Fiscal Year Ending December 2026: Third Quarter Financial Summary [Japan GAAP] (Consolidated)

Summary of Results

For the cumulative third quarter of the fiscal year ending December 2026, revenue was 34,405 million yen, operating loss was 420 million yen, and ordinary loss was 766 million yen. Although the number of wedding events was affected by seasonal factors and facility renovations and did not fully meet plans, high wedding unit prices and an improved revenue mix led to only a limited recovery compared with the previous period. In the hotel business, attention is focused on developments related to the new brand "GENTLE," with openings planned from 2027 onward. The company applied a change in accounting treatment for pre-opening expenses (capitalized as opening costs and amortized on a straight-line basis over five years). Due to the change in fiscal year end, retrospective adjustments have been made to comparisons with prior consolidated fiscal years.

Outlook, Capital Policy and Investment

The full-year forecast remains unchanged at revenue 49,000 million yen, operating income 1,500 million yen, ordinary income 1,000 million yen, and net income attributable to owners of parent 800 million yen. The fourth quarter is a seasonally strong period for wedding demand, and, taking into account orders on hand, the company expects to achieve its performance targets. Progress on new hotel openings is expected to contribute to medium- to long-term growth, and attention will be paid to progress toward the medium-term plan to open 20 hotels by fiscal 2035. The financial summary describes the dates and amounts of retrospective adjustments and notes changes in accounting policies.