Fujita Kanko (9722) Q2 2025 earnings summary

Executive summary

• Net sales rose 11.4% year-over-year to ¥39,955 million for the six months ended June 30, 2025, driven by robust inbound demand and higher sales per use in accommodation.

• Operating profit increased 34.2% year-over-year to ¥6,877 million, with ordinary profit up 21.1% to ¥6,797 million and profit attributable to owners up 12.8% to ¥4,517 million.

• Growth was supported by strong performance in the WHG and Luxury & Banquet segments, offsetting higher labor costs.

• Labor costs increased due to wage raises and higher bonuses; tax expenses rose as loss carryforwards were eliminated.

Financial highlights

• Net sales: ¥39,955 million, up ¥4,072 million year-over-year.

• Operating profit: ¥6,877 million, up ¥1,753 million year-over-year.

• Ordinary profit: ¥6,797 million, up ¥1,182 million year-over-year.

• Profit attributable to owners: ¥4,517 million, up ¥513 million year-over-year.

• Gross profit increased to ¥8,874 million from ¥6,878 million year-over-year.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥80,500 million, up ¥1,900 million from previous guidance.

• Full-year operating profit forecast raised to ¥13,300 million, up ¥1,300 million.

• Profit attributable to owners forecast increased to ¥8,800 million, up ¥800 million.

• EPS for the full year projected at ¥729.82.

• Assumptions include continued high occupancy and ADR, especially in WHG and luxury segments.