Revised forecast
Fiscal year ending September 2026 · Full yearPrevious forecast published 13 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Demand for smartphones and trading cards and other products in the Reuse Business expanded, and B2C collection in the Recycling Business performed well, while local government bidding schedules for the GIGA School Project were delayed. Ordinary profit and net income were affected by items including ¥231 million in costs for the 25th anniversary commemorative benefit program, ¥251 million in interest expenses for procurement and other activities related to the GIGA School Project, and ¥50 million in derivative valuation losses from forward transactions involving the company’s own share price. On a non-consolidated basis, management advisory fees and other income increased with the strong performance of group companies, while extraordinary losses and other items related to the liquidation of an overseas subsidiary were recorded.
Extraordinary losses related to the liquidation of an overseas subsidiary. Amount: not disclosed.
| Item | Details |
|---|---|
| Net Sales | ¥16,200 million → ¥15,232 million（-6.0%） |
| Operating profit | ¥1,700 million → ¥1,703 million（+0.2%） |
| Ordinary income | ¥1,700 million → ¥1,190 million（-30.0%） |
| Profit attributable to owners of the parent | ¥1,200 million → ¥827 million（-31.1%） |
| Net income per share | ¥82.17 / sen → ¥56.47 / sen（-31.3%） |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Consolidated: revenue ¥10,419 million, operating profit ¥308 million, ordinary profit ¥496 million, net income attributable to owners of the parent ¥497 million, net income per share ¥34.06. Non-consolidated: revenue ¥1,277 million, operating profit ¥494 million, ordinary profit ¥601 million, net income ¥863 million, net income per share ¥59.16. |
| Reason for the revision | Demand for smartphones and trading cards and other products in the Reuse Business expanded, and B2C collection in the Recycling Business performed well, while local government bidding schedules for the GIGA School Project were delayed. Ordinary profit and net income were affected by items including ¥231 million in costs for the 25th anniversary commemorative benefit program, ¥251 million in interest expenses for procurement and other activities related to the GIGA School Project, and ¥50 million in derivative valuation losses from forward transactions involving the company’s own share price. On a non-consolidated basis, management advisory fees and other income increased with the strong performance of group companies, while extraordinary losses and other items related to the liquidation of an overseas subsidiary were recorded. |
| Details and amount of extraordinary loss | Extraordinary losses related to the liquidation of an overseas subsidiary. Amount: not disclosed. |
| Consolidated / non-consolidated | Consolidated/non-consolidated |
Items this document does not state (1)
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.On a consolidated basis, demand for smartphones and trading cards and other products in the Reuse Business expanded, and B2C collection in the Recycling Business performed well, while local government bidding schedules for the GIGA School Project were delayed. Ordinary profit and net income fell short due to the recognition of expenses including ¥231 million in costs for the 25th anniversary commemorative benefit program, ¥251 million in interest expenses for procurement and other activities related to the GIGA School Project, and ¥50 million in derivative valuation losses from forward transactions involving the company’s own share price. On a non-consolidated basis, revenue, operating profit and ordinary profit increased due to higher management advisory fees and other income accompanying strong performance by group companies, while net income declined due to extraordinary losses and other items related to the liquidation of an overseas subsidiary.