Results for this period
Interim period (second quarter)1 October 2025–31 March 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.
The refrigerated warehousing business reported higher revenue and profit due to increased handling volumes against a backdrop of strong demand for refrigerated warehousing, increases in inbound, outbound and inventory volumes, and progress in negotiations to revise rates. The food sales business reported lower revenue, but profit margins improved substantially and profit increased as a result of reviewing low-margin transactions, reducing inventories through stricter inventory management, and improving inventory turnover and other metrics.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | ¥64,228 million (YoY +1.3%) |
| Operating profit | ¥4,106 million (YoY +35.0%) |
| Ordinary income | ¥4,304 million (YoY +65.3%) |
| Profit attributable to owners of the parent | ¥2,849 million (YoY +70.5%) |
| Net income per share | ¥48.24 |
| Equity ratio | End of the current fiscal period 39.6 / End of previous period 38.6 |
| Total assets | ¥216,950 million |
| Net assets | ¥87,765 million |
| Cash flows from operating activities | ¥9,724 million |
| Cash flows from investing activities | ¥-7,857 million |
| Cash flows from financing activities | ¥-2,057 million |
| Cash and cash equivalents at end of period | ¥3,143 million |
| Full-year earnings forecast | Net Sales ¥125,000 million (YoY -0.4%) / Operating profit ¥7,000 million (YoY +65.2%) / Ordinary income ¥6,400 million (YoY +74.9%) / Net income ¥4,800 million (YoY +142.6%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 125,000 / Operating profit 7,000 / Ordinary income 6,400 / Net income 4,800 |
| Annual Dividend Forecast | ¥24 → ¥27（+12.5%） |
| Segment revenue | Refrigerated warehousing business ¥20,359 million (YoY +10.3%), Food Retail Business ¥43,853 million (YoY -2.5%), Other ¥15 million |
| Segment profit | Refrigerated warehousing business ¥4,793 million (YoY +10.7%), Food Retail Business ¥1,450 million (YoY +107.3%), Other ¥25 million |
| Depreciation and amortization | ¥4,346 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥156 million / Extraordinary loss Not disclosed |
| 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 | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Yes (institutional investors and securities analysts) |
| Issued Shares at Period-End | 59,222,784 |
| Treasury Shares at Period-End | 73,626 |
| Factors Behind Changes in Business Performance | The refrigerated warehousing business reported higher revenue and profit due to increased handling volumes against a backdrop of strong demand for refrigerated warehousing, increases in inbound, outbound and inventory volumes, and progress in negotiations to revise rates. The food sales business reported lower revenue, but profit margins improved substantially and profit increased as a result of reviewing low-margin transactions, reducing inventories through stricter inventory management, and improving inventory turnover and other metrics. |
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.In the refrigerated warehousing business, handling volumes increased against a backdrop of strong demand, and negotiations to revise rates also progressed. In the food sales business, profit margins improved substantially through the review of low-margin transactions, inventory reduction and improved inventory turnover, although revenue declined.