October 30, 2025
Business forecasts and other projections herein are based on information available at present and logical assessments and do not represent any promise by the Company. The actual results may differ significantly from these projections due to various factors.
9042 https://www.hankyu-hanshin.co.jp/en/
Ⅰ ．Performance Highlights for the First Half of Fiscal 2026 (Ending March 2026)
H1 FY2026 Results | FY2025 Results | Change | |
Consolidated Subsidiaries 112 companies | 111 companies +1 (4 companies increase, 3 companies decrease) | ||
Equity-Method Affiliates 14 companies | 13 companies +1 (1 company increase) | ||
Total | 126 companies | 124 companies +2 companies | |
Consolidated Statements of Income (Summary)
Remarks
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 598,833 | 534,656 +64,176 ( +12.0% ) | |||||
Operating profit [Business profit] | 84,075 [84,664] | 66,797 [67,483] | +17,278 [+17,181] | ( +25.9% [ +25.5% | ) ] | For details, please see P4. | |
Non-operating income | 10,869 | 12,405 | -1,536 | Share of profit of entities accounted for using equity method -2,086 | |||
Non-operating expenses | 9,809 | 8,335 | +1,474 | Interest expenses +1,683 | |||
Ordinary profit | 85,135 | 70,867 | +14,267 | ( +20.1% | ) | ||
Extraordinary income | 2,440 | 1,820 | +619 | ||||
Extraordinary losses | 7,596 | 3,561 | +4,035 | Provision for loss on removal of property and equipment +6,265 Loss on change in equity -2,036 | |||
Profit attributable to owners of parent | 53,875 | 50,878 | +2,997 | ( +5.9% | ) | ||
[Reference] | |||
Depreciation and amortization | 33,756 | 31,397 | +2,359 |
Financial balance (1) - (2) | -6,064 | -4,611 | -1,453 |
Interest and dividend income (1) | 1,302 | 1,071 | +230 |
Interest expenses (2) | 7,366 | 5,683 | +1,683 |
Key results in current period
Revenue and profit increased as a result of strong performance in the Sports business following the Hanshin Tigers' victory in the league championship, an increase in overseas travel in the Travel segment, in addition to demand captured in the Urban Transportation segment and Hotel business in association with the Expo 2025 Osaka, Kansai, Japan, together with condominium sales exceeding the level recorded in the same period of the previous year in the Real Estate segment.
(¥ million) | Operating revenue | Operating profit [Business profit] | ||||
H1 FY2026 Results | H1 FY2025 Results | Change | H1 FY2026 Results | H1 FY2025 Results | Change | |
Urban Transportation | 108,391 | 102,052 | +6,339 | 22,388 | 19,705 | +2,682 |
Real Estate | 191,390 | 163,014 | +28,375 | 37,357 | 29,080 | +8,276 |
[37,946] | [29,766] | [+8,180] | ||||
Entertainment | 54,683 | 50,989 | +3,694 | 16,287 | 14,943 | +1,344 |
Information and Communication Technology | 31,037 | 30,435 | +602 | 1,939 | 2,049 | -110 |
Travel | 151,796 | 131,088 | +20,707 | 6,767 | 4,798 | +1,968 |
International Transportation | 51,766 | 49,827 | +1,938 | 677 | -1,652 | +2,329 |
Other | 30,721 | 28,392 | +2,328 | 1,397 | 1,045 | +352 |
Adjustment | -20,954 | -21,144 | +189 | -2,738 | -3,173 | +434 |
Total | 598,833 | 534,656 | +64,176 | 84,075 | 66,797 | +17,278 |
[84,664] | [67,483] | [+17,181] | ||||
Consolidated Statements of Income (Breakdown for each business segment)
Note: 1) Business profit = Operating profit + Equity-method gains/losses related to overseas business investments
2) Effective from FY2026, the revenue and expenses of certain subsidiaries engaged in the Retailing business within the Urban Transportation segment
Revenue and profit increased, driven by factors such as the Expo 2025 Osaka, Kansai, Japan, higher passenger volumes on the Hankyu and Hanshin railway lines, and an increase in transportation revenue in the Automobile business.
