TOKYO, May 14 (Pulse News Wire) – Seibu Holdings Inc. (9024.T) reported lower operating profit despite revenue growth for the fiscal year ending March 2026.
Revenue increased due to asset liquidation and acquisitions, but operating income declined significantly compared to the previous fiscal year. Key segments showed mixed results: real estate operations saw reduced revenues (---¥396.6 billion), while hotel and leisure (+¥9.200 billion) and urban transportation and(+¥4 billion) experienced fluctuations. Operating income across sectors was impacted by higher personnel costs and expenses. Notably, RevPAR for domestic hotels rose by 10.6% compared to the prior year, driven by inbound tourists from North America, Europe, and Australia. Urban transportation revenues grew due to increased demand, contributing positively to overall performance.
Despite these gains, operating profit fell sharply (---¥225.2 billion for real estate, -¥4 billion for hotels, and ---¥1.700 billion for urban transport). Net profit attributable to parent shareholders exceeded expectations, largely due to adjustments related to deferred tax assets in certain subsidiaries. Financial highlights included total assets of ¥1.73 trillion billion, liabilities of ¥1.16 trillion billion, and equity of ¥567.1 billion. The company's capital adequacy ratio stood at 32.9% points, reflecting strong financial health. Seibu Holdings attributed the improved net profit to strategic cost management and tax benefits, positioning itself for continued growth amid challenging economic conditions.
🟡 Confidence: Standard AI-translated content.