Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
Declines in transportation volumes of paper products and paper raw materials and in cargo volumes; a delayed recovery in the Chinese economy; decreased exports from Taiwan; a substantial rise in fuel oil prices; and delays in reflecting fuel oil prices in the fuel oil price adjustment surcharge. The hotel business was affected by a decline in guests, while the real estate business was affected by rent revisions.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥13,314 million (YoY +1.1%) |
| Operating profit | ¥-285 million |
| Ordinary income | ¥-33 million |
| Profit attributable to owners of the parent | ¥-189 million |
| Net income per share | (¥15.69) |
| Equity ratio | End of the current fiscal period 41.4% / End of previous period 41.4% |
| Total assets | ¥80,997 million |
| Net assets | ¥34,737 million |
| Full-year earnings forecast | Net Sales ¥54,500 million (YoY +1.3%) / Operating profit ¥2,200 million (YoY +5.7%) / Ordinary income ¥2,600 million (YoY -9.8%) / Net income ¥1,700 million (YoY -54.4%) |
| Annual Dividend Forecast | ¥60 → ¥30（-50.0%） |
| Segment revenue | Shipping Business ¥12,225,593 thousand (YoY -1.1%), Hotel Business ¥563,877 thousand (YoY -2.1%), Real Estate Business ¥176,478 thousand (YoY +5.6%) |
| Segment profit | Shipping Business ¥-214,980 thousand, Hotel Business ¥-40,889 thousand, Real Estate Business ¥45,850 thousand (YoY +18.6%) |
| Depreciation and amortization | ¥855,617 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets ¥7,913 thousand / Extraordinary loss Losses on disposal of fixed assets ¥98 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 | 0 companies added or excluded (no material changes) |
| Material subsequent events | As restricted stock compensation, 15,520 treasury shares are scheduled to be disposed of on 21 August 2026 for 10 directors and 3 audit and supervisory board members. The total disposal amount is ¥26,772,000. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 12,739,696 Shares |
| Treasury Shares at Period-End | 856,686 Shares |
| Factors Behind Changes in Business Performance | Declines in transportation volumes of paper products and paper raw materials and in cargo volumes; a delayed recovery in the Chinese economy; decreased exports from Taiwan; a substantial rise in fuel oil prices; and delays in reflecting fuel oil prices in the fuel oil price adjustment surcharge. The hotel business was affected by a decline in guests, while the real estate business was affected by rent revisions. |
Items this document does not state (11)
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 factors cited include lower transportation volumes of paper products and paper raw materials, the company's main cargoes, and lower cargo volumes across its routes; a delayed recovery in the Chinese economy; decreased exports from Taiwan; a substantial rise in fuel oil prices against the backdrop of the situation in the Middle East; and delays in reflecting fuel oil prices in the fuel oil price adjustment surcharge. In the hotel business, the number of guests declined, while the real estate business reported higher revenue and profit following rent revisions.