HORAI Co., Ltd. Financial Summary (Non-consolidated) for the Fiscal Year Ended September 2026

Overview of Results

For the fiscal year ended September 2026, operating revenue increased across all segments, bringing total revenue to 6,618 hundred million yen. Operating income was 653 hundred million yen, ordinary income was 768 hundred million yen, and net income attributable to owners of the parent was 546 hundred million yen, each showing growth over the prior year. By segment, the insurance, real estate, and Senbonmatsu Ranch businesses performed steadily, while the golf business continued initiatives aimed at returning to profitability. As shareholder returns, a year-end dividend of 26 yen is planned, with a full-year payout ratio of 20.0%.

Outlook and Medium-Term Plan

The new medium-term management plan covers September 2027 to September 2029 and is positioned as a phase to realize sustainable growth while further strengthening the company’s foundations. Key focuses are strengthening the earnings base, reallocating resources to growth areas, promoting DX, investing in human capital, and advancing SDGs. The ranch is designated as a growth driver, aiming to establish a nature-positive tourism ranch model. The golf business will prioritize achieving profitability and securing stable earning capacity.