Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
27.9
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales25,298¥ millionYear on year +27.9%Progress 45.4%
Operating profit627¥ millionYear on year -0.2%Progress 41.8%
Ordinary income491¥ millionYear on year -4.0%Progress 54.6%
Net income attributable to owners of the parent289¥ millionYear on year -16.1%Progress 48.2%
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¥22.80
Financial position at period-end
Total assets94,072¥ million
of which net assets 36,620 ¥ millionEquity ratio 38.9%vs. prior year-end +0.4pt
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.
Cash inflows and outflows
Operating+1,222
Investment-1,029
Financials+22
Net change+215
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.
Cash and cash equivalents at end of period¥6,602 million
Segment revenue
Textiles14,77858.1%+51.4%
Industrial Materials3,79414.9%+2.5%
Functional Materials3,93015.5%+11.9%
Real Estate and Services2,91711.5%-3.4%
Segment profit
Textiles16111.9%-34.3%
Industrial Materials675.0%-0.4%
Functional Materials18113.4%
Real Estate and Services94469.8%-4.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥55,700 million (YoY +25.0%)
Operating profit¥1,500 million (YoY +53.9%)
Ordinary income¥900 million (YoY +36.7%)
Net income¥600 million (YoY -36.9%)
Annual Dividend Forecast¥50 → ¥50（0.0%）
Factors Behind Changes in Business Performance
The Textiles segment reported higher revenue due to contributions from the businesses acquired from the Unitika Group. On a company-wide basis, labor costs and raw material and fuel costs increased, and results were affected by foreign exchange losses and other factors.
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 consolidationNew 0 / Excluded 2 / Excluded Company Name 株式会社マーメイド広海, 敷紡貿易(上海)有限公司
Impairment lossNone (no applicable items in segment information)
Breakdown of extraordinary income (loss)Extraordinary income: None; extraordinary losses: None
Depreciation and amortization¥1,150 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (a recorded earnings presentation video is scheduled to be made available; eligible audience: Not disclosed)
Issued Shares at Period-End12,810,829
Treasury Shares at Period-End94,765
| 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 | ¥25,298 million (YoY +27.9%) |
| Operating profit | ¥627 million (YoY -0.2%) |
| Ordinary income | ¥491 million (YoY -4.0%) |
| Profit attributable to owners of the parent | ¥289 million (YoY -16.1%) |
| Net income per share | ¥22.80 |
| Equity ratio | End of the current fiscal period 38.9 / End of previous period 38.5 |
| Total assets | ¥94,072 million |
| Net assets | ¥36,620 million |
| Cash flows from operating activities | ¥1,222 million |
| Cash flows from investing activities | ¥-1,029 million |
| Cash flows from financing activities | ¥22 million |
| Cash and cash equivalents at end of period | ¥6,602 million |
| Full-year earnings forecast | Net Sales ¥55,700 million (YoY +25.0%) / Operating profit ¥1,500 million (YoY +53.9%) / Ordinary income ¥900 million (YoY +36.7%) / Net income ¥600 million (YoY -36.9%) |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Segment revenue | Segment Textiles / Net Sales ¥14,778 million / Year on year against the same period last year ¥51.4 million, Segment Industrial Materials / Net Sales ¥3,794 million / Year on year against the same period last year ¥2.5 million, Segment Functional Materials / Net Sales ¥3,930 million / Year on year against the same period last year ¥11.9 million, Segment Real Estate and Services / Net Sales ¥2,917 million / Year on year against the same period last year ¥-3.4 million |
| Segment profit | Segment Textiles / Segment profit ¥161 million / Year on year against the same period last year ¥-34.3 million, Segment Industrial Materials / Segment profit ¥67 million / Year on year against the same period last year ¥-0.4 million, Segment Functional Materials / Segment profit ¥181 million / Year on year against the same period last year Not disclosed, Segment Real Estate and Services / Segment profit ¥944 million / Year on year against the same period last year ¥-4 million |
| Depreciation and amortization | ¥1,150 million |
| Impairment loss | None (no applicable items in segment information) |
| Breakdown of extraordinary income (loss) | Extraordinary income: None; extraordinary losses: None |
| 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 / Excluded 2 / Excluded Company Name 株式会社マーメイド広海, 敷紡貿易(上海)有限公司 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (a recorded earnings presentation video is scheduled to be made available; eligible audience: Not disclosed) |
| Issued Shares at Period-End | 12,810,829 |
| Treasury Shares at Period-End | 94,765 |
| Factors Behind Changes in Business Performance | The Textiles segment reported higher revenue due to contributions from the businesses acquired from the Unitika Group. On a company-wide basis, labor costs and raw material and fuel costs increased, and results were affected by foreign exchange losses and other factors. |
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.Revenue increased due to contributions from the businesses acquired from the Unitika Group. Operating profit was affected by higher labor costs and raw material and fuel costs, while ordinary profit and interim net income attributable to owners of the parent were affected by foreign exchange losses and other factors.
How to read this page
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