Fiscal Year Ending March 2026 Earnings and Medium-Term Management Plan 2030 Briefing

Performance Overview

For the fiscal year ending March 2026 (FY26.3), aided by the Expo effect and contributions from urban development projects, the company achieved five consecutive years of year-over-year revenue and profit increases and record-high profits. Operating revenue was 1,845.8 billion yen (YoY 108.1%), operating income was 198.0 billion yen (YoY 109.9%), and net income attributable to owners of the parent was 127.4 billion yen (YoY 111.9%). By segment, the Mobility Business, Distribution Business, and Real Estate Business posted revenue and profit increases, while the Travel & Regional Solutions Business recorded revenue growth but profit decline. For FY27.3, a profit decline is planned due to the Expo rebound, inflation impact, and Middle East situation, but dividends are planned at the same level as the previous year, 97.5 yen, and the shareholder return policy was revised to a DOE of approximately 3.5%.

Segment Performance and Future Outlook

The Mobility Business saw revenue and profit growth driven by solid domestic demand. The Distribution Business also posted gains due to Expo-related businesses and strong souvenir store performance. The Real Estate Business experienced revenue and profit increases from expanded leasing and sales as well as the effects of urban development projects. On the other hand, the Travel & Regional Solutions Business posted revenue growth in the Solutions segment but a profit decline due to decreased sales in the Tourism segment. For FY27.3, a profit decline is expected due to the Expo rebound and Middle East situation, although recovery in inbound demand is also anticipated. The Medium-Term Management Plan 2030 outlines policies to balance stable dividends with growth strategies.