Urban Transportation Results
%
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 108,391 | 102,052 | +6,339 | +6.2% |
Operating profit | 22,388 | 19,705 | +2,682 | +13.6% |
Opertating revenue
Operating profit
H1 FY2026
Results
H1 FY2025
Results
Change
H1 FY2026
Results
H1 FY2025
Results
Change
(¥ billion)
[Breakdown by type of business]
Railway | 80.5 | 76.4 | +4.1 | 22.6 | 21.0 | +1.6 |
Automobile | 24.2 | 22.0 | +2.2 | 2.7 | 1.2 | +1.5 |
Retailing | 4.4 | 4.3 | +0.0 | 0.9 | 0.9 | +0.0 |
Others | 3.3 | 3.5 | -0.2 | 0.1 | 0.2 | -0.1 |
Note: Not including head office expenses / adjustments.
[Urban Transportation] Railway Performance Results
Hankyu Corporation
Fare revenues (¥ million) | Passenger volumes (Thousands) | |||||||
H1 FY2026 Results | H1 FY2025 Results | Change | H1 FY2026 Results | H1 FY2025 Results | Change | |||
Commuter pass | 17,192 | 16,798 | +393 | (+2.3%) | 168,239 | 163,860 | +4,379 | (+2.7%) |
Workers | 14,914 | 14,583 | +331 | (+2.3%) | 116,588 | 113,937 | +2,651 | (+2.3%) |
Students | 2,277 | 2,215 | +62 | (+2.8%) | 51,651 | 49,923 | +1,728 | (+3.5%) |
Other tickets | 32,449 | 30,610 | +1,839 | (+6.0%) | 149,783 | 143,165 | +6,617 | (+4.6%) |
Total | 49,642 | 47,409 | +2,232 | (+4.7%) | 318,023 | 307,026 | +10,996 | (+3.6%) |
Fare revenues (¥ million) | Passenger volumes (Thousands) | |||||||
H1 FY2026 Results | H1 FY2025 Results | Change | H1 FY2026 Results | H1 FY2025 Results | Change | |||
Commuter pass | 6,545 | 6,294 | +250 | (+4.0%) | 65,141 | 63,052 | +2,089 | (+3.3%) |
Workers | 5,918 | 5,684 | +233 | (+4.1%) | 51,944 | 50,246 | +1,698 | (+3.4%) |
Students | 626 | 610 | +16 | (+2.7%) | 13,197 | 12,806 | +390 | (+3.1%) |
Other tickets | 12,922 | 11,725 | +1,196 | (+10.2%) | 64,912 | 59,925 | +4,986 | (+8.3%) |
Total | 19,467 | 18,020 | +1,446 | (+8.0%) | 130,053 | 122,978 | +7,075 | (+5.8%) |
Note: 1) Revenue amounts less than one million yen, and numbers of passengers less than one thousand, are omitted.
For Hankyu Railway, "other ticket revenue/ridership" includes revenue/ridership associated with the PiTaPa usage sections.
Sum of tier 1 and tier 2 railway operators for both Hankyu Corporation and Hanshin Electric Railway.
Barrier-free charge is added to regular rail fares and included in the fare revenues from "Other tickets" and "Commuter pass: workers" for both Hankyu Corporation and Hanshin Electric Railway.
Revenue and profit increased, driven by an increase in condominium sales year-on-year in the Real estate sales business, while the Real estate leasing business continued to perform steadily across properties. In addition, the sale of a short-term recovery based logistics facility during the period contributed to performance, together with strong results in the Hotel business's accommodation operations and growth in the Overseas real estate business.
