Worth reading
47Recurring
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
16257
million yenWording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales1,203,506million yenYear on year +8.7%Progress 95.1%
Operating profit127,136million yenYear on year +14.7%Progress 104.5%
Ordinary income124,548million yenYear on year +12.0%Progress 109.3%
Net income attributable to owners of the parent78,538million yenYear on year +16.5%Progress 99.4%
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¥330.42
Operating Margin10.6%
Financial position at period-end
Total assets3,543,589million yen
of which net assets 1,201,345 million yenEquity ratio 31.2%vs. prior year-end -0.3pt
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.
Cash inflows and outflows
Operating+51,679
Investment-163,059
Financials+122,681
Net change+11,301
Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period69,573 million yen
Segment revenueUrban Transportation Business 214,293 million yen (YoY +4.4%), Real Estate Business 406,705 million yen (YoY +10.6%), Entertainment Business 91,171 million yen (YoY +10.5%), Information and Communications Business 71,968 million yen (YoY +2.7%), Travel Business 296,546 million yen (YoY +13.6%), International Transportation Business 106,472 million yen (YoY +1.7%), Other 73,564 million yen (YoY +5.6%)
Segment profitUrban Transportation Business 35,298 million yen (YoY +0.5%), Real Estate Business 67,113 million yen (YoY +16.5%), Entertainment Business 13,091 million yen (YoY +14.8%), Information and Communications Business 7,841 million yen (YoY +14.0%), Travel Business 5,423 million yen (YoY +2.4%), International Transportation Business 2,049 million yen, Other 4,293 million yen (YoY +17.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales1,265,000 million yen (YoY +5.1%)
Operating profit121,700 million yen (YoY -4.3%)
Ordinary income114,000 million yen (YoY -8.5%)
Net income79,000 million yen (YoY +0.6%)
Annual Dividend Forecast100 yen → 100 yen（0.0%）
Payout ratioFiscal year ending March 2026 30.3% / Forecast for the fiscal year ending March 2027 29.4%
Shareholder Return PolicyOver the 6-year period from fiscal 2025 through fiscal 2030, the Company will target a total payout ratio of at least 50%, set the annual dividend at a minimum of ¥100 per share, and conduct flexible share buybacks through the end of fiscal 2030.
Factors Behind Changes in Business Performance
Substantial growth in condominium sales revenue from the real estate business, the capture of demand in the urban transportation and hotel businesses and other operations associated with the Osaka-Kansai Expo, and strong performance in the sports business following the Hanshin Tigers' league championship.
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 0 / Excluded 0 / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 15 May 2026, the Company resolved to acquire treasury shares through market purchases from 18 May to 29 October 2026, with a limit of 7.5 million common shares and an aggregate purchase price limit of ¥30 billion, for the purpose of enhancing shareholder returns and improving capital efficiency.
Impairment loss7,308 million yen
Breakdown of extraordinary income (loss)Extraordinary income Contributions received for construction, etc. 2,014 million yen, Gain on sale of non-current assets 2,082 million yen, Gain on sale of investment securities 7,743 million yen, Other 521 million yen / Extraordinary loss Loss on reduction of fixed assets 2,649 million yen, Impairment Losses 7,308 million yen, Provision for loss on removal of property, plant and equipment 8,145 million yen, Other 3,887 million yen
Depreciation and amortization68,779 million yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End251,498,234 shares
Treasury Shares at Period-End14,269,796 shares
| 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 | 1,203,506 million yen (YoY +8.7%) |
| Operating profit | 127,136 million yen (YoY +14.7%) |
| Ordinary income | 124,548 million yen (YoY +12.0%) |
| Profit attributable to owners of the parent | 78,538 million yen (YoY +16.5%) |
| Net income per share | ¥330.42 |
| Operating Margin | 10.6% |
| Equity ratio | End of the current fiscal period 31.2% / End of previous period 31.5% |
| Total assets | 3,543,589 million yen |
| Net assets | 1,201,345 million yen |
| Cash flows from operating activities | 51,679 million yen |
| Cash flows from investing activities | -163,059 million yen |
| Cash flows from financing activities | 122,681 million yen |
| Cash and cash equivalents at end of period | 69,573 million yen |
| Full-year earnings forecast | Net Sales 1,265,000 million yen (YoY +5.1%) / Operating profit 121,700 million yen (YoY -4.3%) / Ordinary income 114,000 million yen (YoY -8.5%) / Net income 79,000 million yen (YoY +0.6%) |
| Annual Dividend Forecast | 100 yen → 100 yen（0.0%） |
| Payout ratio | Fiscal year ending March 2026 30.3% / Forecast for the fiscal year ending March 2027 29.4% |
| Shareholder Return Policy | Over the 6-year period from fiscal 2025 through fiscal 2030, the Company will target a total payout ratio of at least 50%, set the annual dividend at a minimum of ¥100 per share, and conduct flexible share buybacks through the end of fiscal 2030. |
| Segment revenue | Urban Transportation Business 214,293 million yen (YoY +4.4%), Real Estate Business 406,705 million yen (YoY +10.6%), Entertainment Business 91,171 million yen (YoY +10.5%), Information and Communications Business 71,968 million yen (YoY +2.7%), Travel Business 296,546 million yen (YoY +13.6%), International Transportation Business 106,472 million yen (YoY +1.7%), Other 73,564 million yen (YoY +5.6%) |
| Segment profit | Urban Transportation Business 35,298 million yen (YoY +0.5%), Real Estate Business 67,113 million yen (YoY +16.5%), Entertainment Business 13,091 million yen (YoY +14.8%), Information and Communications Business 7,841 million yen (YoY +14.0%), Travel Business 5,423 million yen (YoY +2.4%), International Transportation Business 2,049 million yen, Other 4,293 million yen (YoY +17.3%) |
| Depreciation and amortization | 68,779 million yen |
| Impairment loss | 7,308 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Contributions received for construction, etc. 2,014 million yen, Gain on sale of non-current assets 2,082 million yen, Gain on sale of investment securities 7,743 million yen, Other 521 million yen / Extraordinary loss Loss on reduction of fixed assets 2,649 million yen, Impairment Losses 7,308 million yen, Provision for loss on removal of property, plant and equipment 8,145 million yen, Other 3,887 million yen |
| 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 0 / Excluded 0 / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 15 May 2026, the Company resolved to acquire treasury shares through market purchases from 18 May to 29 October 2026, with a limit of 7.5 million common shares and an aggregate purchase price limit of ¥30 billion, for the purpose of enhancing shareholder returns and improving capital efficiency. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 251,498,234 shares |
| Treasury Shares at Period-End | 14,269,796 shares |
| Factors Behind Changes in Business Performance | Substantial growth in condominium sales revenue from the real estate business, the capture of demand in the urban transportation and hotel businesses and other operations associated with the Osaka-Kansai Expo, and strong performance in the sports business following the Hanshin Tigers' league championship. |
Items this document does not state (3)
Revision to Earnings ForecastRegional salesOrders received and order backlog
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 increase in revenue and earnings was driven by substantial growth in condominium sales revenue from the real estate business, the capture of demand in the urban transportation and hotel businesses and other operations associated with the Osaka-Kansai Expo, and strong performance in the sports business following the Hanshin Tigers' league championship. In the next fiscal year, operating income is expected to decline as the special demand associated with the Osaka-Kansai Expo and professional baseball-related activities fades, in addition to the impact of the situation in the Middle East and 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.
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.