Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
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.
Increased demand for the dormitory business, the opening of new facilities, appropriate pricing, stronger inbound and domestic demand for the hotel business, active sales efforts and appropriate pricing. The decline in interim net income reflects the reaction to the decrease in tax expense in the previous period following a review of the recoverability of deferred tax assets.
None applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥126,983 million (YoY +6.2%) |
| Operating profit | ¥12,906 million (YoY +14.5%) |
| Ordinary income | ¥12,906 million (YoY +8.0%) |
| Profit attributable to owners of the parent | ¥8,446 million (YoY -3.8%) |
| Net income per share | ¥92.88 |
| Equity ratio | End of the current fiscal period 46.4 / End of previous period 46 |
| Total assets | ¥329,446 million |
| Net assets | ¥152,804 million |
| Cash flows from operating activities | ¥3,249 million |
| Cash flows from investing activities | ¥-25,993 million |
| Cash flows from financing activities | ¥13,936 million |
| Cash and cash equivalents at end of period | ¥20,928 million |
| Full-year earnings forecast | Net Sales ¥277,000 million (YoY +0.6%) / Operating profit ¥26,000 million (YoY +4.6%) / Ordinary income ¥26,000 million (YoY -0.8%) / Profit attributable to owners of the parent ¥18,000 million (YoY -3.8%) |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | ¥46 → ¥46（0.0%） |
| Segment revenue | Dormitory Business ¥31,139 million (YoY +7.4%), Hotel Business ¥79,803 million (YoY +10.7%), Integrated Building Management Business ¥10,157 million (YoY +2.4%), Foods Business ¥7,785 million (YoY +14.3%), Development Business ¥1,967 million (YoY -63.4%), Other business ¥10,491 million (YoY +6.7%) |
| Segment profit | Dormitory Business ¥3,817 million (YoY +24.3%), Hotel Business ¥11,216 million (YoY +8.6%), Integrated Building Management Business ¥15 million, Foods Business ¥435 million (YoY +39.9%), Development Business ¥0 million, Other business ¥231 million |
| Depreciation and amortization | ¥5,117 million |
| Impairment loss | None applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Not applicable / Extraordinary loss Losses from natural disasters ¥116 million, Other ¥11 million |
| Disclosure regarding the going concern assumption | None applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | No material changes (no newly consolidated or excluded companies, or company names, are disclosed) |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 91,243,720 |
| Treasury Shares at Period-End | 280,476 |
| Factors Behind Changes in Business Performance | Increased demand for the dormitory business, the opening of new facilities, appropriate pricing, stronger inbound and domestic demand for the hotel business, active sales efforts and appropriate pricing. The decline in interim net income reflects the reaction to the decrease in tax expense in the previous period following a review of the recoverability of deferred tax assets. |
Items this document does not state (6)
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.In the dormitory business, results benefited from increased demand, the opening of new facilities and appropriate pricing. In the hotel business, strong inbound and domestic demand, active sales efforts and appropriate pricing resulted in high occupancy and high rates. Net income declined due to the reaction to the temporary decrease in tax expense in the previous period following a review of the recoverability of deferred tax assets.