Kintetsu Group's first-half profit jumps 34% as logistics offsets a weaker department-store and hotel business, and it raises its outlook

Kintetsu Group Holdings, owner of Abeno Harukas and operator of the department store inside it, grew first-half net profit 34% as its international logistics arm more than offset a weaker department-store business and a hotel segment hit by China's travel self-restraint.

The floortok desk · 4 min read · 13 November 2026

Editorial illustration of a tall glass skyscraper seen from street level, a department store's lit storefront at its base, and a cargo plane silhouette crossing the sky above. — Illustration by floortok.com

Kintetsu Group Holdings Co., Ltd. (近鉄グループホールディングス株式会社), owner of the Abeno Harukas tower in Osaka and operator of the Kintetsu Department Store inside it, reported operating revenue of ¥929.8bn for the six months to September 30, 2026, up 8.6% year on year, with operating profit up 10.1% to ¥46.4bn and net profit attributable to owners of parent up 34.1% to ¥31.8bn, according to its consolidated results. It raised its full-year forecast for revenue, operating profit and net profit.