Real Estate Results
%
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 191,390 | 163,014 | +28,375 | +17.4% |
Operating profit [Business profit] | 37,357 [37,946] | 29,080 [29,766] | +8,276 [+8,180] | +28.5% [+27.5%] |
[Breakdown by type of business]
Opertating revenue
Operating profit
H1 FY2026
Results
H1 FY2025
Results
Change
H1 FY2026
Results
H1 FY2025
Results
Change
(¥ billion)
Real estate leasing
and others
97.9
89.6
+8.3
25.7
23.9
+1.8
Housing
72.9
55.9
+16.9
Overseas real estate
6.3
4.4
+1.9
Hotel
34.1
31.2
+3.0
13.9
2.7
[3.3]
2.4
7.4
1.9
[2.6]
2.0
+6.5
+0.8
[+0.8]
+0.4
Note: 1) Not including head office expenses / adjustments.
Business profit = Operating profit + Equity-method gains/losses related to overseas business investments
Beginning in FY2026, business names within the Real Estate segment have been revised from "Real estate leasing" to "Real estate leasing and others,
" and "Real estate sales and others" to "Housing," respectively. Additionally, revenue and expenses previously included under "Real estate sales and others, such as those from property management, building maintenance, real estate funds, and REITs, will now be included under "Real estate leasing and others."
Comparative figures for the same period of the previous fiscal year have also been restated accordingly. 7
Revenue and profit in the Stage business decreased following a decline in the number of performances at the Umeda Arts Theater and a decline in the sales of Takarazuka Revue-related merchandise, despite an increase in the number of Takarazuka Revue performances. Despite this, revenue and profit for the Entertainment segment as a whole increased following strong performance in the Sports business on the back of the Hanshin Tigers' league championship win.
Entertainment Results
%
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 54,683 | 50,989 | +3,694 | +7.2% |
Operating profit | 16,287 | 14,943 | +1,344 | +9.0% |
Opertating revenue
Operating profit
H1 FY2026
Results
H1 FY2025
Results
Change
H1 FY2026
Results
H1 FY2025
Results
Change
(¥ billion)
[Breakdown by type of business]
Sports | 38.2 | 34.3 | +3.9 | 15.7 | 13.9 | +1.8 |
Stage | 16.4 | 16.6 | -0.2 | 1.7 | 2.0 | -0.3 |
Note: Not including head office expenses / adjustments.
While gains in Internet service subscribers in the Broadcast and communications business, and orders related to transportation terminal management systems in the Information services business led to an increase in revenue, profit decreased as a result of higher expenses.
Information and Communication Technology Results
Travel Results
%
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 31,037 | 30,435 | +602 | +2.0% |
Operating profit | 1,939 | 2,049 | -110 | -5.4% |
Revenue and profit increased, driven by a rise in long-distance tour bookings to Europe and other overseas regions, steady performance in domestic travel, and the receipt of transportation support service contracts related to the Expo 2025 Osaka, Kansai, Japan.
%
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 151,796 | 131,088 | +20,707 | +15.8% |
Operating profit | 6,767 | 4,798 | +1,968 | +41.0% |
Revenue and profit increased, driven by a recovery in air freight across Japan, East Asia, and ASEAN regions.
