Fujita Kanko Inc. Raises FY2026 Earnings Forecast on Strong Inbound Demand
Fujita Kanko Inc. (TSE:9722) has raised its full-year earnings guidance for the fiscal year ending December 2026, citing stronger-than-expected inbound tourism demand across Western markets and Australia.
| Item | Before (JPY M) | After (JPY M) | Change | Change % |
|---|---|---|---|---|
| Revenue | 83,000 | 84,000 | 1,000 | 1.2% |
| Operating Profit | 12,000 | 13,200 | 1,200 | 10.0% |
| Ordinary Income | 11,600 | 12,800 | 1,200 | 10.3% |
| Net Profit | 11,500 | 12,500 | 1,000 | 8.7% |
| EPS | 191.93 | 208.60 | 16.67 | 8.7% |
The hospitality company upgraded operating profit to JPY 13.2bn and ordinary income (keijo rieki)—a Japan-specific metric capturing non-operating items—to JPY 12.8bn, both reflecting double-digit increases. Net profit rose to JPY 12.5bn, with earnings per share climbing to JPY 208.60. Revenue guidance was modestly increased to JPY 84.0bn. The revisions stem from first-half consolidated results that exceeded prior forecasts, driven by elevated average daily room rates (ADR) as international visitors from Europe, North America, and Australia boosted occupancy. Management held second-half guidance unchanged, signaling a cautious stance toward full-year momentum.
The upward revision demonstrates Fujita Kanko’s exposure to sustained inbound tourism recovery in Japan. The 10% operating profit upgrade signals accelerating profit growth beyond revenue expansion, suggesting improved operational leverage. However, the unchanged second-half outlook suggests management views first-half outperformance as partially non-recurring or prefers to avoid overcommitting guidance. International investors should note that ordinary income differs materially from operating profit due to financial income and expenses—a distinction critical when comparing Japanese earnings to IFRS or US GAAP standards.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.