TAKE AND GIVE. NEEDS Co., Ltd.

Business Details

The segment centers on the House Wedding Business, which operates directly-managed, mansion-style wedding venues nationwide, planning and running exclusive-use wedding ceremonies and receptions. It also operates the Consulting Business, which provides operational outsourcing and consulting for wedding departments of hotels, restaurants, and other companies, as well as the boutique hotel business under the "TRUNK(HOTEL)" brand. In the current period (fiscal year ending December 2025, a 9-month irregular fiscal period), net sales were ¥34,522 million and segment profit was ¥3,004 million. This is the core segment, accounting for approximately 97% of the Group's consolidated net sales.

Recent Overview

Cash flow figures re-corrected following audit finalization for the securities report. Impairment loss and gain/loss on sale of fixed assets, etc., were reviewed.

On July 6, 2026, the company disclosed a re-correction to the financial results report (kessan tanshin) for the fiscal year ended December 2025 (following the disclosure on February 13, 2026 and a partial correction on March 6). As a result of reviewing impairment loss, gain/loss on sale of fixed assets, and other items in connection with the audit finalization process during preparation of the annual securities report, figures in the statement of cash flows were revised. Cash flow from operating activities was corrected from ¥529 million to ¥1,195 million, cash flow from investing activities from -¥2,513 million to -¥3,042 million, cash flow from financing activities from -¥506 million to -¥634 million, and cash and cash equivalents at period-end from ¥6,318 million to ¥6,327 million. Depreciation expense (amount recorded in the consolidated financial statements) in segment information was also corrected from ¥1,452 million to ¥1,449 million. Changes to figures such as net sales and operating profit in the income statement are not subject to this correction.

Key Products

Growth Drivers

• Sustained increase in average wedding unit price (achieved ¥4,159 thousand through successful promotion of high-value-added products)
• Expansion of the Consulting Business (1,988 cases handled, exceeding previous years' levels, with new partnerships such as with Mitsubishi Estate and Rihga Royal)
• Capture of inbound demand (number of foreign visitors to Japan up 15.8% year-on-year, TRUNK(HOTEL) maintaining high occupancy)
• Entry into new markets in Casual Wedding and Inbound Wedding (opening of UNWEDDING Nakanoshima, partnership with EGL Tours)
• Expansion of store network through M&A (business transfer of two stores in Nagoya)
• Increasing trend in inquiries through renewed advertising investment

Risks

• Medium-to-long-term declining trend in the number of marriages (has not recovered to the approximately 600,000-couple level seen before the COVID-19 pandemic in 2019)
• Decrease in the number of weddings held due to the effects of consolidation and closure of directly-managed stores (6,994 couples in the current period)
• Risk of diminishing returns on advertising investment (previously led to a decrease in inquiries and orders in the prior period)
• Cost increase pressure from rising labor costs, food ingredient prices, and energy prices
• Impairment risk related to fixed assets such as wedding facilities (impairment loss of ¥1,219 million recorded in the current period)
• Accuracy of accounting treatment in the financial closing process (multiple corrections to financial results occurred in connection with reviews of gain/loss on sale of fixed assets and impairment losses)
• Investment recovery risk and opening delay risk associated with hotel development investment