Results for this period
First quarter1 December 2025 to 28 February 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.
In the motorcycle business, revenue increased and gross profit increased due to higher unit sales and a rise in the average vehicle selling price. The high level of auction prices and the securing of high-quality vehicles for purchase contributed to the increase in the average vehicle selling price, while the number of vehicles purchased was slightly below the same period of the previous year due to a temporary decline in the purchase closing rate.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025 to 28 February 2026 |
| Net Sales | ¥8,983 million (YoY +12.7%) |
| Operating profit | ¥-161 million |
| Ordinary income | ¥-82 million |
| Profit attributable to owners of the parent | ¥-12 million |
| Net income per share | -¥0.88 |
| Equity ratio | End of the current fiscal period 53.8 / End of previous period 53.8 |
| Total assets | ¥12,967 million |
| Net assets | ¥6,971 million |
| Full-year earnings forecast | Net Sales ¥38,700 million (YoY +0.3%) / Operating profit ¥710 million (YoY +21.2%) / Ordinary income ¥910 million (YoY +9.7%) / Net income ¥570 million (YoY +74.2%) |
| Revision to Earnings Forecast | Net Sales ¥38,700 million → ¥38,700 million（0.0%） / Operating profit ¥710 million → ¥710 million（0.0%） / Ordinary income ¥910 million → ¥910 million（0.0%） / Net income ¥570 million → ¥570 million（0.0%） |
| Annual Dividend Forecast | ¥11 → ¥11（0.0%） |
| Depreciation and amortization | ¥91,636 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Damages received ¥80,000 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥302 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 0 companies (company name: -) / Excluded 0 companies (company name: -) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 15,315,600 |
| Treasury Shares at Period-End | 996,601 |
| Factors Behind Changes in Business Performance | In the motorcycle business, revenue increased and gross profit increased due to higher unit sales and a rise in the average vehicle selling price. The high level of auction prices and the securing of high-quality vehicles for purchase contributed to the increase in the average vehicle selling price, while the number of vehicles purchased was slightly below the same period of the previous year due to a temporary decline in the purchase closing rate. |
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 average vehicle selling price increased as auction prices remained high and the company secured more high-quality vehicles for purchase, while retail unit sales increased. On the other hand, the number of vehicles purchased was slightly below the same period of the previous year due to a temporary decline in the purchase closing rate.