Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
66.7
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 December 2025 to 31 August 2026ConsolidatedJapanese GAAPNet Sales600,422¥ millionYear on year +26.0%Progress 80.5%
Operating profit21,624¥ millionYear on year +66.7%Progress 78.3%
Ordinary income20,187¥ millionYear on year +62.7%Progress 79.2%
Net income attributable to owners of the parent13,845¥ millionYear on year +74.9%Progress 81.0%
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¥176.72
Financial position at period-end
Total assets261,872¥ million
of which net assets 89,862 ¥ millionEquity ratio 34.3%vs. prior year-end -0.6pt
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.
Regional salesRegion Hokkaido and Tohoku / Sales ¥71,776 million / Year on year against the same period last year ¥123.2 million, Region Kanto and Koshinetsu / Sales ¥171,270 million / Year on year against the same period last year ¥131.2 million, Region Tokai and Hokuriku / Sales ¥176,178 million / Year on year against the same period last year ¥122.1 million, Region Kansai / Sales ¥71,397 million / Year on year against the same period last year ¥124.1 million, Region Chugoku and Shikoku / Sales ¥38,228 million / Year on year against the same period last year ¥124 million, Region Kyushu and Okinawa / Sales ¥71,571 million / Year on year against the same period last year ¥129.6 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥746,000 million (YoY +14.4%)
Operating profit¥27,600 million (YoY +40.8%)
Ordinary income¥25,500 million (YoY +37.9%)
Net income¥17,100 million (YoY +33.5%)
Revision to Earnings ForecastNone
Annual Dividend Forecast¥45 → ¥50（+11.1%）
Factors Behind Changes in Business Performance
Domestic used-vehicle registrations totaled 4,572,517, or 100.8% of the level in the same period of the previous year, exceeding the previous-year level. The company opened 2 locations in the Kanto-Koshinetsu region and 1 location in the Kansai region, bringing the number of locations at the end of the period to 251 (367 stores).
Disclosure regarding the going concern assumption
No applicable matters.
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 Number of companies 4 / Company name 株式会社ｅｔｔ, 株式会社Ｓｈｉｎ, 株式会社フィオレンテ, 株式会社ｉｓｍ / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Impairment loss¥184 million
Breakdown of extraordinary income (loss)Impairment Losses ¥184 million
Depreciation and amortization¥5,288 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End80,905,100 shares
Treasury Shares at Period-End2,455,962 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025 to 31 August 2026 |
| Net Sales | ¥600,422 million (YoY +26.0%) |
| Operating profit | ¥21,624 million (YoY +66.7%) |
| Ordinary income | ¥20,187 million (YoY +62.7%) |
| Profit attributable to owners of the parent | ¥13,845 million (YoY +74.9%) |
| Net income per share | ¥176.72 |
| Equity ratio | End of the current fiscal period 34.3 / End of previous period 34.9 |
| Total assets | ¥261,872 million |
| Net assets | ¥89,862 million |
| Full-year earnings forecast | Net Sales ¥746,000 million (YoY +14.4%) / Operating profit ¥27,600 million (YoY +40.8%) / Ordinary income ¥25,500 million (YoY +37.9%) / Net income ¥17,100 million (YoY +33.5%) |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | ¥45 → ¥50（+11.1%） |
| Regional sales | Region Hokkaido and Tohoku / Sales ¥71,776 million / Year on year against the same period last year ¥123.2 million, Region Kanto and Koshinetsu / Sales ¥171,270 million / Year on year against the same period last year ¥131.2 million, Region Tokai and Hokuriku / Sales ¥176,178 million / Year on year against the same period last year ¥122.1 million, Region Kansai / Sales ¥71,397 million / Year on year against the same period last year ¥124.1 million, Region Chugoku and Shikoku / Sales ¥38,228 million / Year on year against the same period last year ¥124 million, Region Kyushu and Okinawa / Sales ¥71,571 million / Year on year against the same period last year ¥129.6 million |
| Depreciation and amortization | ¥5,288 million |
| Impairment loss | ¥184 million |
| Breakdown of extraordinary income (loss) | Impairment Losses ¥184 million |
| 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 |
| Changes in the scope of consolidation | New Number of companies 4 / Company name 株式会社ｅｔｔ, 株式会社Ｓｈｉｎ, 株式会社フィオレンテ, 株式会社ｉｓｍ / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 80,905,100 shares |
| Treasury Shares at Period-End | 2,455,962 shares |
| Factors Behind Changes in Business Performance | Domestic used-vehicle registrations totaled 4,572,517, or 100.8% of the level in the same period of the previous year, exceeding the previous-year level. The company opened 2 locations in the Kanto-Koshinetsu region and 1 location in the Kansai region, bringing the number of locations at the end of the period to 251 (367 stores). |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitOrders received and order backlog
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.Domestic used-vehicle registrations exceeded the level in the same period of the previous year, while the company continued opening locations in the Kanto-Koshinetsu and Kansai regions, bringing the number of locations at the end of the period to 251 (367 stores).
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.