Financial Summary for the Third Quarter of the Fiscal Year Ending November 2026 (Japanese GAAP) (Non-consolidated)

Overview of Performance

Cumulative revenue for the third quarter was 5,073,981 thousand yen, an increase of 6.7% year-on-year. Operating income rose sharply to 311,712 thousand yen; ordinary income was 317,335 thousand yen; and quarterly net income was 450,417 thousand yen, representing substantial year-on-year increases. The hotel business contributed the majority of growth, with higher revenue from accommodations, restaurants, and banquets. The real estate leasing business also performed steadily. Full-year forecasts remain revenue 6,800 hundred million yen, operating income 330 hundred million yen, ordinary income 320 hundred million yen, and net income 333 hundred million yen.

Shareholder Returns and Financial Position

The equity ratio is 46.0%, with shareholders' equity of 4,532,960 thousand yen. The dividend forecast is to maintain the 25 yen per share payout as in fiscal year ending November 2025. Although cash and deposits declined, increases in tangible fixed assets such as buildings and land and in investment assets increased total assets to 9,076,819 thousand yen. Liabilities decreased to 4,901,385 thousand yen. Sales are expected to increase seasonally in the fourth quarter due to banquet demand.