Consolidated Financial Summary for the July 2026 Term (Japanese GAAP) (Consolidated)

Overview of performance

In this fiscal period, advertising investments in the travel business were prioritized, resulting in charter cruise sales starting from Golden Week exceeding plans. Net sales reached over 2.9 billion yen, up 14.3% YoY, with operating income at a record high of 336 million yen. By segment, the travel business remained strong, while Ebisu Ryokan (other businesses) saw reduced sales despite solid inbound demand. For the full year, net income was 233 million yen.

Outlook and capital allocation

For the consolidated results of the July 2027 term, net sales are expected to be 2,555 million yen to 3,227 million yen, operating income 81 million yen to 161 million yen, ordinary income 76 million yen to 156 million yen, and net income attributable to owners of the parent 49 million yen to 103 million yen. While geopolitical risks and exchange rate fluctuations remain uncertain, the company will maintain flexible operations, assuming resilient cruise demand. As for strategy, the company plans to strengthen sales centered on Japan-origin foreign ships and to continue charter cruises at a moderated scale.