International Transportation Results
%
Change
H1 FY2025
Results
H1 FY2026
Results
(¥ million)
Operating revenue | 51,766 | 49,827 | +1,938 | +3.9% |
Operating profit | 677 | -1,652 | +2,329 | - |
Consolidated Balance Sheets
H1 FY2026 Results FY2025 Results Change Remarks Liabilities Assets
(¥ million)
Current assets | 661,482 | 618,119 | +43,363 |
Non-current assets | 2,684,850 | 2,665,334 | +19,515 |
Total assets | 3,346,333 | 3,283,453 | +62,879 |
Current liabilities | 503,176 | 536,001 | -32,824 |
Non-current liabilities | 1,670,200 | 1,614,992 | +55,207 |
Total liabilities | 2,173,376 | 2,150,993 | +22,383 |
Shareholders' equity | 1,016,314 | 975,572 | +40,741 |
Accumulated other comprehensive income | 59,591 | 60,319 | -728 |
Non-controlling interests | 97,051 | 96,568 | +482 |
Total net assets | 1,172,956 | 1,132,460 | +40,496 |
Equity ratio | 32.2% | 31.5% | +0.7P |
Note: Net interest-bearing debt = Interest-bearing debt - Cash and Deposits
Land and buildings for sale +48,925 Investment securities +27,118
Change
Property, plant and equipment and intangible assets -8,103
H1 FY2026
Results
FY2025
Results
Debt | 990,215 | 943,393 | +46,821 |
Bonds | 335,000 | 325,000 | +10,000 |
Commercial papers | 10,000 | - | +10,000 |
Lease liabilities | 12,437 | 14,382 | -1,944 |
Interest-bearing debt | 1,347,652 | 1,282,775 | +64,877 |
Net interest-bearing debt | 1,285,579 | 1,221,723 | +63,856 |
Decrease in accounts payable
Profit attributable to owners of parent +53,875 Payment dividend -7,210
Ⅱ． Forecasts for Fiscal 2026 (Ending March 2026)Consolidated Statements of Income (Summary)
Change
=(1)-(3)
FY2025
Results
(3)
Remarks
Change
=(1)-(2)
FY2026
Forecasts (As of July) (2)
FY2026
Forecasts
(1)
(¥ billion)
Operating revenue | 1,200.0 | 1,200.0 | - | - While revenue is expected to remain in line with July projections due to a review of the sales timing for short-term recovery properties in the Real estate business, profit is forecasted to | 1,106.9 +93.1 | ||
Operating profit | 127.4 | 122.4 | +5.0 | (+4.1%) | increase due to extremely strong performance across many business areas, including the Sports business, which has been buoyed by the Hanshin Tigers' league championship win. | 110.9 [112.1] | +16.5 [+16.9] |
[Business profit] | [129.0] | [124.0] | [+5.0] | [+4.0%] | |||
Ordinary profit | 125.0 | 118.0 | +7.0 | (+5.9%) Profit is expected to increase due to equity-method gains, in addition to an increase in operating profit. | 111.2 | +13.8 | |
Profit attributable to owners of parent | 78.0 | 78.0 | - | Despite an increase in ordinary profit, profit is expected to fall in - line with July projections due to revisions to extraordinary profit and loss. | 67.4 | +10.6 | |
(Reference) | ||||||
Capital Expenditures | 114.9 | 115.4 | -0.5 | 116.9 | -2.0 | |
Depreciation and amortization | 69.4 | 72.4 | -3.0 | 64.5 | +4.9 | |
Financial balance (A) - (B) | -13.6 | -13.9 | +0.3 | -9.9 | -3.7 | |
Interest and dividend income (A) | 2.2 | 1.9 | +0.3 | 2.2 | +0.0 | |
Interest expense (B) | 15.8 | 15.8 | - | 12.1 | +3.7 | |
Note: Business profit = Operating profit + Equity-method gains/losses related to overseas business investments
Consolidated Statements of Income (Breakdown for each business segment)
=(1)-(3)
Change
FY2025
Results
(3)
Remarks
=(1)-(2)
Change
(2)
(1)
FY2026 FY2026
Forecasts Forecasts
(As of July)
(¥ billion)
Upper row:
Operating revenue
Lower row:
Operating profit [Business profit]
1,200.0 | 1,200.0 | - | 1,106.9 | +93.1 | |
Total | 127.4 | 122.4 | +5.0 | 110.9 | +16.5 |
[129.0] | [124.0] | [+5.0] | [112.1] | [+16.9] |
Urban Transportation
+1.1
90.6
84.0
+6.6 Revenue and profit are expected to increase due to strong performance in the Sports business following Hanshin Tigers'
82.5
+8.1
Entertainment
Information and
Communication Technology
Travel
108.5
108.5
-
104.7
+3.8
International Transportation Profit is expected to increase due to gross margins coming in above July projections.
