Link: https://links.sgx.com/1.0.0/corporate-announcements/5M435XQ6QV5Y7829/43866787ec540625d4910a5eec2b191e61e19fb2b42de0f9270fb8490d6007a6

Summary:

• Net sales rose 7.4% year-on-year to ¥119.6 billion for the six months ended September 30, 2025, setting another record for interim results.

• Operating profit grew 6.1% to ¥11.3 billion, ordinary profit climbed 6.6% to ¥12.0 billion, and net profit attributable to owners surged 13.6% to ¥8.78 billion, boosted by continued inbound tourist arrivals for Expo 2025 Osaka and robust domestic demand.

• Hotel business posted 6.2% sales growth and 9.2% higher operating profit, overcoming cost increases and travel caution from regional events.

• Dormitory segment reported a 5.6% increase in sales, with new openings and near full occupancy, despite higher food and startup costs.

• Food services, construction, and ancillary businesses all registered healthy top-line growth; construction revenue jumped 58% year-on-year.

• Total assets climbed to ¥317.4 billion (+5.3%), net assets rose to ¥126.3 billion (+27%), and equity ratio improved to 39.8% from 33.0% at March 2025.

• Interim dividend set at ¥23 per share, with full-year forecast maintained and annual dividend projected at ¥46 per share.

• Management highlights continued focus on strategic expansion, digitalization, and cost optimization to sustain growth amid a dynamic economic landscape.