Results for this period
Interim period (second quarter)1 April 2026 to 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.
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.
In the food-service industry, revenue grew on inbound tourism, price revisions, and limited-edition products and discount campaigns, while higher raw-material and utility costs, consumers' preference for saving, and labour shortages created a challenging profit environment. In the store subleasing business, the company actively sourced properties, established a new leasing function for non-food-service stores, and set up a property management division. In the real estate trading business, it separated the sourcing and sale of properties.
Not applicable (no notes on going concern)
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥10,654 million (YoY +13.3%) |
| Operating profit | ¥953 million (YoY -4.5%) |
| Ordinary income | ¥1,001 million (YoY -7.0%) |
| Profit attributable to owners of the parent | ¥641 million (YoY -9.8%) |
| Net income per share | ¥38.17 |
| Equity ratio | End of the current fiscal period 26.8% / End of previous period 26.5% |
| Total assets | ¥18,695 million |
| Net assets | ¥5,028 million |
| Cash flows from operating activities | ¥-2,048,387 thousand |
| Cash flows from investing activities | ¥-12,730 thousand |
| Cash flows from financing activities | ¥918,413 thousand |
| Cash and cash equivalents at end of period | ¥4,648,216 thousand |
| Full-year earnings forecast | Net Sales ¥22,775 million (YoY +13.8%) / Operating profit ¥1,953 million (YoY -4.3%) / Ordinary income ¥1,986 million (YoY -12.3%) / Net income ¥1,276 million (YoY -5.9%) |
| Annual Dividend Forecast | 34 Yen → 34 Yen（0.0%） |
| Segment revenue | Premises Subleasing Business ¥9,958,248 thousand (YoY +16.0%), Real Estate Sales Business ¥696,273 thousand (YoY -15.6%) |
| Segment profit | Premises Subleasing Business ¥910,926 thousand (YoY +24.1%), Real Estate Sales Business ¥42,876 thousand (YoY -83.8%) |
| Depreciation and amortization | ¥21,482 thousand |
| Disclosure regarding the going concern assumption | Not applicable (no notes on going concern) |
| 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 | No material changes. The number and names of companies newly included in or excluded from consolidation are Not disclosed |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 17,674,400 shares |
| Treasury Shares at Period-End | 863,861 shares |
| Factors Behind Changes in Business Performance | In the food-service industry, revenue grew on inbound tourism, price revisions, and limited-edition products and discount campaigns, while higher raw-material and utility costs, consumers' preference for saving, and labour shortages created a challenging profit environment. In the store subleasing business, the company actively sourced properties, established a new leasing function for non-food-service stores, and set up a property management division. In the real estate trading business, it separated the sourcing and sale of properties. |
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.The company cited inbound tourism, price revisions, and demand stimulation through limited-edition products and discount campaigns as favourable sales conditions. At the same time, it said that higher raw-material and utility costs, consumers' preference for saving, and labour shortages weighed on profits. It also actively sourced well-located, small-scale and already-fitted-out properties, established a new leasing function for non-food-service stores, set up a property management division, and moved to separate the sourcing and sale of properties.