused hotels 14,701 Yen (YoY +9.0%) / Occupancy rate at domestic lodging-focused hotels 78.7 % / Rev PAR 11,564 Yen (YoY +11.3%) / Railway passenger numbers 58 million people (YoY +3.8%) / Bus passenger numbers 105 million people (YoY +0.4%) |
| Financial targets | Equity ratio 36.2 % / Equity ratio 30.6 % |
| Capital expenditures | ¥147 100 million |
Items this document does not state (18)
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 stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 due to higher international logistics handling volume, the consolidation of ヒノマルグループ as a subsidiary, higher hotel room rates, the effects of railway fare revisions and increased occupancy of office space in the real estate leasing business. On the other hand, a decline in the number of condominiums sold in the real estate sales business and a decrease in gains on sales of investment securities were factors contributing to lower profit.
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.