Koshidaka Holdings Co., Ltd.
Supplementary Explanation Materials for Q1 FY2026 Financial Results
In Q1 FY2026, net sales reached 16,354 million yen (YoY +8.3%), and net income attributable to owners of parent was 668 million yen (YoY +41.8%). Dividend forecast is 26 yen annually (2 yen increase planned).
Key Figures
- Net Sales: 16,354 million yen (YoY +8.3%)
- Net Income Attributable to Owners of Parent: 668 million yen (YoY +41.8%)
- Annual Dividend: 26 yen (13 yen interim, 13 yen year-end, 2 yen increase planned)
AI要約
Performance Overview
In Q1 FY2026, while net sales hit a record high, operating income declined due to a reactionary decrease following a large-scale collaboration project at existing stores. The karaoke business continued aggressive store openings, with existing store sales at 98.2% YoY (100.3% excluding the collaboration). Although appropriate control of labor and utility expenses reduced cost ratios, increases in other fixed costs could not be absorbed, resulting in a decrease in operating profits. Conversely, the real estate management business posted increased profits driven by steady income from existing properties and partial business sale gains, bringing net income to 668 million yen, a 41.8% YoY increase.
Impact on Shareholders and Future Outlook
A dividend of 13 yen each at interim and year-end, totaling 26 yen annually, is planned, marking the fifth consecutive dividend increase and the highest ever. Approximately 70 'JOYSOUND' karaoke stores will be absorbed into the group via a spin-off, with performance from November onwards added to full-year forecasts. The overseas business is actively expanding store openings in Southeast Asia, while property scouting is progressing in the US and the Philippines. Moving forward, the company intends to focus on stable operations of existing stores and growth through new openings, alongside efforts to improve cost ratios and profitability.
