Worth reading
57In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
12.3
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025 to 31 March 2026ConsolidatedJapanese GAAPNet Sales20,655¥ millionYear on year +12.3%Progress 104.3%
Operating profit334¥ millionYear on year +25.0%Progress 111.3%
Ordinary income405¥ millionYear on year +49.3%Progress 115.7%
Net income attributable to owners of the parent833¥ millionYear on year -72.6%Progress 30.9%
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¥121.89
Financial position at period-end
Total assets30,078¥ million
of which net assets 16,769 ¥ million
The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Cash inflows and outflows
Operating+1,461,767
Investment+53,296
Financials-803,982
Net change+711,081
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥4,334,783 thousand
Segment revenueVideo-related business ¥3,457.13 million (YoY +2.6%), Food and Beverage-Related Business ¥6,121.86 million (YoY +5.4%), Real Estate Business ¥11,076.09 million (YoY +20.3%)
Segment profitVideo-related business ¥-555.70 million, Food and Beverage-Related Business ¥183.97 million (YoY +59.9%), Real Estate Business ¥1,533.33 million (YoY +9.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥19,800 million (YoY -4.1%)
Operating profit¥300 million (YoY -10.3%)
Ordinary income¥350 million (YoY -13.7%)
Net income¥2,700 million (YoY +223.7%)
Shareholder Return PolicyStable dividends with a floor of ¥20 per share. When earnings expand, dividends will be increased with a consolidated payout ratio of 40% of business activity profit excluding extraordinary gains and losses as a guideline.
Factors Behind Changes in Business Performance
Net sales, operating profit and ordinary profit increased due to higher revenue from the resale of renovated used condominiums and the restaurant business. The operating loss in the video-related business widened due mainly to increased amortization of invested productions. Net income decreased due to the reversal of the substantial extraordinary gain recorded in the previous fiscal year.
Disclosure regarding the going concern assumption
Not applicable.
Material subsequent eventsOn 14 April 2026, the Company transferred land, buildings and other assets in Minato-ku, Tokyo. The Company expects to record a gain on sale of non-current assets of ¥3,650 million as an extraordinary gain in the following consolidated fiscal year. The transfer was made to make effective use of management resources and strengthen the Company's financial position.
Impairment loss¥106.927 million (¥23.399 million for the video-related business and ¥83.528 million for the restaurant-related business)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥872,442 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥75,488 thousand, Impairment Losses ¥106,927 thousand, Loss on closure of business locations ¥7,631 thousand
Depreciation and amortization¥336,238 thousand
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥20,655 million (YoY +12.3%) |
| Operating profit | ¥334 million (YoY +25.0%) |
| Ordinary income | ¥405 million (YoY +49.3%) |
| Profit attributable to owners of the parent | ¥833 million (YoY -72.6%) |
| Net income per share | ¥121.89 |
| Total assets | ¥30,078 million |
| Net assets | ¥16,769 million |
| Cash flows from operating activities | ¥1,461,767 thousand |
| Cash flows from investing activities | ¥53,296 thousand |
| Cash flows from financing activities | ¥-803,982 thousand |
| Cash and cash equivalents at end of period | ¥4,334,783 thousand |
| Full-year earnings forecast | Net Sales ¥19,800 million (YoY -4.1%) / Operating profit ¥300 million (YoY -10.3%) / Ordinary income ¥350 million (YoY -13.7%) / Net income ¥2,700 million (YoY +223.7%) |
| Shareholder Return Policy | Stable dividends with a floor of ¥20 per share. When earnings expand, dividends will be increased with a consolidated payout ratio of 40% of business activity profit excluding extraordinary gains and losses as a guideline. |
| Segment revenue | Video-related business ¥3,457.13 million (YoY +2.6%), Food and Beverage-Related Business ¥6,121.86 million (YoY +5.4%), Real Estate Business ¥11,076.09 million (YoY +20.3%) |
| Segment profit | Video-related business ¥-555.70 million, Food and Beverage-Related Business ¥183.97 million (YoY +59.9%), Real Estate Business ¥1,533.33 million (YoY +9.3%) |
| Depreciation and amortization | ¥336,238 thousand |
| Impairment loss | ¥106.927 million (¥23.399 million for the video-related business and ¥83.528 million for the restaurant-related business) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥872,442 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥75,488 thousand, Impairment Losses ¥106,927 thousand, Loss on closure of business locations ¥7,631 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Material subsequent events | On 14 April 2026, the Company transferred land, buildings and other assets in Minato-ku, Tokyo. The Company expects to record a gain on sale of non-current assets of ¥3,650 million as an extraordinary gain in the following consolidated fiscal year. The transfer was made to make effective use of management resources and strengthen the Company's financial position. |
| Factors Behind Changes in Business Performance | Net sales, operating profit and ordinary profit increased due to higher revenue from the resale of renovated used condominiums and the restaurant business. The operating loss in the video-related business widened due mainly to increased amortization of invested productions. Net income decreased due to the reversal of the substantial extraordinary gain recorded in the previous fiscal year. |
Items this document does not state (13)
Operating MarginEquity ratioRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End
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.Net sales, operating profit and ordinary profit increased as revenue from the resale of renovated used condominiums and the restaurant business rose. Net income attributable to owners of the parent decreased due to the reversal of the substantial extraordinary gain recorded in the previous fiscal year.
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.