Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Summary of Business Results

During the cumulative consolidated third quarter period of the fiscal year ending March 2026, domestic travel, overseas travel, and inbound travel showed steady performance, resulting in net sales of 233,305.9 million yen (an 8.8% increase YoY). Operating income was 6,375 million yen (a 19.0% increase YoY), ordinary income was 7,240 million yen (a 23.7% increase YoY), and net income attributable to owners of the parent for the quarter was 6,174 million yen (an 11.3% increase YoY), all showing profit growth. In domestic travel, efforts focused on capturing demand for escorted tours and group travel; overseas travel was strong especially in tours to Europe and Egypt. Inbound travel greatly expanded supported by a weaker yen and increased airline seat capacity.

Financial Position and Outlook

At the end of the consolidated third quarter accounting period, total assets amounted to 144,560 million yen (a 5.7% increase from the previous fiscal year-end), liabilities were 85,764 million yen (a 0.4% increase), and net assets totaled 58,742 million yen (increase from the previous fiscal year-end), improving the equity ratio to 40.6%. A decrease in capital reserve and deficit coverage were conducted, along with transfers between capital surplus and retained earnings. The full-year consolidated earnings forecast remains unchanged, and if there is a need for revision, it will be disclosed promptly.