Results for this period
Interim period (second quarter)1 March 2026 to 31 August 2026Non-consolidated (standalone)Japanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Improved profitability in the wholesale business and the benefits of collaboration with the PPIH Group made significant contributions. Cost-reduction measures, including improving production efficiency and reducing waste-related losses, were factors behind the change in the wholesale business, while investments in opening and refurbishing stores and rising costs were factors behind the change in the tenant business.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥44,353 million (YoY +3.4%) |
| Operating profit | ¥1,587 million (YoY +40.6%) |
| Ordinary income | ¥1,646 million (YoY +41.7%) |
| Profit attributable to owners of the parent | ¥925 million (YoY +34.8%) |
| Net income per share | ¥97.78 |
| Equity ratio | End of the current fiscal period 76.9 / End of previous period 77.9 |
| Total assets | ¥39,688 million |
| Net assets | ¥30,515 million |
| Cash flows from operating activities | ¥2,330,573 thousand |
| Cash flows from investing activities | ¥-2,862,595 thousand |
| Cash flows from financing activities | ¥-382,591 thousand |
| Cash and cash equivalents at end of period | ¥14,860,646 thousand |
| Full-year earnings forecast | Net Sales ¥92,000 million (YoY +6.1%) / Operating profit ¥3,260 million (YoY +18.2%) / Ordinary income ¥3,300 million (YoY +14.6%) / Net income ¥1,760 million (YoY -2.6%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥38 → ¥38（0.0%） |
| Segment revenue | Tenant business ¥24,281 million (YoY +4.1%), External sales business ¥20,071 million (YoY +2.5%) |
| Segment profit | Tenant business ¥1,218 million (YoY -6.7%), External sales business ¥368 million |
| Depreciation and amortization | ¥514,579 thousand |
| Impairment loss | ¥174,674 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income No / Extraordinary loss Loss on Disposal of Fixed Assets ¥8,825 thousand, Impairment Losses ¥174,674 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For securities analysts and institutional investors |
| Issued Shares at Period-End | 10,000,000 |
| Treasury Shares at Period-End | 582,945 |
| Factors Behind Changes in Business Performance | Improved profitability in the wholesale business and the benefits of collaboration with the PPIH Group made significant contributions. Cost-reduction measures, including improving production efficiency and reducing waste-related losses, were factors behind the change in the wholesale business, while investments in opening and refurbishing stores and rising costs were factors behind the change in the tenant business. |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Improved profitability in the wholesale business and the benefits of collaboration with the PPIH Group made significant contributions. In the wholesale business, the company pursued cost-reduction measures, including improving production efficiency and reducing waste-related losses, while the impact of higher raw material prices was less pronounced than in the previous period. In the tenant business, investments in opening and refurbishing stores, along with rising costs such as personnel expenses, contributed to the decline in profit.