Komori
Earnings9206Star Flyer Inc.Transportation and Logistics

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP, Non-Consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 9.0% year on year, while operating income, ordinary income and interim net income all turned from losses to profits. The full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
41Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
490
Millions of yen (interim-period operating income)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026Non-consolidated (standalone)Japanese GAAP
Net Sales23,379¥ millionYear on year +9.0%Progress 48.8%
Operating profit490¥ millionProgress 74.2%
Ordinary income591¥ millionProgress 96.9%
Net income attributable to owners of the parent637¥ millionProgress 106.2%

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¥128.98
Financial position at period-end
Total assets36,392¥ million
of which net assets 5,775 ¥ millionEquity ratio 15.9%vs. prior year-end -3.7pt

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+3,288
Investment-1,023
Financials-2,335
Net change-70

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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 period¥9,109 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥47,860 million (YoY +6.8%)
Operating profit¥660 million (YoY -52.5%)
Ordinary income¥610 million (YoY -10.9%)
Net income¥600 million (YoY +38.2%)
Annual Dividend ForecastCommon shares ¥0.00 / Class A shares ¥276,281.56 / Class B shares ¥51,010.05 → Not disclosed
Factors Behind Changes in Business Performance

Operating revenue increased due to the upward trend in air travel demand, the resumption of operations on the Kitakyushu–Taipei route and the operation of temporary flights. Meanwhile, the weaker yen increased aircraft-related costs denominated in foreign currencies.

Disclosure regarding the going concern assumption

There are no applicable matters.

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
Depreciation and amortization¥761 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End3,788,242 shares issued and outstanding at period-end
Treasury Shares at Period-End443 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 September 2026
Net Sales¥23,379 million (YoY +9.0%)
Operating profit¥490 million
Ordinary income¥591 million
Profit attributable to owners of the parent¥637 million
Net income per share¥128.98
Equity ratioEnd of the current fiscal period 15.9 / End of previous period 19.6
Total assets¥36,392 million
Net assets¥5,775 million
Cash flows from operating activities¥3,288 million
Cash flows from investing activities¥-1,023 million
Cash flows from financing activities¥-2,335 million
Cash and cash equivalents at end of period¥9,109 million
Full-year earnings forecastNet Sales ¥47,860 million (YoY +6.8%) / Operating profit ¥660 million (YoY -52.5%) / Ordinary income ¥610 million (YoY -10.9%) / Net income ¥600 million (YoY +38.2%)
Annual Dividend ForecastCommon shares ¥0.00 / Class A shares ¥276,281.56 / Class B shares ¥51,010.05 → Not disclosed
Depreciation and amortization¥761 million
Disclosure regarding the going concern assumptionThere are no applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End3,788,242 shares issued and outstanding at period-end
Treasury Shares at Period-End443 shares
Factors Behind Changes in Business PerformanceOperating revenue increased due to the upward trend in air travel demand, the resumption of operations on the Kitakyushu–Taipei route and the operation of temporary flights. Meanwhile, the weaker yen increased aircraft-related costs denominated in foreign currencies.
Items this document does not state (12)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidationMaterial subsequent events

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.

Amid a continuing upward trend in air travel demand, operations on the Kitakyushu–Taipei route resumed and temporary flights were operated. Meanwhile, the yen depreciated substantially against the same period of the previous year, increasing aircraft-related costs denominated in foreign currencies.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP, Non-Consolidated) | Star Flyer Inc. (9206) timely disclosure | Komori