Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Based on consolidated results for the second quarter (interim period), operating revenue and operating income were revised upward because, although revenue is expected to decline in the hotel and leisure business, revenue is expected to increase in the transportation, distribution and international logistics businesses. Ordinary income and net income attributable to owners of the parent were also revised upward due to higher interest and dividend income and the recognition of gains on the sale of securities.
| Item | Details |
|---|---|
| Net Sales | 1,840,000 Millions of yen → 1,910,000 Millions of yen（+3.8%） |
| Operating profit | 90,000 Millions of yen → 93,000 Millions of yen（+3.3%） |
| Ordinary income | 82,000 Millions of yen → 87,000 Millions of yen（+6.1%） |
| Profit attributable to owners of the parent | 47,000 Millions of yen → 54,000 Millions of yen（+14.9%） |
| Net income per share | 247.18 Yen/sen → 283.99 Yen/sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Fiscal year ended March 2026: operating revenue ¥1,750,307 million, operating income ¥89,436 million, ordinary income ¥84,577 million, net income attributable to owners of the parent ¥53,771 million, and earnings per share ¥282.77. For reference, second quarter (interim period) of the fiscal year ended March 2026: operating revenue ¥856,315 million, operating income ¥42,167 million, ordinary income ¥39,780 million, interim net income attributable to owners of the parent ¥23,731 million, and interim earnings per share ¥124.79. |
| Reason for the revision | Based on consolidated results for the second quarter (interim period), operating revenue and operating income were revised upward because, although revenue is expected to decline in the hotel and leisure business, revenue is expected to increase in the transportation, distribution and international logistics businesses. Ordinary income and net income attributable to owners of the parent were also revised upward due to higher interest and dividend income and the recognition of gains on the sale of securities. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.Although the hotel and leisure business remained sluggish due to heightened tensions in the Middle East and restrained travel from China, express train usage in the transportation business, visitor traffic and duty-free sales generated by department store renovations and events, and AI-related cargo in the international logistics business were strong. In addition, higher interest and dividend income and gains on the sale of securities boosted earnings.