J-Holdings Corp.
2721・Standard Market・Wholesale Trade
Sports Business
The group's sole stable revenue source, operating two futsal facilities
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (Q1 FY2026, ending December 2026) | ¥28 million (¥28,191 thousand) | ¥29 million (¥28,565 thousand) | ↓ |
| Operating income (Q1 FY2026, ending December 2026) | ¥6 million (¥6,325 thousand) | ¥8 million (¥7,738 thousand) | ↓ |
| Operating margin (Q1 FY2026, ending December 2026) | 22.4% | 27.1% | ↓ |
| Revenue (Full year FY2025, ended December 2025) | ¥114 million | - | — |
| Operating income (Full year FY2025, ended December 2025) | ¥31 million | - | — |
Business Details
This segment operates futsal facilities and conducts businesses utilizing these facilities. At two locations—"Football Park Higashiyamata" in Yokohama City, Kanagawa Prefecture, and "Futsal Court Tsukashin" in Hyogo Prefecture—the segment rents futsal courts, holds futsal schools (including junior schools), and plans and operates futsal events. While the group as a whole recorded an operating loss, this segment has maintained profitability and is positioned as the group's revenue base.
Recent Overview
In Q1 FY2026, both revenue and profit declined slightly year on year
In Q1 FY2026 (January to March 2026), revenue in the Sports Business was ¥28,191 thousand (down 1.3% year on year), and operating income was ¥6,325 thousand (down 18.3% year on year). Revenue slightly declined from ¥28,565 thousand in the same period of the prior year, and the operating margin also declined from 27.1% to 22.4%. While the group as a whole improved its operating loss from ¥86 million to ¥64 million year on year, this segment continued to serve as the sole profitable segment underpinning the group's revenue base.
Key Products
Growth Drivers
- Increase in membership through enhancement of the junior school at Tsukashin
- Continued customer traffic measures through facility repairs and event planning tailored to customer needs at Higashiyamata and Tsukashin
- Acquisition of repeat customers and maintenance of stable facility utilization rates through improved customer satisfaction
- Expectations for revenue stabilization as the group's sole profitable segment
Risks
- Material uncertainty regarding going concern assumptions for the group as a whole (continuing operating losses and negative operating cash flow)
- Risk of continued year-on-year decline in both revenue and operating income
- Risk of reduced consumer spending on sports due to inflation, U.S. trade policy, and other economic downside risks
- Geographic concentration risk and scale limitations from operating only two locations
- Risk of profit pressure from fixed cost burdens such as personnel expenses and rent
Last updated: March 30, 2026