Ichigo Group Holdings Co (ICHIF) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Ichigo Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.034 Hi, everybody. I'm Scott Callan, chairman of Ichigo. 00:00:03.034 -- 00:00:06.017 Thank you so much for joining today's presentation. 00:00:06.017 -- 00:00:11.341 I'm joined on my right by Dan Morisaku, who is a senior member of the finance 00:00:11.341 -- 00:00:16.446 team and the global head of IR. We're going off of the FY26-2 Q1 00:00:16.446 -- 00:00:21.189 corporate presentation. Thank you so much, everyone, for joining us today. 00:00:23.010 -- 00:00:25.032 It's just a single quarter. 00:00:25.032 -- 00:00:30.056 And if we're all lucky, I will speak shorter rather than longer 00:00:30.056 -- 00:00:34.118 today because it's just three months. 00:00:34.219 -- 00:00:38.082 The quarter itself was light, all in OP and cash EPS. 00:00:38.082 -- 00:00:41.946 Those are the two major KPIs you should be monitoring us for. 00:00:41.946 -- 00:00:46.329 We're down 20% and down 12% respectively. 00:00:46.329 -- 00:00:51.093 Nonetheless, things are very good. We're on track for record full year earnings. 00:00:51.093 -- 00:00:55.537 You can see the progress better in our stock earnings that are up plus 12% year-on-year. 00:00:55.537 -- 00:00:58.040 We expect record stock earnings this year. 00:00:58.040 -- 00:01:00.282 That's 26% 00:01:00.282 -- 00:01:05.507 progress versus the full-year forecast. Full earnings were down 45% year-on-year. 00:01:05.507 -- 00:01:09.570 Nonetheless, we expect to have record earnings in the flow area also on accelerated asset 00:01:09.570 -- 00:01:13.413 sales from Q2 onwards. Hotels continue to be very strong. 00:01:13.413 -- 00:01:18.656 All in OP is up 40%, 47% year on year, despite having two hotels closed 00:01:18.656 -- 00:01:22.969 for rebounding as the not as you know, that is our 00:01:22.969 -- 00:01:...