Results for this period
Third quarter1 January 2026–30 September 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 posted lower revenue and profit due to weak orders, inventory adjustments in school apparel, fewer custom-order projects, lower procurement volumes and fewer additional orders, as well as higher wool prices. The Interior and Industrial Materials Business posted higher revenue and profit due to the recovery in automobile production, strong orders, higher sales volumes and the pass-through of higher costs. The Electronics Business posted higher revenue on strong sales, but its operating loss increased as the sales mix shifted toward products with low gross margins. The Fine Chemicals Business posted lower revenue and profit due to difficulties procuring raw materials, higher raw material prices and equipment problems at a customer. The Real Estate Business posted lower revenue and profit due to tenant withdrawals.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 September 2026 |
| Net Sales | 13,044 Millions of yen (YoY +0.7%) |
| Operating profit | 438 Millions of yen (YoY -12.9%) |
| Ordinary income | 536 Millions of yen (YoY -10.4%) |
| Profit attributable to owners of the parent | 593 Millions of yen (YoY +69.7%) |
| Net income per share | ¥67.53 |
| Equity ratio | End of the current fiscal period 42.9 / End of previous period 40.7 |
| Total assets | 34,523 Millions of yen |
| Net assets | 14,804 Millions of yen |
| Full-year earnings forecast | Net Sales 18,500 Millions of yen (YoY +5.9%) / Operating profit 800 Millions of yen (YoY +40.3%) / Ordinary income 720 Millions of yen (YoY -1.5%) / Net income 520 Millions of yen (YoY -20.8%) |
| Annual Dividend Forecast | 14 Yen → 15 Yen(+7.1%) |
| Segment revenue | Apparel Business 4,219 Millions of yen (YoY -6.1%) / Interior Industrial Materials Business 5,385 Millions of yen (YoY +0.7%) / Electronics Business 956 Millions of yen (YoY +24.3%) / Fine Chemicals Business 1,103 Millions of yen (YoY -1.0%) / Real Estate Business 659 Millions of yen (YoY -1.5%) / Other 719 Millions of yen (YoY +28.7%) |
| Segment profit | Apparel Business 97 Millions of yen (YoY -64.2%) / Interior Industrial Materials Business 288 Millions of yen (YoY +167.3%) / Electronics Business -17 Millions of yen / Fine Chemicals Business 46 Millions of yen (YoY -51.2%) / Real Estate Business 374 Millions of yen (YoY -2.8%) / Other -57 Millions of yen |
| Depreciation and amortization | 301 Millions of yen |
| Impairment loss | No material impairment loss |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 0 / Gain on sale of investment securities 410 / Total 411 / Extraordinary loss Loss on disposal of fixed assets 27 / Loss on reduction of property, plant and equipment 1 / Losses from natural disasters 8 / Loss on valuation of golf membership rights 0 / Loss on liquidation of an affiliated company 0 / Total 37 |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New Not disclosed / Excluded Not disclosed / Company name Not disclosed / Notes Significant changes in the scope of consolidation during the cumulative consolidated third-quarter period: No |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | Whether applicable None / Subject person Not disclosed |
| Issued Shares at Period-End | 8,940,448 |
| Treasury Shares at Period-End | 214,373 |
| Factors Behind Changes in Business Performance | The Apparel Business posted lower revenue and profit due to weak orders, inventory adjustments in school apparel, fewer custom-order projects, lower procurement volumes and fewer additional orders, as well as higher wool prices. The Interior and Industrial Materials Business posted higher revenue and profit due to the recovery in automobile production, strong orders, higher sales volumes and the pass-through of higher costs. The Electronics Business posted higher revenue on strong sales, but its operating loss increased as the sales mix shifted toward products with low gross margins. The Fine Chemicals Business posted lower revenue and profit due to difficulties procuring raw materials, higher raw material prices and equipment problems at a customer. The Real Estate Business posted lower revenue and profit due to tenant withdrawals. |
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 posted lower revenue and profit due to weak orders and higher wool prices, while the Interior and Industrial Materials Business posted higher revenue and profit, driven by the recovery in automobile production, strong orders and the pass-through of higher costs. The Electronics Business reported a larger operating loss as the sales mix shifted toward products with low gross margins. Net income included a ¥411 million gain on the sale of investment securities.