The Japanese economy during the 3Q cumulative period (from November 1, 2024 to July 31, 2025) continued on a moderate recovery trend as it remained at a high level, despite some downward trend in corporate earnings. Private consumption has also been resilient against the background of improvement in the employment and income situation, despite the impact of rising prices. On the other hand, overseas economies are subject to a high degree of geopolitical risk in Ukraine and the Middle East, in addition to uncertainty in trade policies, and there are concerns about the impact on the external demand environment. As a result, the outlook remains uncertain.
In the wedding industry, there were 480000 weddings in 2024 (Ministry of Health, Labour and Welfare, 2024 Vital Statistics Monthly Annual Total)(Overview of approximate figures) increased by approximately 10000 pairs from the previous year. The number of weddings and wedding ceremonies remained steady and the guest house and wedding market was generally firm, although the structural issue of the decline in the marrying age population still remains.
Under these circumstances, with the diversification of values for weddings spreading, our Group has strengthened our ability to collect and analyze information through internal and external training and our proprietary sales support system with the aim of improving the human resources and customer service of our staff, and has actively engaged in various measures. In addition, the Group established a specialized department to promote the branding of weddings and worked to increase the value of weddings, as well as attract customers and increase orders and increase sales.
As a result of the above, in the first 3 quarters under review, net sales were 15.861 billion yen (down 4.1% year on year), operating income was 717 million yen (down 53.0% year on year), ordinary income was 753 million yen (down 51.4% year on year), and interim net income attributable to owners of parent was 437 million yen (down 56.2% year on year).
A fundamental management objective at IKK is for our corporation to become indispensable to local communities through the contributions we make to society with our style of corporate management based on our management philosophy, “To touch our customers' hearts!” We are also aware that strengthening the growth potential and excellence of our company while increasing corporate value and longevity are among the challenges we face as management.
At IKK, we take seriously our mission and responsibility as a public institution of society and are determined to be a leading company in the wedding industry as we continue to share and test our corporate philosophy. Toward that end, we ask our shareholders and investors for their continued guidance and encouragement.
September. 11, 2025