1.5 0.8 +0.7 -1.3 +2.8
[Breakdown for each business segment]
212.5 | 212.4 | +0.1 | Revenue and profit are expected to increase due to passenger volumes on the Hankyu and Hanshin railway lines and | 205.2 | +7.3 |
34.4 | 33.3 | transportation revenue in the Automobile business exceeding July projections. | 35.1 | -0.7 | |
Real Estate | 420.1 68.4 | 430.9 68.4 | -10.8 - | Although revenue is expected to decrease due to a review of the sales timing for short-term recovery properties in the Real estate segment, profit is expected to fall in line with July projections due to strong results in the Hotel business's | 367.8 57.6 | +52.3 +10.8 |
[70.0] | [70.0] | [－] accommodation operations alongside an anticipated decrease in expenses. [58.9] | [+11.1] | |||
13.0 | 10.7 | +2.3 | league championship win, and other factors. | 11.4 | +1.6 |
74.3 | 73.9 | +0.4 | 70.1 | +4.2 | |
7.9 | 7.8 | +0.1 | 6.9 | +1.0 | |
280.0 | 280.0 | - | 261.1 | +18.9 | |
5.4 | 5.3 | +0.1 | 5.3 | +0.1 |
Note: 1) Business profit = Operating profit + Equity-method gains/losses related to overseas business investments
2) Effective from FY2026, the revenue and expenses of certain subsidiaries engaged in the Retailing business within the Urban Transportation segment
are now presented under the Other segment. The figures for the corresponding period of the previous year have been reclassified accordingly for comparison purposes.
[Urban Transportation] Railway Performance Forecasts
Hankyu Corporation
Fare revenues (¥ million) | Passenger volumes (Thousands) | |||||||
FY2026 Forecasts | FY2025 Results | Change | FY2026 Forecasts | FY2025 Results | Change | |||
Commuter pass | 33,758 | 33,013 | +744 | (+2.3%) | 326,375 | 318,964 | +7,411 | (+2.3%) |
Workers | 29,527 | 28,891 | +635 | (+2.2%) | 230,739 | 225,791 | +4,947 | (+2.2%) |
Students | 4,231 | 4,122 | +109 | (+2.6%) | 95,636 | 93,172 | +2,464 | (+2.6%) |
Other tickets | 64,851 | 62,265 | +2,586 | (+4.2%) | 299,240 | 290,022 | +9,217 | (+3.2%) |
Total | 98,609 | 95,278 | +3,331 | (+3.5%) | 625,615 | 608,987 | +16,628 | (+2.7%) |
Hanshin Electric Railway
Fare revenues (¥ million) | Passenger volumes (Thousands) | |||||||
FY2026 Forecasts | FY2025 Results | Change | FY2026 Forecasts | FY2025 Results | Change | |||
Commuter pass | 12,941 | 12,449 | +491 | (+3.9%) | 128,221 | 124,258 | +3,963 | (+3.2%) |
Workers | 11,758 | 11,286 | +471 | (+4.2%) | 103,245 | 99,776 | +3,469 | (+3.5%) |
Students | 1,182 | 1,162 | +19 | (+1.7%) | 24,976 | 24,482 | +493 | (+2.0%) |
Other tickets | 24,830 | 23,065 | +1,765 | (+7.7%) | 125,158 | 118,288 | +6,869 | (+5.8%) |
Total | 37,771 | 35,515 | +2,256 | (+6.4%) | 253,379 | 242,547 | +10,832 | (+4.5%) |
Note: 1) Revenue amounts less than one million yen, and numbers of passengers less than one thousand, are omitted.
For Hankyu Railway, "other ticket revenue/ridership" includes revenue/ridership associated with the PiTaPa usage sections.
Sum of tier 1 and tier 2 railway operators for both Hankyu Corporation and Hanshin Electric Railway.
