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
2478
¥ million (year-on-year increase in interim operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportFiscal year ending March 2027, second quarter (first half)6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales156,947 million yen+8.7%
Operating profit24,598 million yen+11.2%
Ordinary income23,581 million yen+11.6%
Net income17,043 million yen+7.9%
Results for the three months of the current quarter
Transportation
Operating revenue28,169
Operating profit4,016
Real Estate
Operating revenue36,350
Operating profit6,065
Retail Business
Operating revenue13,769
Operating profit653
Leisure and Services Business
Operating revenue10,090
Operating profit813
Full-year earnings forecast
Operating revenue
318,100 million yen
Operating profit
43,900 million yen
Ordinary income
40,100 million yen
Profit attributable to owners of the parent
30,000 million yen
Capital expenditures
54,000 million yen
EBITDA
70,200 million yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Dividends receivedChange in amount437
- Interest expensesChange in amount804
- Gain on sale of non-current assetsChange in amount603
- Reduction of Fixed Asset CostChange in amount531
- Year-on-year increase in operating profitChange in amount2,478
New initiatives
- Opening of the UNIQLO Kansai Airport International Departures Area store
Key KPIsA metric the company considers important as a management benchmark.
- Keihan Electric Railway passenger revenue27,974 million yenYear-on-year (%)9.9
- Keihan Electric Railway passenger numbers136,373 thousand customersYear-on-year (%)-0.6
- Hotel Keihan ADR17,827 yenYear-on-year (%)-10.7
- Hotel Keihan occupancy rate84 %Year-on-year_pt-2.9
- Keihan Hotels & Resorts ADR24,702 yenYear-on-year (%)4.1
- Keihan Hotels & Resorts occupancy rate81.8 %Year-on-year_pt0.5
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Passenger revenue27,974 million yenYear-on-year (%)9.9
- Passenger numbers136,373 thousand customersYear-on-year (%)-0.6
- ADR (Hotel Keihan)17,827 yenYear-on-year (%)-10.7
- Occupancy rate (Hotel Keihan)84 %Year-on-year_pt-2.9
Segment results
- TransportationOperating revenue50,323Operating profit9,061Operating revenue year-on-year_pct6.3Operating profit year-on-year_pct24.3
- Real EstateOperating revenue64,907Operating profit11,614Operating revenue year-on-year_pct23.2Operating profit year-on-year_pct26.4
- Retail BusinessOperating revenue27,534Operating profit1,361Operating revenue year-on-year_pct-0.6Operating profit year-on-year_pct29.2
- Leisure and Services BusinessOperating revenue21,087Operating profit2,586Operating revenue year-on-year_pct-6.9Operating profit year-on-year_pct-40
- Other BusinessesOperating revenue2,220Operating profit228Operating revenue year-on-year_pct-29.5Operating profit year-on-year_pct-30.9
Capital expenditures
54,000 million yen
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | 156,947 million yen (YoY +8.7%) |
| Operating profit | 24,598 million yen (YoY +11.2%) |
| Ordinary income | 23,581 million yen (YoY +11.6%) |
| Net income | 17,043 million yen (YoY +7.9%) |
| Results for the three months of the current quarter | Transportation Operating revenue 28,169 / Operating profit 4,016 / Real Estate Operating revenue 36,350 / Operating profit 6,065 / Retail Business Operating revenue 13,769 / Operating profit 653 / Leisure and Services Business Operating revenue 10,090 / Operating profit 813 |
| Full-year earnings forecast | Operating revenue 318,100 million yen / Operating profit 43,900 million yen / Ordinary income 40,100 million yen / Profit attributable to owners of the parent 30,000 million yen / Capital expenditures 54,000 million yen / EBITDA 70,200 million yen |
| Segment results | Segment Transportation / Operating revenue 50,323 / Operating profit 9,061 / Operating revenue year-on-year_pct 6.3 / Operating profit year-on-year_pct 24.3, Segment Real Estate / Operating revenue 64,907 / Operating profit 11,614 / Operating revenue year-on-year_pct 23.2 / Operating profit year-on-year_pct 26.4, Segment Retail Business / Operating revenue 27,534 / Operating profit 1,361 / Operating revenue year-on-year_pct -0.6 / Operating profit year-on-year_pct 29.2, Segment Leisure and Services Business / Operating revenue 21,087 / Operating profit 2,586 / Operating revenue year-on-year_pct -6.9 / Operating profit year-on-year_pct -40, Segment Other Businesses / Operating revenue 2,220 / Operating profit 228 / Operating revenue year-on-year_pct -29.5 / Operating profit year-on-year_pct -30.9 |
| Breakdown of Factors Affecting the Change | Item Dividends received / Change in amount 437 million yen, Item Interest expenses / Change in amount 804 million yen, Item Gain on sale of non-current assets / Change in amount 603 million yen, Item Reduction of Fixed Asset Cost / Change in amount 531 million yen, Item Year-on-year increase in operating profit / Change in amount 2,478 million yen |
| Key KPIs | 27,974 million yen, 136,373 thousand customers, 17,827 yen, 84 %, 24,702 yen, 81.8 % |
| Unit price and quantity metrics | 27,974 million yen, 136,373 thousand customers, 17,827 yen, 84 % |
| Capital expenditures | 54,000 million yen |
| New initiatives | Opening of the UNIQLO Kansai Airport International Departures Area store |
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress 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 targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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.The company attributes the higher revenue and profit in the first half to increased condominium sales in the real estate business and revised fares at Keihan Electric Railway. For the full-year forecast revision, increased commuter-pass revenue in the transportation business, steady performance in the real estate sales business and cost controls were cited as upward factors, while China's request to refrain from travel, revisions to property handover schedules, and lower revenue and profit in the hotel business were cited as downward 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.