Results for this period
First quarter21 February 2026 to 20 May 2026Non-consolidated (standalone)Japanese 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.
Stronger consumer thrift, longer replacement cycles as customers shift toward higher-priced, higher-function products such as electrically assisted bicycles, and sluggish demand for new bicycle replacements amid high prices. Consumers increasingly tend to use a single bicycle for longer while having it repaired and maintained.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 21 February 2026 to 20 May 2026 |
| Net Sales | ¥27,786 million (YoY +2.5%) |
| Operating profit | ¥3,097 million (YoY -5.3%) |
| Ordinary income | ¥3,138 million (YoY -7.8%) |
| Profit attributable to owners of the parent | ¥2,140 million (YoY -8.4%) |
| Net income per share | ¥82.18 |
| Equity ratio | End of the current fiscal period 71.2 / End of previous period 71.6 |
| Total assets | ¥58,500 million |
| Net assets | ¥41,669 million |
| Full-year earnings forecast | Net Sales ¥86,278 million (YoY +6.0%) / Operating profit ¥4,300 million (YoY +9.2%) / Ordinary income ¥4,440 million (YoY +6.5%) / Net income ¥2,730 million (YoY +20.3%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Depreciation and amortization | ¥448,275 thousand |
| Impairment loss | ¥1,455 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on disposal and sale of non-current assets ¥1,656 thousand, Impairment Losses ¥1,455 thousand, Losses from natural disasters ¥314 thousand |
| 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 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 26,240,800 |
| Treasury Shares at Period-End | 198,881 |
| Factors Behind Changes in Business Performance | Stronger consumer thrift, longer replacement cycles as customers shift toward higher-priced, higher-function products such as electrically assisted bicycles, and sluggish demand for new bicycle replacements amid high prices. Consumers increasingly tend to use a single bicycle for longer while having it repaired and maintained. |
Items this document does not state (13)
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 company cited consumers' increased tendency to economize due to prolonged inflation, longer bicycle replacement cycles, and sluggish demand for new bicycle replacements amid high prices. At the same time, it worked to deepen its OMO platform, strengthen CRM, and expand into adjacent business areas.