Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 9 May 2024The 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.
Operating profit is expected to fall below the target because revenue is expected to decline due to the cancellation of certain overseas tours and other factors associated with the situation in the Middle East, while personnel expenses and other costs are expected to increase following the implementation of base-pay increases. Profit attributable to owners of the parent is also expected to fall below the target, primarily due to the decline in operating profit.
| Item | Details |
|---|---|
| Operating profit | ¥8,500 million → ¥6,200 million（-27.1%） |
| Profit attributable to owners of the parent | ¥8,000 million → ¥6,000 million（-25.0%） |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 9 May 2024 |
| Reason for the revision | Operating profit is expected to fall below the target because revenue is expected to decline due to the cancellation of certain overseas tours and other factors associated with the situation in the Middle East, while personnel expenses and other costs are expected to increase following the implementation of base-pay increases. Profit attributable to owners of the parent is also expected to fall below the target, primarily due to the decline in operating profit. |
| Consolidated / non-consolidated | Consolidated |
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.Operating profit is expected to fall below the target because revenue is expected to decline due to the cancellation of certain overseas tours as a result of the situation in the Middle East, while personnel expenses and other costs are expected to increase following the implementation of base-pay increases. Net profit was also revised downward, primarily due to the decline in operating profit.