Note:This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
May 14, 2026
Consolidated Financial Results for the Three Months Ended March 31, 2026 (Under Japanese GAAP)
Company name: FUJITA KANKO INC. Listing: Tokyo Stock Exchange Securities code: 9722
URL: https://www.fujita-kanko.co.jp/
Representative: Shinsuke Yamashita Representative Director and President, Executive Officer
Inquiries: Yasuko Ishihara Manager of Accounting and Finance Department of Planning Division
Telephone: +81-3-5981-7723
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: Yes Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the three months ended March 31, 2026 (from January 1, 2026 to March 31, 2026)
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended
March 31, 2026
March 31, 2025
Millions of yen
19,424
18,765
%
3.5
10.5
Millions of yen
2,586
2,954
%
(12.5)
43.7
Millions of yen
2,116
2,500
%
(15.4)
14.9
Millions of yen
5,346
1,626
%
228.7
(2.6)
Note: Comprehensive income
For the three months ended March 31, 2026:
¥
3,588 million [
69.1%]
For the three months ended March 31, 2025:
¥
2,121 million [
10.4%]
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
March 31, 2026
89.23
-
March 31, 2025
26.81
-
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
As of
March 31, 2026
December 31, 2025
Millions of yen
97,829
98,834
Millions of yen
39,567
36,818
%
40.4
37.3
Reference: Equity
As of March 31, 2026: ¥ 39,567 million
As of December 31, 2025: ¥ 36,818 million
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended December 31, 2025
-
0.00
-
70.00
70.00
Fiscal year ending December 31, 2026
-
Fiscal year ending December 31, 2026
(Forecast)
0.00
-
20.00
20.00
Note: Revisions to the forecast of cash dividends most recently announced: None
- Consolidated financial result forecasts for the fiscal year ending December 31, 2026 (from January 1, 2026 to December 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Six months ending June 30, 2026 Full year | Millions of yen 39,700 83,000 | % (0.6) 1.2 | Millions of yen 5,100 12,000 | % (25.8) (13.0) | Millions of yen 4,900 11,600 | % (27.9) (15.4) | Millions of yen 7,000 11,500 | % 55.0 23.8 | Yen 116.83 191.93 |
Note: Revisions to the financial result forecast most recently announced: None
* NotesSignificant changes in the scope of consolidation during the period: None
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2026
61,037,120 shares
As of December 31, 2025
61,037,120 shares
Number of treasury shares at the end of the period
As of March 31, 2026
1,118,610 shares
As of December 31, 2025
1,118,520 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Three months ended March 31, 2026 | 59,918,569 shares |
Three months ended March 31, 2025 | 59,921,480 shares |
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None
Proper use of earnings forecasts, and other special matters
Quarterly Consolidated Financial Statements and Primary Notes Quarterly Consolidated Balance Sheet
(Millions of yen)
As of December 31, 2025
As of March 31, 2026
Assets
Current assets | ||
Cash and deposits | 12,255 | 16,901 |
Notes and accounts receivable - trade | 5,888 | 6,357 |
Merchandise and finished goods | 52 | 49 |
Work in process | 28 | 5 |
Raw materials and supplies | 506 | 365 |
Other | 1,949 | 1,456 |
Allowance for doubtful accounts | (4) | (4) |
Total current assets | 20,676 | 25,131 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 34,899 | 34,469 |
Tools, furniture and fixtures, net | 5,184 | 5,709 |
Land | 5,990 | 5,990 |
Construction in progress | 1,795 | 1,600 |
Golf courses | 2,521 | 2,525 |
Other, net | 825 | 812 |
Total property, plant and equipment | 51,215 | 51,107 |
Intangible assets | ||
Other | 653 | 689 |
Total intangible assets | 653 | 689 |
Investments and other assets | ||
Investment securities | 16,716 | 11,329 |
Guarantee deposits | 9,362 | 9,361 |
Other | 213 | 213 |
Allowance for doubtful accounts | (4) | (4) |
Total investments and other assets | 26,288 | 20,900 |
Total non-current assets | 78,157 | 72,697 |
Total assets | 98,834 | 97,829 |
(Millions of yen)
As of December 31, 2025
As of March 31, 2026
Liabilities
Current liabilities
Notes and accounts payable - trade | 1,239 | 989 |
Short-term borrowings | 7,792 | 7,792 |
Current portion of long-term borrowings | 7,388 | 7,219 |
Income taxes payable | 3,037 | 2,783 |
Provision for bonuses | 408 | 1,040 |
Other | 9,501 | 8,586 |
Total current liabilities | 29,366 | 28,411 |
Non-current liabilities
Long-term borrowings 12,475 10,712
Provision for retirement benefits for directors (and other officers) | 104 | 16 |
Asset retirement obligations | 964 | 965 |
Retirement benefit liability | 5,845 | 5,756 |
Deposits received from members | 9,976 | 10,025 |
Other | 3,282 | 2,373 |
Total non-current liabilities | 32,648 | 29,850 |
Total liabilities | 62,015 | 58,261 |
Net assets | ||
Shareholders' equity | ||
Share capital | 100 | 100 |
Capital surplus | 12,013 | 12,013 |
Retained earnings | 18,688 | 23,196 |
Treasury shares | (917) | (917) |
Total shareholders' equity | 29,885 | 34,392 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 6,693 | 4,944 |
Deferred gains or losses on hedges | 19 | 22 |
Foreign currency translation adjustment | (414) | (416) |
Remeasurements of defined benefit plans | 634 | 624 |
Total accumulated other comprehensive income | 6,933 | 5,175 |
Total net assets | 36,818 | 39,567 |
Total liabilities and net assets | 98,834 | 97,829 |
Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income
For the Three-Month Period | ||
(Millions of yen) | ||
For the three months ended March 31, 2025 | For the three months ended March 31, 2026 | |
Net sales | 18,765 | 19,424 |
Cost of sales | 14,932 | 15,824 |
Gross profit | 3,832 | 3,599 |
Selling, general and administrative expenses | 878 | 1,013 |
Operating profit | 2,954 | 2,586 |
Non-operating income | ||
Interest income | 1 | 0 |
Dividend income | 5 | 12 |
Rental income from land and buildings | 25 | 31 |
Other | 32 | 13 |
Total non-operating income | 64 | 57 |
Non-operating expenses | ||
Interest expenses | 119 | 99 |
Foreign exchange losses | 365 | 22 |
Commission expenses | - | 290 |
Other | 33 | 114 |
Total non-operating expenses | 517 | 526 |
Ordinary profit | 2,500 | 2,116 |
Extraordinary income | ||
Gain on sale of investment securities | - | 5,999 |
Total extraordinary income | - | 5,999 |
Profit before income taxes | 2,500 | 8,116 |
Income taxes | 874 | 2,769 |
Profit | 1,626 | 5,346 |
Profit attributable to owners of parent | 1,626 | 5,346 |