Results for this period
Third quarter1 September 2025 to 31 May 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.
The closure of 14 unprofitable stores reduced the number of stores from 71 to 57, resulting in lower net sales. However, profitability improved due to a shift in the product mix toward jewelry and bullion products, higher gold prices, expanded sales of vintage products, the impact of store closures and lower personnel expenses.
A description of significant events and conditions is included. The company recognizes circumstances that raise significant doubt due to the continued recording of operating losses and other losses and changes to the repayment terms of borrowings, but has determined that no material uncertainty exists regarding the going concern assumption. There are no matters requiring disclosure in the notes themselves.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025 to 31 May 2026 |
| Net Sales | ¥6,332 million (YoY -5.6%) |
| Operating profit | ¥-114 million |
| Ordinary income | ¥-144 million |
| Profit attributable to owners of the parent | ¥-158 million |
| Net income per share | -¥54.91 |
| Equity ratio | End of the current fiscal period 5.3 / End of previous period 2.7 |
| Total assets | ¥5,937 million |
| Net assets | ¥356 million |
| 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 | ¥51,704 thousand |
| Impairment loss | ¥6,495 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of investment securities / Amount ¥60 thousand, Item Reversal of provision for store closure losses / Amount ¥4,800 thousand, Item Penalty income / Amount ¥5,180 thousand / Extraordinary loss Item Impairment Losses / Amount ¥6,495 thousand, Item Loss on redemption of bonds / Amount ¥6,479 thousand, Item Loss on closure of stores / Amount ¥803 thousand |
| Disclosure regarding the going concern assumption | A description of significant events and conditions is included. The company recognizes circumstances that raise significant doubt due to the continued recording of operating losses and other losses and changes to the repayment terms of borrowings, but has determined that no material uncertainty exists regarding the going concern assumption. There are no matters requiring disclosure in the notes themselves. |
| 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 0 / Company name None |
| Material subsequent events | On 25 June 2026, the company issued 6,000 of the 14th series of stock acquisition rights and ¥150 million of the second series of unsecured ordinary bonds through a third-party allotment. In addition, 2,500 stock acquisition rights were exercised between the same date and 15 July, and 250,000 common shares were issued. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 3,191,600 |
| Treasury Shares at Period-End | 47,622 |
| Factors Behind Changes in Business Performance | The closure of 14 unprofitable stores reduced the number of stores from 71 to 57, resulting in lower net sales. However, profitability improved due to a shift in the product mix toward jewelry and bullion products, higher gold prices, expanded sales of vintage products, the impact of store closures and lower personnel expenses. |
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.Net sales declined as the number of stores fell from 71 in the previous fiscal year to 57 following the closure of unprofitable stores. However, profitability improved due to a shift toward jewelry and bullion products, higher gold prices, expanded sales of vintage products, the impact of store closures in the previous fiscal year and lower personnel expenses.