Results for this period
Interim period (second quarter)1 March 2026 to 31 August 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Unstable weather, defensive consumer spending and selective consumption driven by higher prices, larger inventory valuation losses on products from the core shopping-center brands, rising costs across the supply chain, delays in e-commerce shipments caused by initial problems with the new system, and higher selling, general and administrative expenses in the US business.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥23,469 million (YoY -5.4%) |
| Operating profit | ¥-904 million |
| Ordinary income | ¥-1,028 million |
| Profit attributable to owners of the parent | ¥-1,495 million |
| Net income per share | -¥41.47 |
| Equity ratio | End of the current fiscal period 40.8 / End of previous period 45.1 |
| Total assets | ¥29,421 million |
| Net assets | ¥12,000 million |
| Cash flows from operating activities | ¥-772 million |
| Cash flows from investing activities | ¥-420 million |
| Cash flows from financing activities | ¥-2,407 million |
| Cash and cash equivalents at end of period | ¥7,854 million |
| Full-year earnings forecast | Net Sales ¥50,832 million (YoY -1.3%) / Operating profit ¥111 million (YoY -65.4%) / Ordinary income ¥-39 million / Profit attributable to owners of parent ¥-696 million |
| Revision to Earnings Forecast | Not disclosed → Net Sales ¥50,832 million (YoY -1.3%) / Operating profit ¥111 million (YoY -65.4%) / Ordinary income ¥-39 million / Net income ¥-696 million |
| Annual Dividend Forecast | ¥38 → ¥38（0.0%） |
| Depreciation and amortization | ¥458 million |
| Impairment loss | ¥765 million |
| Breakdown of extraordinary income (loss) | Extraordinary income None during the interim period / Extraordinary loss Impairment Losses ¥765 million |
| 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 Yes / Restatement No |
| Changes in the scope of consolidation | Added 0 companies; removed 0 companies. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 36,676,300 |
| Treasury Shares at Period-End | 511,200 |
| Factors Behind Changes in Business Performance | Unstable weather, defensive consumer spending and selective consumption driven by higher prices, larger inventory valuation losses on products from the core shopping-center brands, rising costs across the supply chain, delays in e-commerce shipments caused by initial problems with the new system, and higher selling, general and administrative expenses in the US business. |
Items this document does not state (8)
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 apparel weakened amid unstable weather and selective consumer spending driven by higher prices. In Japan, the factors included larger inventory valuation losses on products from the core shopping-center brands, rising costs across the supply chain and delays in e-commerce shipments caused by initial problems with the new system. In the US business, selling, general and administrative expenses increased. The full-year forecast was revised in light of recent earnings trends.