Barrier-free charge is added to regular rail fares and included in the fare revenues from "Other tickets" and "Commuter pass: workers" for both Hankyu Corporation and Hanshin Electric Railway. 15
FY2025 Results | FY2026 Forecasts (As of July) | FY2026 Forecasts | |
Business profit (1)+(2) | ¥112.1billion | ¥124.0billion | ¥129.0billion |
Operating profit (1) | ¥110.9billion | ¥122.4billion | ¥127.4billion |
Equity-method gains/losses related to overseas business investments(2) | ¥1.2billion | ¥1.6billion | ¥1.6billion |
EBITDA*1 | ¥179.2billion | ¥199.0billion | ¥201.0billion |
Profit attributable to owners of parent | ¥67.4billion | ¥78.0billion | ¥78.0billion |
ROE | 6.7% | 7.4% | 7.4% |
Net interest-bearing debt*2 | ¥1,221.7billion | ¥1,360.0billion | ¥1,380.0billion |
Net interest-bearing debt/EBITDA ratio | 6.8 | 6.8 | 6.9 |
D/E ratio*3 | 1.2 | 1.3 | 1.3 |
Performance Indicators
(Reference)
¥1,282.8billion
¥1,420.0billion
7.2
7.1
7.2
Interest-bearing debt/EBITDA ratio
¥1,440.0billion
Interest-bearing debt
*1 EBITDA = Business profit (Operating profit + Equity-method gains/losses related to overseas business investments)
+ Depreciation expenses + Amortization of goodwill
*2 Net interest-bearing debt = Interest-bearing debt - Cash and Deposits
*3 D/E ratio = Interest-bearing debt / Equity 16
[Reference] Consolidated Statements of Capital Expenditure
FY2026 Forecasts | FY2026 Forecasts (As of July) | Change | FY2026 Forecasts (As of May) | Change | FY2025 Results | Change |
(1) | (2) | =(1)-(2) | (3) | =(1)-(3) | (4) | =(1)-(4) |
(¥ billion)
Total capital expenditure [Breakdown for each business segment] Urban Transportation | 114.9 53.0 | 115.4 -0.5 | 115.4 | -0.5 | 116.9 | -2.0 |
54.2 | -1.2 | 48.7 | +4.3 | |||
Real Estate | 38.2 | 38.2 | - | 41.0 | -2.8 | |
Entertainment | 9.7 | 8.9 | +0.8 | 18.2 | -8.5 | |
Information and Communication Technology | 5.7 | 5.2 | +0.5 | 5.6 | +0.1 | |
Travel | 4.1 | 2.4 | +1.7 | 1.0 | +3.1 | |
International Transportation | 2.8 | 3.2 | -0.4 | 3.0 | -0.2 | |
Note: Forecasts announced in July 2025 did not disclose capital expenditure by segment.
17
[Reference] Consolidated Statements of Depreciation and Amortization, EBITDA
FY2026
Forecasts
FY2026
Forecasts (As of July)
(2)Change
=(1)-(2)FY2026
Forecasts (As of May)
(3)Change
FY2025
Results
Change
(1) =(1)-(3) (4) =(1)-(4)(¥ billion)
Total Depreciation and amortization [Breakdown for each business segment] Urban Transportation | 69.4 30.1 | 72.4 -3.0 | 72.4 | -3.0 | 64.5 | +4.9 |
30.1 | - | 27.1 | +3.0 | |||
Real Estate | 26.8 | 27.1 | -0.3 | 25.2 | +1.6 | |
Entertainment | 4.8 | 4.8 | - | 3.9 | +0.9 | |
Information and Communication Technology | 5.8 | 5.9 | -0.1 | 5.5 | +0.3 | |
Travel | 0.9 | 1.0 | -0.1 | 0.9 | -0.0 | |
International Transportation | 2.2 | 3.0 | -0.8 | 2.4 | -0.2 | |
Total EBITDA | 201.0 | 199.0 | +2.0 | 193.0 | +8.0 | 179.2 | +21.8 |
[Breakdown for each business segment] | |||||||
Urban Transportation | 64.5 | 62.1 | +2.4 | 62.3 | +2.2 | ||
