Revised forecast
Fiscal year ending March 2027 · Full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Although operating revenue is expected to decline in the leisure and lifestyle services business due to the closure of Meitetsu Department Store, revenue is expected to increase, led by the real estate business. The company expects operating income to benefit from improved profitability in the transportation business, ordinary income to benefit from higher operating income, and net income attributable to owners of the parent to benefit from higher ordinary income and improved extraordinary income and losses.
Impairment loss: ¥5,440 million; loss on sale of fixed assets: ¥223 million; loss on disposal of fixed assets: ¥1,823 million; impairment loss on investment securities: ¥7 million; reduction entry for construction subsidies and other items: ¥2,193 million; loss on store closures: ¥1,547 million; loss on repayment of subsidies: ¥940 million; other: ¥1,070 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥734,000 million（6.1%） |
| Operating profit | Not disclosed → ¥45,000 million（24.4%） |
| Ordinary income | Not disclosed → ¥47,000 million（22.5%） |
| Profit attributable to owners of the parent | Not disclosed → ¥39,000 million（69.9%） |
| Net income per share | Not disclosed → 198.85 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Previous-period results | Operating revenue: ¥691,583 million; operating income: ¥36,185 million; ordinary income: ¥38,363 million; net income attributable to owners of the parent: ¥22,954 million; earnings per share: ¥117.05 |
| Reason for the revision | Although operating revenue is expected to decline in the leisure and lifestyle services business due to the closure of Meitetsu Department Store, revenue is expected to increase, led by the real estate business. The company expects operating income to benefit from improved profitability in the transportation business, ordinary income to benefit from higher operating income, and net income attributable to owners of the parent to benefit from higher ordinary income and improved extraordinary income and losses. |
| Details and amount of extraordinary loss | Impairment loss: ¥5,440 million; loss on sale of fixed assets: ¥223 million; loss on disposal of fixed assets: ¥1,823 million; impairment loss on investment securities: ¥7 million; reduction entry for construction subsidies and other items: ¥2,193 million; loss on store closures: ¥1,547 million; loss on repayment of subsidies: ¥940 million; other: ¥1,070 million |
| Dividend forecast revision | The forecast year-end dividend for the fiscal year ending March 2027 is stated as ¥60 per share, with an annual dividend of ¥60 per share. No revision to the dividend forecast is explicitly stated. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.For the fiscal year ended March 2026, higher personnel and depreciation expenses, lower equity in earnings of affiliates, higher interest expenses and the absence of a gain on the bargain purchase of negative goodwill weighed on income. For the fiscal year ending March 2027, the company expects revenue growth led by its real estate business, improved profitability in its transportation business and improved extraordinary income and losses.