#Revenue

For the third quarter of FY2026, revenue was ¥78,120 million (YoY +3.7%), operating income was ¥3,319 million (+52.2%), and net income attributable to owners of parent for the quarter was ¥2,873 million (+77.7%), showing increased revenue and profits.

For the third quarter of the fiscal year ending March 2026, operating revenue was 64,360 million yen (YoY +3.1%), operating income was 14,350 million yen (YoY +4.5%), and net income attributable to owners of parent was 10,103 million yen (YoY +6.6%), representing revenue and profit growth.

For December 2025, total revenue for 28 hotels introducing variable rent was 7,160 million yen (YoY +5.1%), with cumulative full-year revenue of 78,114 million yen (YoY +12.1%), showing strong performance.

Total revenue for the 28 hotels implementing variable rent and other schemes in November 2025 increased by 8.0% year-over-year, with the lodging division's RevPAR rising 8.5% year-over-year, demonstrating strong performance.