Results for this period
First quarter1 January 2026–31 March 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 Apparel Business reported lower sales and earnings due to soaring wool prices, inventory adjustments in school apparel, and weak performance in made-to-order and additional orders and advance sales. The Interior and Industrial Materials Business benefited from the recovery in automobile production and strong performance in certain products, which contributed to higher sales, while higher raw material prices reduced earnings. In the Electronics Business, orders for the United States declined due to U.S. tariff policies and country risk. In the Real Estate Business, some tenants withdrew. The Other Business reported higher sales and earnings due to increased sales of healthcare products and other factors. Profit attributable to owners of the parent improved due to the ¥177 million gain on the sale of investment securities.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥4,164 million (YoY -4.6%) |
| Operating profit | ¥167 million (YoY -19.9%) |
| Ordinary income | ¥183 million (YoY -4.0%) |
| Profit attributable to owners of the parent | ¥235 million |
| Net income per share | ¥26.67 |
| Equity ratio | End of the current fiscal period 41.3 / End of previous period 40.7 |
| Total assets | ¥34,334 million |
| Net assets | ¥14,173 million |
| Full-year earnings forecast | Net Sales ¥18,500 million (YoY +5.9%) / Operating profit ¥800 million (YoY +40.3%) / Ordinary income ¥720 million (YoY -1.5%) / Profit attributable to owners of the parent ¥520 million (YoY -20.8%) |
| Annual Dividend Forecast | ¥14 → ¥15 |
| Segment revenue | Apparel Business ¥1,292 million (YoY -15.0%), Interior Industrial Materials Business ¥1,741 million (YoY -3.3%), Electronics Business ¥286 million (YoY -4.0%), Fine Chemicals Business ¥336 million (YoY +4.5%), Real Estate Business ¥220 million (YoY -2.0%), Other ¥287 million (YoY +43.6%) |
| Segment profit | Apparel Business ¥32 million (YoY -65.6%), Interior Industrial Materials Business ¥88 million (YoY +67.1%), Electronics Business ¥-4 million, Fine Chemicals Business ¥12 million (YoY -22.7%), Real Estate Business ¥127 million (YoY -5.3%), Other ¥4 million |
| Depreciation and amortization | ¥94 million |
| Impairment loss | Not applicable (impairment losses on fixed assets by reporting segment) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million, Gain on sale of investment securities ¥177 million / Extraordinary loss Loss on disposal of fixed assets ¥0 million, Loss on reduction of fixed assets ¥1 million, Losses from natural disasters ¥0 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 | Newly consolidated: 0 companies; excluded from consolidation: 0 companies (material changes to the scope of consolidation during the period: None) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 8,940,448 |
| Treasury Shares at Period-End | 113,031 |
| Factors Behind Changes in Business Performance | The Apparel Business reported lower sales and earnings due to soaring wool prices, inventory adjustments in school apparel, and weak performance in made-to-order and additional orders and advance sales. The Interior and Industrial Materials Business benefited from the recovery in automobile production and strong performance in certain products, which contributed to higher sales, while higher raw material prices reduced earnings. In the Electronics Business, orders for the United States declined due to U.S. tariff policies and country risk. In the Real Estate Business, some tenants withdrew. The Other Business reported higher sales and earnings due to increased sales of healthcare products and other factors. Profit attributable to owners of the parent improved due to the ¥177 million gain on the sale of investment securities. |
Items this document does not state (11)
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 Apparel Business reported lower sales and earnings due to soaring wool prices, inventory adjustments in school apparel, and weak performance in made-to-order and additional orders and advance sales. In the Interior and Industrial Materials Business, higher raw material prices reduced earnings. In the Electronics Business, orders for the United States declined due to U.S. tariff policies and country risk, while the Real Estate Business was affected by tenant withdrawals. The improvement in net income was attributable to the ¥177 million gain on the sale of investment securities.