Results for this period
Full year1 April 2025–31 March 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.
The restaurant business posted lower revenue and profit due to more restaurant closures than openings, delays in passing on higher raw material costs to prices, and increases in labor and repair costs. The ODM/OEM business reported higher revenue and profit due to increased orders for frozen osechi and frozen home-delivered meals and an increase in the number of in-flight meals served. The real estate leasing business posted higher revenue but lower profit: occupancy rates and parking revenue remained solid, but costs including property taxes increased. The transportation business reported higher revenue and profit due to fare revisions and events. Other businesses reflected differences by business line, including a decline in seafood wholesale volumes and an increase in rice wholesale sales volumes.
None. The notes regarding the going concern assumption state, “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥44,089 million (YoY +4.8%) |
| Operating profit | ¥523 million (YoY -44.7%) |
| Ordinary income | ¥573 million (YoY -38.8%) |
| Profit attributable to owners of the parent | ¥225 million (YoY -65.3%) |
| Net income per share | ¥9.84 |
| Operating Margin | 1.2% |
| Equity ratio | End of the current fiscal period 30.2% / End of previous period 29.4% |
| Total assets | ¥30,946 million |
| Net assets | ¥9,547 million |
| Cash flows from operating activities | ¥1,593 million |
| Cash flows from investing activities | ¥-1,170 million |
| Cash flows from financing activities | ¥-769 million |
| Cash and cash equivalents at end of period | ¥4,727 million |
| Full-year earnings forecast | Net Sales ¥44,700 million (YoY +1.4%) / Operating profit ¥760 million (YoY +45.1%) / Ordinary income ¥660 million (YoY +15.1%) / Net income ¥260 million (YoY +15.5%) |
| Annual Dividend Forecast | 7 yen and sen → 7 yen and sen（0.0%） |
| Payout ratio | Fiscal year ending March 2026: 71.1%; forecast for fiscal year ending March 2027: 61.6% |
| Segment revenue | Restaurant Business ¥24,361 million (YoY -0.8%), ODM/OEM business ¥14,977 million (YoY +9.3%), Real Estate Leasing Business ¥717 million (YoY +1.9%), Transportation Business ¥473 million (YoY +8.4%), Other (outside reportable segments) ¥3,560 million (YoY +33.7%) |
| Segment profit | Restaurant Business ¥239 million (YoY -41.8%), ODM/OEM business ¥824 million (YoY +14.4%), Real Estate Leasing Business ¥322 million (YoY -1.7%), Transportation Business ¥-29 million, Other (outside reportable segments) ¥-68 million |
| Depreciation and amortization | ¥1,045 million |
| Impairment loss | ¥399,221 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥3,850 thousand, Insurance gain ¥132,465 thousand, Gain on sale of investment securities ¥7,555 thousand, Government subsidies and other grants ¥45,326 thousand, Other ¥9,738 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥48,064 thousand, Impairment Losses ¥399,221 thousand, Other ¥22,186 thousand |
| Disclosure regarding the going concern assumption | None. The notes regarding the going concern assumption state, “There are no applicable matters.” |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 22,910,275 |
| Treasury Shares at Period-End | 36,250 |
| Factors Behind Changes in Business Performance | The restaurant business posted lower revenue and profit due to more restaurant closures than openings, delays in passing on higher raw material costs to prices, and increases in labor and repair costs. The ODM/OEM business reported higher revenue and profit due to increased orders for frozen osechi and frozen home-delivered meals and an increase in the number of in-flight meals served. The real estate leasing business posted higher revenue but lower profit: occupancy rates and parking revenue remained solid, but costs including property taxes increased. The transportation business reported higher revenue and profit due to fare revisions and events. Other businesses reflected differences by business line, including a decline in seafood wholesale volumes and an increase in rice wholesale sales volumes. |
Items this document does not state (4)
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 restaurant business, profit was pressured by delays in passing on higher raw material costs, including rice, to prices, as well as increases in labor and repair costs resulting from higher minimum wages and other factors. Costs related to Expo 2025 Osaka, Kansai, were also recorded in selling, general and administrative expenses. Meanwhile, the ODM/OEM business reported higher revenue and profit, supported by increased orders for frozen osechi and frozen home-delivered meals and an increase in the number of in-flight meals served.