For the fiscal year ending September 2026, operating revenue increased by 506 million yen year-over-year to 6,618 million yen; operating income was 653 million yen, up 36 million yen year-over-year; net income was 546 million yen. Segment drivers were insurance, real estate, ranching, and golf. The company continued growth investments including new store openings and facility renewals, and introduction of G-CART. Earnings forecasts based on the new 2027\u20132029 medium-term management plan are also presented.<\/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\/9679-20261030-02.pdf","jir_short_summary":"For the fiscal year ending September 2026, operating revenue increased by 506 million yen year-over-year to 6,618 million yen; operating income was 653 million yen, up 36 million yen year-over-year; net income was 546 million yen. Segment drivers were insurance, real estate, ranching, and golf. The company continued growth investments including new store openings and facility renewals, and introduction of G-CART. Earnings forecasts based on the new 2027\u20132029 medium-term management plan are also presented.","jir_summary":"### Overview of Results\nFor the fiscal year ending September 2026, total revenue expanded to 6,618 million yen compared with the prior year. By segment, increases in insurance, real estate, ranching, and golf contributed to revenue growth. Operating income reached a record high of 653 million yen, ordinary income was 768 million yen, and net income attributable to owners of the parent was 546 million yen. The company advanced both customer engagement and productivity improvements through new store openings (soft-serve ice cream shop), facility renewals, and the introduction of the golf cart \"G-CART.\" On the financial side, total assets were 19,997 million yen, total net assets were 10,533 million yen, and the equity ratio improved to 52.7%.\n\n### Outlook and Medium-Term Plan\nThe new medium-term management plan continues to strengthen the revenue base and concentrate resources on growth areas. The company will accelerate DX initiatives and investment in human capital and deepen efforts in circular dairy farming and natural capital. Earnings forecasts for the fiscal years ending September 2027 and September 2029 are provided, with a policy to achieve sustainable growth while reinforcing the corporate foundation.","jir_financial_highlights":"Operating Revenue: 6,618 million yen (Year-over-Year +506 million yen)\nOperating Income: 653 million yen (Year-over-Year +36 million yen)\nNet Income Attributable to Owners of Parent: 546 million yen (Year-over-Year +48 million yen)\nTotal Assets: 19,997 million yen (Period-over-Period +291 million yen)\nTotal Net Assets: 10,533 million yen (Period-over-Period +668 million yen)\nEquity Ratio: 52.7% (Period-over-Period +2.6%)","jir_category":"","jir_hashtags":"#HORAI, #Earnings, #NewMediumTermManagementPlan, #RanchBusiness, #SoftServeShop, #G-CART","jir_key_figures":"Operating Revenue: 6,618 million yen (Year-over-Year +506 million yen)\nOperating Income: 653 million yen (Year-over-Year +36 million yen)\nNet Income Attributable to Owners of Parent: 546 million yen (Year-over-Year +48 million yen)","jir_meta_title":"HORAI Co., Ltd. FY2026 Earnings\uff5cOperating Income at 653 million yen, Record High","jir_meta_description":"HORAI Co., Ltd. reports FY2026 revenue of 6,618 million yen, operating income of 653 million yen, and net income of 546 million yen. This article explains segment growth drivers, new initiatives, and the 2027\u20132029 medium-term plan overview.","jir_og_title":"Latest Earnings Update from HORAI Co., Ltd.: Operating Income Reaches Record High; Next-Term Plan Disclosed","jir_og_description":"A summary of HORAI Co., Ltd.'s FY2026 results and growth strategy. Initiatives such as new openings, renewals, and introduction of G-CART contributed to revenue improvements.","jir_og_image_url":"\/assets\/og\/company-financial_summary.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\\\":[\\\"2024\\\",\\\"2025\\\",\\\"2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[5480,6111,6618]}]},\\\"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\\\":[\\\"2024\\\",\\\"2025\\\",\\\"2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[571,616,653]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Insurance\\\",\\\"Real Estate\\\",\\\"Ranching\\\",\\\"Golf\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[458,759,255,327]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Operating Margin\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[9.6]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Forecast vs Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\\\",\\\"2026\\\",\\\"2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue Forecast\\\",\\\"data\\\":[6800,?,?]},{\\\"label\\\":\\\"Actual Revenue\\\",\\\"data\\\":[6111,6618,?]}]},\\\"options\\\":{}}\"}]","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-138772","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n