[Kintetsu Group Holdings] Consolidated Subsidiary Performance Revision | Fiscal Year ending March 2026

Performance Overview

KNT-CT Holdings revised its full-year earnings forecast for the fiscal year ending March 2026, expecting net sales of 297,100 million yen (a △900 million yen decrease from the previous forecast), operating income of 6,100 million yen (△400 million yen), and net income of 9,700 million yen (an increase of 2,900 million yen). The increase in net income is mainly due to the additional recognition of deferred tax assets, resulting in a negative adjustment of 2.5 billion yen for corporate tax, and the net income is expected to surpass initial estimates. This reflects steady overseas travel demand and the impact of geopolitical conditions in the Middle East.

Future Outlook and Impact

While the revised forecast indicates a significant upward revision of net income, sales and operating income are expected to fall short of initial estimates due to the steady yet selective recovery in overseas travel and some geopolitical influences. The recognition of tax adjustments has contributed to the increase in net income. Going forward, monitoring overseas travel trends and geopolitical developments remains important.