Financial Performance - For the six months ended September 30, 2025, the company reported total revenue of ¥15,453 million, an increase of ¥1,295 million compared to ¥14,158 million for the same period in 2024, representing a growth of approximately 9.2%[10] - The company's pre-tax profit for the six months ended September 30, 2025, was ¥1,236 million, with a net profit attributable to shareholders of ¥698 million, an increase of ¥247 million from the previous year[10] - The revenue from the Japanese-style pachinko and slot machine business was ¥12,630 million, compared to ¥12,374 million in the previous year, indicating a growth of 2.1%[7] - The company achieved an overall revenue rate of 17.0% for the six months ended September 30, 2025, slightly down from 17.3% in the previous year[7] - The company recorded other income of ¥1,164 million for the six months ended September 30, 2025, compared to ¥888 million in the previous year, reflecting a growth of 31%[7] - The earnings per share for the six months ended September 30, 2025, was ¥0.58, up from ¥0.38 in the same period last year, representing a growth of 52.6%[7] - The company reported a profit of ¥713 million for the six months ended September 30, 2025, compared to ¥451 million for the same period in 2024, representing a 58% increase[65] - Total comprehensive income for the period was ¥750 million, up from ¥432 million in the previous year, indicating a 73.8% growth[65] Revenue Breakdown - Japanese pachinko business revenue increased by 2,523 million yen, from 71,653 million yen for the six months ended September 30, 2024, to 74,176 million yen for the current period[11] - The amusement park business revenue grew by 3.2%, from 896 million yen to 925 million yen, driven by strong family and leisure spending in Southeast Asia[12] - The restaurant business revenue surged by 28.3%, from 501 million yen to 643 million yen, attributed to the popularity of cafes and bubble tea among the younger generation[13] - The real estate investment segment reported revenue of ¥734 million, with no revenue recorded in the previous year, marking a new revenue stream for the company[86] Expenses and Liabilities - Operating expenses for gaming, hotels, and restaurants rose to 11,172 million yen, a 4.1% increase from 10,733 million yen, primarily due to increased costs from smart gaming machines and inflation[28] - Administrative expenses increased by 11.1% to 2,328 million yen, attributed to higher employee salaries and promotional activities[29] - The company incurred operating expenses of ¥11,172 million for gaming, hotel, and restaurant operations, an increase from ¥10,733 million in the previous year[63] - The total liabilities increased to ¥44,634 million from ¥44,418 million, reflecting a slight increase of 0.5%[68] Assets and Equity - The company’s total assets as of September 30, 2025, were ¥64,475 million, an increase from ¥63,653 million as of March 31, 2025[7] - The company's equity attributable to shareholders increased to ¥20,996 million from ¥20,406 million, a rise of 2.9%[68] - Cash and cash equivalents stood at 10,618 million yen, with total borrowings and lease liabilities amounting to 36,269 million yen[34] - Current assets rose to ¥14,176 million from ¥12,806 million, marking an increase of 10.7%[67] Cash Flow and Financing - Operating cash flow (before changes in working capital) was 4,008 million yen, up from 3,601 million yen in the previous year[34] - The company incurred a net cash outflow from investing activities of ¥1,092 million, compared to ¥2,292 million in the prior year, indicating a reduction in cash outflow by 52.3%[71] - The company raised ¥4,587 million through borrowings, compared to ¥2,796 million in the previous year, representing a 64.1% increase[71] Corporate Governance and Compliance - The company has complied with all applicable corporate governance codes except for the separation of roles between the Chairman and CEO[45] - The company’s board has appointed a new non-executive director effective June 30, 2025[53] Strategic Plans and Future Outlook - The company plans to continue leveraging new opportunities, advancing digitalization, and cost-saving measures to ensure stable returns[10] - The company plans to open two new Spanish restaurants in the third and fourth quarters of the fiscal year to capitalize on the growing tourism industry in Japan[17] - The company plans to adjust the payout rate from an average of 82% to 83% to enhance revenue and customer flow in pachinko parlors[11] Impairment and Asset Management - The company recognized impairment losses of approximately 84 million JPY for property, plant, and equipment for the six months ended September 30, 2025, compared to 42 million JPY in the same period of 2024, marking a 100% increase in impairment losses[113] - The additional impairment loss for the Japanese pachinko and slot machine business is estimated at 125 million yen if the revenue growth rate for the first 18 months decreases by 2%[114] Employee and Management Compensation - Total compensation for key management personnel increased to ¥220 million for the six months ended September 30, 2025, compared to ¥163 million for the same period in 2024, representing a 35% increase[136]
NIRAKU(01245) - 2026 - 中期财报