Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue increased due to M&A, new consolidations, increased in-store share, and strong sales of exclusive and priority-distribution products. Profit declined due to increases in center fees, outsourced logistics fees, freight and warehousing fees, part-time personnel expenses and interest expenses, as well as delays in passing price increases for products through to customers.
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| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥521,652 million (YoY +3.6%) |
| Operating profit | ¥5,767 million (YoY -21.9%) |
| Ordinary income | ¥5,641 million (YoY -25.3%) |
| Profit attributable to owners of the parent | ¥3,715 million (YoY -26.3%) |
| Net income per share | ¥110.82 |
| Equity ratio | End of the current fiscal period 34.9 / End of previous period 35.4 |
| Total assets | ¥359,077 million |
| Net assets | ¥125,529 million |
| Cash flows from operating activities | ¥-14,076 million |
| Cash flows from investing activities | ¥-3,946 million |
| Cash flows from financing activities | ¥1,683 million |
| Cash and cash equivalents at end of period | ¥22,259 million |
| Full-year earnings forecast | Net Sales ¥1,030,000 million (YoY +2.5%) / Operating profit ¥11,000 million (YoY -16.7%) / Ordinary income ¥10,500 million (YoY -22.4%) / Net income ¥7,000 million (YoY -30.9%) |
| Annual Dividend Forecast | ¥112 → ¥112（0.0%） |
| Depreciation and amortization | ¥2,634 million |
| Breakdown of extraordinary income (loss) | Gain on sale of investment securities ¥33 million, Loss on disposal of fixed assets ¥2 million, Impairment losses on investment securities ¥0 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Name of newly included company Not disclosed / Excluded 0 / Excluded Company Name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (for institutional investors, analysts and financial institutions) |
| Issued Shares at Period-End | 36,057,424 |
| Treasury Shares at Period-End | 2,520,152 |
| Factors Behind Changes in Business Performance | Revenue increased due to M&A, new consolidations, increased in-store share, and strong sales of exclusive and priority-distribution products. Profit declined due to increases in center fees, outsourced logistics fees, freight and warehousing fees, part-time personnel expenses and interest expenses, as well as delays in passing price increases for products through to customers. |
Items this document does not state (10)
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.The main factors behind the increase in revenue were the new consolidation of msh株式会社 and 株式会社Polite, increased in-store share, and strong sales of exclusive and priority-distribution products. On the profit side, the results were affected by increases in center fees, outsourced logistics fees, freight and warehousing fees, part-time personnel expenses and interest expenses, as well as delays in passing price increases for products through to customers.