Results for this period
Interim period (second quarter)1 September 2025–28 February 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.
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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The scale of sales declined as the number of stores fell following the closure of unprofitable stores, but earnings improved due to the shift in product offerings toward jewelry and bullion products, rising gold prices, expanded sales of vintage products, the effects of store closures, and control of selling, general and administrative expenses, particularly personnel expenses.
The Company recognizes that circumstances exist that raise significant doubt about the going concern assumption, but has determined that no material uncertainty regarding the going concern assumption exists. There are no applicable notes regarding the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–28 February 2026 |
| Net Sales | ¥4,387,503 thousand (YoY -7.2%) |
| Operating profit | ¥4,459 thousand |
| Ordinary income | ¥-16,885 thousand |
| Profit attributable to owners of the parent | ¥-36,076 thousand |
| Net income per share | -¥13.09 |
| Equity ratio | End of the current fiscal period 7.7 / End of previous period 2.7 |
| Total assets | ¥5,858,516 thousand |
| Net assets | ¥495,589 thousand |
| Cash flows from operating activities | ¥-89,091 thousand |
| Cash flows from investing activities | ¥-10,813 thousand |
| Cash flows from financing activities | ¥258,146 thousand |
| Cash and cash equivalents at end of period | ¥847,754 thousand |
| Full-year earnings forecast | Net Sales ¥8,481 million (YoY -4.1%) / Operating profit ¥30 million / Ordinary income ¥-13 million / Net income ¥-52 million |
| Annual Dividend Forecast | ¥7.5 → ¥0（-100.0%） |
| Depreciation and amortization | ¥35,180 thousand |
| Impairment loss | ¥6,495 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥60 thousand, Reversal of provision for store closure losses ¥4,800 thousand / Extraordinary loss Loss on disposal of fixed assets ¥0 thousand, Impairment Losses ¥6,495 thousand, Loss on redemption of bonds ¥6,479 thousand, Loss on closure of stores ¥803 thousand |
| Disclosure regarding the going concern assumption | The Company recognizes that circumstances exist that raise significant doubt about the going concern assumption, but has determined that no material uncertainty regarding the going concern assumption exists. There are no applicable notes regarding the going concern assumption. |
| 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 No / Excluded No / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 3,191,600 |
| Treasury Shares at Period-End | 47,172 |
| Factors Behind Changes in Business Performance | The scale of sales declined as the number of stores fell following the closure of unprofitable stores, but earnings improved due to the shift in product offerings toward jewelry and bullion products, rising gold prices, expanded sales of vintage products, the effects of store closures, and control of selling, general and administrative expenses, particularly personnel expenses. |
Items this document does not state (9)
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 number of stores declined from 74 at the end of the same period of the previous year to 58 as unprofitable stores were closed, reducing the scale of sales. Earnings nevertheless improved as the product mix shifted toward jewelry and bullion products, gold prices rose, sales of vintage products expanded, the effects of store closures in the previous fiscal year emerged, and selling, general and administrative expenses, particularly personnel expenses, were controlled.