Revised forecast
Fiscal year ending September 2026 · Six months (cumulative) and full yearPrevious forecast published 6 November 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The revisions reflect tour cancellations related to attacks on Iran by the United States and others, the recovery in travel demand, additional earnings from the company's 40th anniversary travel products, costs incurred to support the safe return of customers travelling abroad, higher procurement costs due to yen depreciation, interest income of ¥2 million, foreign exchange losses of ¥9 million, and a decrease in income taxes and other taxes. Although the attacks and uncertainty surrounding the global economy are expected to persist in the second half, their impact is considered unclear at this time, and the previous forecast for the second half has therefore been maintained.
| Item | Details |
|---|---|
| Net Sales | Second quarter (cumulative) 2,270 / Full year 5,150 → Second quarter (cumulative) 2,502 / Full year 5,382（Second quarter (cumulative) 10.2 / Full year 4.5） |
| Operating profit | Second quarter (cumulative) 26 / Full year 141 → Second quarter (cumulative) -21 / Full year 93（Second quarter (cumulative) Not disclosed / Full year -33.5） |
| Ordinary income | Second quarter (cumulative) 26 / Full year 141 → Second quarter (cumulative) -26 / Full year 88（Second quarter (cumulative) Not disclosed / Full year -37.4） |
| Profit attributable to owners of the parent | Second quarter (cumulative) 22 / Full year 115 → Second quarter (cumulative) -27 / Full year 65（Second quarter (cumulative) Not disclosed / Full year -42.7） |
| Net income per share | Second quarter (cumulative) 5.96 / Full year 31.17 → Second quarter (cumulative) -7.35 / Full year 17.85 |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Six months (cumulative) and full year |
| Publication date of previous forecast | 6 November 2025 |
| Previous-period results | Second quarter (cumulative) Operating revenue 2,249 / Operating profit 24 / Ordinary income 32 / Interim net income attributable to owners of the parent 30 / Interim net income per share 8.22 / Fiscal Year-End Fiscal year ended September 2025 / Full year Operating revenue 4,787 / Operating profit 115 / Ordinary income 123 / Profit attributable to owners of the parent 113 / Net income per share 30.87 / Fiscal Year-End Fiscal year ended September 2025 |
| Reason for the revision | The revisions reflect tour cancellations related to attacks on Iran by the United States and others, the recovery in travel demand, additional earnings from the company's 40th anniversary travel products, costs incurred to support the safe return of customers travelling abroad, higher procurement costs due to yen depreciation, interest income of ¥2 million, foreign exchange losses of ¥9 million, and a decrease in income taxes and other taxes. Although the attacks and uncertainty surrounding the global economy are expected to persist in the second half, their impact is considered unclear at this time, and the previous forecast for the second half has therefore been maintained. |
| Dividend forecast revision | No revision (no change to the dividend forecast announced on 6 November 2025) |
| 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.The revisions reflect tour cancellations following attacks on Iran by the United States and others, costs incurred to support the safe return of customers travelling abroad, higher procurement costs due to yen depreciation since the start of the fiscal year, and interest income and foreign exchange losses. Operating revenue increased due to the recovery in travel demand and additional earnings from the company's 40th anniversary travel products. For the second half, although the attacks on Iran and uncertainty surrounding the global economy are expected to persist, their impact is considered unclear at this time.