Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
2948
Millions of yen (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales127,675¥ millionYear on year +33.5%Progress 50.7%
Operating profit4,707¥ millionYear on year +167.6%Progress 43.6%
Ordinary income4,161¥ millionYear on year +211.6%Progress 43.0%
Net income attributable to owners of the parent2,439¥ millionYear on year +260.3%
The 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.
Net income per share¥222.01
Financial position at period-end
Total assets121,108¥ million
of which net assets 40,151 ¥ millionEquity ratio 32.7%vs. prior year-end -1.5pt
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.
Segment revenueBrand and Fashion business ¥124,685 million (YoY +34.1%), Tire and wheel business ¥2,976 million (YoY +13.4%), Real Estate Leasing Business ¥182 million (YoY +0.2%)
Segment profitBrand and Fashion business ¥4,575 million (YoY +201.9%), Tire and wheel business ¥42 million (YoY -31.1%), Real Estate Leasing Business ¥59 million (YoY -3.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥252,000 million (YoY +13.7%)
Operating profit¥10,800 million (YoY +16.3%)
Ordinary income¥9,680 million (YoY +13.7%)
Profit attributable to owners of the parent¥5,850 million (YoY +6.6%)
Annual Dividend Forecast106 Yen → 108 Yen（+1.9%）
Factors Behind Changes in Business Performance
Securing high-quality inventory through purchases from individuals, retail and corporate sales targeting domestic and overseas demand, rush demand ahead of price revisions by tire manufacturers, and sales of in-house designed wheels contributed to higher revenue, which drove profit growth.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationAdditions: 0 companies; removals: 0 companies (no significant changes)
Impairment loss¥51 million (the assets subject to the impairment loss are not specified)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥6 million / Extraordinary loss Loss on disposal of non-current assets ¥22 million, Loss on cancellation of lease agreements ¥7 million, Impairment loss ¥51 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End11,257,000
Treasury Shares at Period-End264,741
| 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 | ¥127,675 million (YoY +33.5%) |
| Operating profit | ¥4,707 million (YoY +167.6%) |
| Ordinary income | ¥4,161 million (YoY +211.6%) |
| Profit attributable to owners of the parent | ¥2,439 million (YoY +260.3%) |
| Net income per share | ¥222.01 |
| Equity ratio | End of the current fiscal period 32.7 / End of previous period 34.2 |
| Total assets | ¥121,108 million |
| Net assets | ¥40,151 million |
| Full-year earnings forecast | Net Sales ¥252,000 million (YoY +13.7%) / Operating profit ¥10,800 million (YoY +16.3%) / Ordinary income ¥9,680 million (YoY +13.7%) / Profit attributable to owners of the parent ¥5,850 million (YoY +6.6%) |
| Annual Dividend Forecast | 106 Yen → 108 Yen（+1.9%） |
| Segment revenue | Brand and Fashion business ¥124,685 million (YoY +34.1%), Tire and wheel business ¥2,976 million (YoY +13.4%), Real Estate Leasing Business ¥182 million (YoY +0.2%) |
| Segment profit | Brand and Fashion business ¥4,575 million (YoY +201.9%), Tire and wheel business ¥42 million (YoY -31.1%), Real Estate Leasing Business ¥59 million (YoY -3.4%) |
| Impairment loss | ¥51 million (the assets subject to the impairment loss are not specified) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥6 million / Extraordinary loss Loss on disposal of non-current assets ¥22 million, Loss on cancellation of lease agreements ¥7 million, Impairment loss ¥51 million |
| Disclosure regarding the going concern assumption | Not applicable |
| 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 | Additions: 0 companies; removals: 0 companies (no significant changes) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 11,257,000 |
| Treasury Shares at Period-End | 264,741 |
| Factors Behind Changes in Business Performance | Securing high-quality inventory through purchases from individuals, retail and corporate sales targeting domestic and overseas demand, rush demand ahead of price revisions by tire manufacturers, and sales of in-house designed wheels contributed to higher revenue, which drove profit growth. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial subsequent events
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.In the Brand and Fashion business, retail and corporate sales targeting domestic and overseas demand remained strong, starting with the securing of high-quality inventory through purchases from individuals. In the Tires and Wheels business, sales increased, helped by rush demand ahead of price revisions by tire manufacturers and sales of in-house designed wheels. Overall, higher revenue led to increased profits.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.