AGORA Hospitality Group Co., Ltd
Notice of variance between the second-quarter (interim) earnings forecast and actual results
A decrease in inbound visitors in the first half of 2026 affected revenue. Interim consolidated net sales were 4,217 million yen, YoY -15.6%. Operating income was 204 million yen, Ordinary income 145 million yen, and net income attributable to owners of the parent for the interim period was a loss of 59 million yen. There is no downward revision from the previous forecast, and the full-year forecast remains unchanged. Going forward, there may be fluctuations due to a drop in inbound visitors to the Kansai area and the post-Expo effect.
Key Figures
- Interim consolidated net sales: 4,217百万円
- Operating income: 204百万円
- Ordinary income: 145百万円
- Net income attributable to owners of the parent for the interim period: △59百万円
- YoY sales change: -15.6%
- Difference from previous forecast: -
- Exchange impact: Unknown
AI要約
Section heading
This material explains the difference between the actual results for the first half of 2026 and the interim consolidated earnings forecast for the fiscal year ending December 2026. Revenue declined mainly due to trends in inbound foreign visitors, with demand in the Kansai area weakening and expansion in emerging markets creating a mixed picture. In addition, depreciation expense and share-based compensation costs contributed to a sharp decline in interim profit. While the previous forecasts were not met, the full-year forecast remains unchanged at this time. Going forward, although sales may skew to the second half, there are expectations for growth in the Tokyo area and in the cemetery business, with signs of a recovery.
Section 2 heading
Regarding the outlook, due to the decline in inbound foreign visitors in the Kansai area and the post-Osaka Expo effect, performance remains uncertain, so achieving the full-year forecast requires caution. Expo-related demand is expected to be lower than last year, but sales in the Tokyo area hotel business and the cemetery business may trend steadily in the second half. If there are any revisions to the earnings forecast, we will promptly disclose them.
Agalora Hospitality Group Co., Ltd.
Company overview · Stock price · Financial data · All IR
