Financial Performance - Revenue was 28,316 million JPY (or 1,473 million HKD), an increase of 5.0% compared to the fiscal year ending March 31, 2024[4] - Profit before tax from continuing operations was 1,652 million JPY (or 86 million HKD), a decrease of 9.8% compared to the fiscal year ending March 31, 2024[4] - Net profit attributable to the company from continuing operations was 607 million JPY (or 32 million HKD), a decrease of 87 million JPY compared to the fiscal year ending March 31, 2024[4] - Basic earnings per share from continuing operations were 0.51 JPY (or 0.03 HKD), down from 0.58 JPY in the fiscal year 2024[4] - Total revenue for the fiscal year ending March 31, 2025, is reported at 28,316 million yen, an increase from 26,955 million yen for the previous year, representing a growth of approximately 5%[5] - Operating profit from continuing operations is 2,534 million yen, compared to 2,722 million yen in the previous year, indicating a decrease of about 7%[5] - The company reported a net income of 607 million JPY for the year, compared to 118 million JPY in the previous year, indicating a significant increase[6] - Total comprehensive income for the year was 565 million JPY, a decrease from 73 million JPY in the previous year[7] - The company reported a total payout of 120,366 million JPY in dividends, compared to 107,891 million JPY in the previous year, representing an increase of approximately 11%[18] - The company reported a total loss of 547 million JPY for the fiscal year ending March 31, 2024, with a basic loss per share of (0.23) JPY[32] Investment and Capital Expenditures - Total investment amount was 145,091 million JPY (or 7,549 million HKD), an increase of 10.1% compared to the fiscal year ending March 31, 2024[4] - Capital expenditures for the fiscal year ending March 31, 2025, are expected to be ¥4,223 million, up from ¥3,551 million in the previous year, representing an increase of approximately 18.9%[25] - The company has entered into two purchase agreements for hotel properties totaling 1,156.8 million JPY, with 25% of the price to be funded by minority shareholders[14] - The company acquired 100% of the issued shares of two hotel property companies for a cash consideration of 1 JPY each, along with a loan of 100 million JPY to assist with repayment obligations[45][46] - The identifiable net assets acquired from the purchase amounted to 100 million JPY, including cash and cash equivalents of 18 million JPY and property, plant, and equipment valued at 229 million JPY[48] Operational Highlights - The company operated 49 gaming halls in Japan as of the announcement date, unchanged from March 31, 2024[4] - The number of installed gaming machines reached 29,192 units by the end of March 2025, marking a new high for the company[50] - The company has introduced self-service kiosks in 46 gaming halls, representing 94% of the total, to enhance customer satisfaction and operational efficiency[51] - The company continues to adapt its gaming hall operations to improve sales capabilities and has successfully transformed unprofitable locations into top-performing venues in their respective areas[52] - The company has reported a significant increase in user data, reflecting a growing customer base[6] Discontinued Operations - The company terminated its restaurant operations in China in August 2023, and this segment is reported as discontinued operations[21] - The bankruptcy plan for the terminated operations in China was approved by the board on September 19, 2023, with the bankruptcy proceedings currently ongoing[30] - The financial performance of discontinued operations will be presented in the consolidated comprehensive income statement as per IFRS 5[31] - The company reported a net loss of 431 million JPY due to the early termination of a restaurant lease, with a total lease liability recognized at 243 million JPY[32] Future Outlook and Strategy - The company aims to enhance its market presence through new product development and strategic partnerships in the upcoming fiscal year[5] - Future guidance indicates a focus on improving operational efficiency and exploring potential mergers and acquisitions to drive growth[5] - The company plans to invest in technology advancements to enhance user experience and expand its service offerings[5] - The company plans to focus on expanding its market presence and developing new technologies in the upcoming fiscal year[6] - The company aims to address local issues to create new business opportunities and reduce future operational risks, emphasizing regional development as a key future task[62] Financial Position - The total assets of the company as of the reporting date were 694 million yen, reflecting a stable asset base[5] - Total assets decreased to 63,653 million JPY from 65,760 million JPY year-over-year[8] - The company’s total liabilities decreased to 50,847 million JPY from 51,888 million JPY[8] - The total equity of the company as of March 31, 2025, is 19,235 million JPY, an increase from 18,981 million JPY in the previous year[9] - The company's total liabilities amount to 44,418 million JPY, down from 46,779 million JPY year-over-year[9] Corporate Governance and Compliance - The company has adopted and complied with all applicable principles and rules of the Corporate Governance Code as of March 31, 2025, except for the separation of roles between the Chairman and CEO[95] - The company’s audit committee, along with management and external auditors, reviewed the accounting principles and policies adopted for the year ended March 31, 2025[100] - The annual general meeting of shareholders will be held on June 30, 2025, at a specified location in Fukushima, Japan[102] Market and Economic Environment - The company anticipates challenges in the economic environment due to inflation and currency depreciation, impacting consumer purchasing power and spending behavior[49] - Management believes that the recent acquisitions present a good opportunity for further expansion in the hotel business following the strong recovery of Japan's tourism industry post-COVID-19[92]
NIRAKU(01245) - 2025 - 年度业绩