Results for this period
Interim period (second quarter)21 February 2026–20 August 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Demand for new bicycle replacements remained sluggish due to increased household costs from rising prices, consumers' preference for frugality, longer bicycle replacement cycles, and weaker consumer appetite for spending amid higher prices. At the same time, the company worked to address demand for repairs and maintenance, strengthen its OMO platform and CRM, and expand its purchasing functions and systems for commercializing reused products.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 21 February 2026–20 August 2026 |
| Net Sales | ¥46,230 million (YoY +0.7%) |
| Operating profit | ¥3,231 million (YoY -14.0%) |
| Ordinary income | ¥3,327 million (YoY -15.2%) |
| Profit attributable to owners of the parent | ¥2,193 million (YoY -16.6%) |
| Net income per share | ¥84.22 |
| Equity ratio | End of the current fiscal period 73.5 / End of previous period 71.6 |
| Total assets | ¥56,634 million |
| Net assets | ¥41,644 million |
| Cash flows from operating activities | ¥4,599,429 thousand |
| Cash flows from investing activities | ¥-942,708 thousand |
| Cash flows from financing activities | ¥-655,687 thousand |
| Cash and cash equivalents at end of period | ¥15,271,009 thousand |
| 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 | Net Sales ¥86,278 million → ¥86,278 million（0.0%） / Operating profit ¥4,300 million → ¥4,300 million（0.0%） / Ordinary income ¥4,440 million → ¥4,440 million（0.0%） / Net income ¥2,730 million → ¥2,730 million（0.0%） |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Depreciation and amortization | ¥908,541 thousand |
| Impairment loss | ¥39,597 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income No recognition / Extraordinary loss Loss on disposal and sale of non-current assets ¥6,615 thousand, Impairment Losses ¥39,597 thousand, Losses from natural disasters ¥837 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 Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 26,240,800 |
| Treasury Shares at Period-End | 197,449 |
| Factors Behind Changes in Business Performance | Demand for new bicycle replacements remained sluggish due to increased household costs from rising prices, consumers' preference for frugality, longer bicycle replacement cycles, and weaker consumer appetite for spending amid higher prices. At the same time, the company worked to address demand for repairs and maintenance, strengthen its OMO platform and CRM, and expand its purchasing functions and systems for commercializing reused products. |
Items this document does not state (9)
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.Demand for new bicycle replacements remained sluggish against a backdrop of increased household costs due to rising prices, consumers' preference for frugality, longer bicycle replacement cycles, and weaker consumer appetite for spending amid higher prices. At the same time, the company worked to address demand for repairs and maintenance, strengthen its OMO platform and CRM, and expand its systems for purchasing and commercializing reused products.