For the fiscal year ended September 2026, operating revenue was 6,618 hundred million yen, operating income was 653 hundred million yen, ordinary income was 768 hundred million yen, and net income was 546 hundred million yen. The year-end dividend is 26 yen, resulting in a full-year dividend payout ratio of 20.0%. The new medium-term plan positions the ranch as a growth driver and aims for profitability in the golf business. The medium-term plan covers September 2027 to September 2029 and will strengthen sustainability initiatives and investments in DX and other areas.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9679","jir_company_name":"HORAI Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9679-20261030-01.pdf","jir_short_summary":"For the fiscal year ended September 2026, operating revenue was 6,618 hundred million yen, operating income was 653 hundred million yen, ordinary income was 768 hundred million yen, and net income was 546 hundred million yen. The year-end dividend is 26 yen, resulting in a full-year dividend payout ratio of 20.0%. The new medium-term plan positions the ranch as a growth driver and aims for profitability in the golf business. The medium-term plan covers September 2027 to September 2029 and will strengthen sustainability initiatives and investments in DX and other areas.","jir_summary":"### Overview of Results\nFor the fiscal year ended September 2026, operating revenue increased across all segments, bringing total revenue to 6,618 hundred million yen. Operating income was 653 hundred million yen, ordinary income was 768 hundred million yen, and net income attributable to owners of the parent was 546 hundred million yen, each showing growth over the prior year. By segment, the insurance, real estate, and Senbonmatsu Ranch businesses performed steadily, while the golf business continued initiatives aimed at returning to profitability. As shareholder returns, a year-end dividend of 26 yen is planned, with a full-year payout ratio of 20.0%.\n\n### Outlook and Medium-Term Plan\nThe new medium-term management plan covers September 2027 to September 2029 and is positioned as a phase to realize sustainable growth while further strengthening the company\u2019s foundations. Key focuses are strengthening the earnings base, reallocating resources to growth areas, promoting DX, investing in human capital, and advancing SDGs. The ranch is designated as a growth driver, aiming to establish a nature-positive tourism ranch model. The golf business will prioritize achieving profitability and securing stable earning capacity.","jir_financial_highlights":"Operating Revenue: 6,618 hundred million yen (Year-over-Year +8.3%)\nOperating Income: 653 hundred million yen (Year-over-Year +5.9%)\nOrdinary Income: 768 hundred million yen (Year-over-Year +33 hundred million yen)\nNet Income Attributable to Owners of Parent: 546 hundred million yen (Year-over-Year +48 hundred million yen)\nEarnings per Share (EPS): 130.29 yen (Prior Period +11.42 yen)","jir_category":"","jir_hashtags":"#HORAI, #FinancialResults, #MediumTermManagementPlan, #Sustainability","jir_key_figures":"Operating Revenue: 6,618 hundred million yen\nOperating Income: 653 hundred million yen\nNet Income Attributable to Owners of Parent: 546 hundred million yen","jir_meta_title":"HORAI Co., Ltd. Financial Summary (Non-consolidated) FY2026\uff5cKey Figures and Medium-Term Strategy","jir_meta_description":"Summary of HORAI Co., Ltd.'s non-consolidated financial results for FY2026. Covers revenue and profit trends, segment highlights, cash flows, dividend policy, and an overview of the new medium-term management plan.","jir_og_title":"HORAI Co., Ltd. Financial Summary (Non-consolidated) FY2026 - Key Points","jir_og_description":"Key points of HORAI Co., Ltd.'s FY2026 financial results, segment performance, and the outlook under the new medium-term management plan.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\\\",\\\"2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Revenue\\\",\\\"data\\\":[6118,6618]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\\\",\\\"2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[616,653]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\\\",\\\"2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Attributable to Owners of Parent\\\",\\\"data\\\":[498,546]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_profit\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Operating Income\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Insurance Business\\\",\\\"Real Estate Business\\\",\\\"Senbonmatsu Ranch\\\",\\\"Golf Business\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[458,759,256,-34}]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"dividend_yield\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Dividend Information\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":[[\\\"Year-end Dividend\\\",\\\"26 yen\\\"],[\\\"Total Dividends\\\",\\\"108 hundred million yen\\\"],[\\\"Payout Ratio\\\",\\\"20.0%\\\"],[\\\"Shareholder Return Policy\\\",\\\"Sustained dividend\\\"]]}\"}]","ir_related_company":59239,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-138771","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n