Results for this period
Third quarter1 September 2025 to 31 May 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.
The apparel business increased revenue as a result of strengthened sales activities, but profit declined because higher labor and raw material costs could not be fully absorbed through sales price revisions. The leasing and warehousing business increased profit through continued tenant use and the conversion to LED lighting, among other measures. The hotel business increased revenue as demand for accommodation recovered, but its operating loss widened due to higher labor and food costs and limited pass-through to prices.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 September 2025 to 31 May 2026 |
| Net Sales | 1,752 million yen (YoY +1.1%) |
| Operating profit | 408 million yen (YoY -0.1%) |
| Ordinary income | 408 million yen (YoY 0.0%) |
| Profit attributable to owners of the parent | 266 million yen (YoY +0.2%) |
| Net income per share | ¥124.84 |
| Equity ratio | End of the current fiscal period 74.9 / End of previous period 71.4 |
| Total assets | 7,896 million yen |
| Net assets | 5,915 million yen |
| Full-year earnings forecast | Net Sales 2,233 million yen (YoY -2.5%) / Operating profit 432 million yen (YoY -16.1%) / Ordinary income 431 million yen (YoY -16.1%) / Net income 279 million yen (YoY -17.5%) |
| Revision to Earnings Forecast | Net Sales 2,233 million yen → 2,233 million yen（0.0%） / Operating profit 432 million yen → 432 million yen（0.0%） / Ordinary income 431 million yen → 431 million yen（0.0%） / Net income 279 million yen → 279 million yen（0.0%） |
| Annual Dividend Forecast | 50 yen → 50 yen（0.0%） |
| Segment revenue | Apparel business 427,942 thousand yen (YoY +0.5%), Leasing and warehousing business 1,048,549 thousand yen (YoY +0.6%), Hotel Business 275,813 thousand yen (YoY +4.3%) |
| Segment profit | Apparel business 4,920 thousand yen (YoY -27.2%), Leasing and warehousing business 442,404 thousand yen (YoY +1.8%), Hotel Business -38,586 thousand yen |
| Depreciation and amortization | 228,291 thousand yen |
| 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 |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 2,901,000 shares |
| Treasury Shares at Period-End | 768,260 treasury shares |
| Factors Behind Changes in Business Performance | The apparel business increased revenue as a result of strengthened sales activities, but profit declined because higher labor and raw material costs could not be fully absorbed through sales price revisions. The leasing and warehousing business increased profit through continued tenant use and the conversion to LED lighting, among other measures. The hotel business increased revenue as demand for accommodation recovered, but its operating loss widened due to higher labor and food costs and limited pass-through to prices. |
Items this document does not state (12)
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 apparel business, net sales increased as a result of strengthened sales activities, but profit declined because higher labor costs following the increase in the minimum wage and rising raw material prices could not be fully absorbed through sales price revisions. The leasing and warehousing business increased revenue through continued tenant use and improvements in the value added by its facilities. The hotel business also increased revenue as demand for accommodation recovered, but its operating loss widened due to higher labor and food costs and limited pass-through to prices.