Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

The consolidated results for the second quarter of the fiscal year ending March 2027 were: revenue 28,014 million yen (YoY +10.2%), operating income 129 million yen (YoY -59.5%), ordinary income 337 million yen (YoY -39.4%), and interim net income attributable to owners of parent 215 million yen (YoY -59.3%). By segment, hotel operations saw increased revenue, while costs associated with reopening the Tower Wing and other factors weighed on profits in the real estate leasing segment. EBITDA totaled 1,859 million yen, up 23.9% year-over-year. Financial position: total assets 81,230 million yen, net assets 48,864 million yen, and equity ratio 60.2%.

Interim Financial Position and Outlook

Total assets decreased 0.8% from the end of the previous fiscal year, current assets decreased 12.1%, and fixed assets increased 7.4%. Current liabilities decreased 5.9%, while non-current liabilities increased 4.0%. Despite the interim conditions, the Company will continue medium- to long-term business restructuring and new investments including the Kyoto/Tower plans, and promote measures to strengthen the customer base such as the renewal of the membership program (Imperial Membership) scheduled for spring 2027 and thereafter. There is no change to the full-year forecast announced in May 2026, and the Company will continue monitoring demand and price trends.