Real Estate | 96.8 | 95.9 | +0.9 | 84.0 | +12.8 | ||
Entertainment | 17.8 | 15.0 | +2.8 | 15.4 | +2.4 | ||
Information and Communication Technology | 13.7 | 13.7 | - | 12.4 | +1.3 | ||
Travel | 6.3 | 5.0 | +1.3 | 6.2 | +0.1 | ||
International Transportation | 3.7 | 3.3 | +0.4 | 1.1 | +2.6 | ||
Note: 1) EBITDA = Business profit (Operating profit + Equity-method gains/losses related to overseas business investments)+ Depreciation expenses + Amortization of goodwill
2) Forecasts announced in July 2025 did not disclose depreciation and amortization, EBITDA by segment. 18
(¥ billion) | Operating revenue | OPerating Profit[Business profit] | ||||||||
FY2026 Forecasts | FY2026 Forecasts (As of July) | Change | FY2025 Results | Change | FY2026 Forecasts | FY2026 Forecasts (As of July) | Change | FY2025 Results | Change | |
Urban Transportation | 212.5 | 212.4 | +0.1 | 205.2 | +7.3 | 34.4 | 33.3 | +1.1 | 35.1 | -0.7 |
[Breakdown] | ||||||||||
Railway | 159.6 | 159.0 | +0.6 | 153.4 | +6.2 | 36.7 | 36.5 | +0.2 | 37.8 | -1.1 |
Automobile | 47.4 | 46.5 | +0.9 | 44.8 | +2.6 | 3.3 | 2.9 | +0.4 | 2.5 | +0.8 |
Retailing | 7.2 | 8.3 | -1.1 | 8.5 | -1.3 | 1.2 | 1.2 | - | 1.6 | -0.4 |
Others | 10.4 | 9.9 | +0.5 | 10.5 | -0.1 | 0.9 | 0.7 | +0.2 | 0.8 | +0.1 |
Real Estate | 420.1 | 430.9 | -10.8 | 367.8 | +52.3 | 68.4 [70.0] | 68.4 [70.0] | - [－] | 57.6 [58.9] | +10.8 [+11.1] |
[Breakdown] | ||||||||||
Real estate leasing and others | 195.5 | 201.7 | -6.2 | 184.3 | +11.2 | 44.6 | 44.6 | - | 44.4 | +0.2 |
Housing | 179.0 | 188.3 | -9.3 | 145.1 | +33.9 | 26.2 | 26.2 | - | 19.0 | +7.2 |
Overseas real estate | 15.5 | 15.8 | -0.3 | 12.1 | +3.4 | 8.4 | 8.4 | - | 3.6 | +4.8 |
[10.0] | [10.0] | [－] | [4.8] | [+5.2] | ||||||
Hotel | 69.7 | 68.6 | +1.1 | 65.1 | +4.6 | 4.3 | 3.8 | +0.5 | 4.2 | +0.1 |
Entertainment | 90.6 | 84.0 | +6.6 | 82.5 | +8.1 | 13.0 | 10.7 | +2.3 | 11.4 | +1.6 |
[Breakdown] | ||||||||||
Sports | 56.1 | 49.8 | +6.3 | 48.2 | +7.9 | 12.3 | 10.0 | +2.3 | 10.1 | +2.2 |
Stage | 34.4 | 34.1 | +0.3 | 34.2 | +0.2 | 2.7 | 2.7 | - | 3.2 | -0.5 |
[Reference] Operating Revenue and Operating (Business) Profit in Main Segments
Note: 1) Segment totals may not match the aggregate of the amounts for each type of business due to separate head office expenses/adjustments.
Beginning in FY2026, business names within the Real Estate segment have been revised from "Real estate leasing" to "Real estate leasing and others," and "Real estate sales and others"
to "Housing," respectively. Additionally, revenue and expenses previously included under "Real estate sales and others," such as those from property management, building maintenance,
real estate funds, and REITs, will now be included under "Real estate leasing and others." Comparative figures for the same period of the previous fiscal year have also been restated accordingly.
Business profit = Operating profit + Equity-method gains/losses related to overseas business investments
19