Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-42.8
Year-on-year change in net sales (%)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
First quarter1 January 2026 to 31 March 2026ConsolidatedJapanese GAAPNet Sales189¥ millionYear on year -42.8%
Operating profit-13¥ million
Ordinary income-37¥ million
Net income attributable to owners of the parent-14¥ million
The 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.
Net income per share-¥0.05
Financial position at period-end
Total assets5,949¥ million
of which net assets 3,780 ¥ millionEquity ratio 62.9%vs. prior year-end +5.1pt
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.
Segment revenueGreen Finance business (capital circulation) ¥25,023 thousand (YoY -70.9%), Green Recycling business (resource circulation) ¥99,540 thousand (YoY -12.4%), Green Energy business (power infrastructure) ¥65,087 thousand (YoY +596.1%), Green Digital business (creation of electricity value) ¥0 thousand, Environmental business (former) ¥0 thousand
Segment profitGreen Finance business (capital circulation) ¥-16,118 thousand, Green Recycling business (resource circulation) ¥83,041 thousand, Green Energy business (power infrastructure) ¥-29,516 thousand, Green Digital business (creation of electricity value) ¥0 thousand, Environmental business (former) ¥0 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net SalesTo be determined
Operating profitTo be determined
Ordinary incomeTo be determined
Net incomeTo be determined
Annual Dividend Forecast¥0.00 → ¥0.00（0.0）
Factors Behind Changes in Business Performance
The factors included the exclusion of アイレス株式会社 from consolidation, lower entrusted-service fee revenue in the Green Finance business, a review of the product mix toward high-value-added products and inventory reduction in the Green Recycling business, and upfront costs for launching new businesses and cost burdens from newly consolidated subsidiaries in the Green Energy business.
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 1 / Company name New Not disclosed / Excluded アイレス株式会社
Material subsequent eventsThe issuance of 18,000,000 shares through the partial exercise of the 21st Series Stock Acquisition Rights resulted in the largest shareholder, a major shareholder, changing from 株式会社MC to ORCHID PLUS PTE. LTD. In addition, all shares of EFI Solar 1 Co., Ltd., EFI Solar 2 Co., Ltd. and EFI Solar 3 Co., Ltd., which operate solar power generation businesses in South Korea, were acquired and the companies became consolidated subsidiaries.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of shares in an affiliated company ¥35,132 thousand / Extraordinary loss No applicable matters.
Depreciation and amortization¥69,487 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End305,356,980
Treasury Shares at Period-End8,080
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 31 March 2026 |
| Net Sales | ¥189 million (YoY -42.8%) |
| Operating profit | ¥-13 million |
| Ordinary income | ¥-37 million |
| Profit attributable to owners of the parent | ¥-14 million |
| Net income per share | -¥0.05 |
| Equity ratio | End of the current fiscal period 62.9 / End of previous period 57.8 |
| Total assets | ¥5,949 million |
| Net assets | ¥3,780 million |
| Full-year earnings forecast | Net Sales To be determined / Operating profit To be determined / Ordinary income To be determined / Net income To be determined |
| Annual Dividend Forecast | ¥0.00 → ¥0.00（0.0） |
| Segment revenue | Green Finance business (capital circulation) ¥25,023 thousand (YoY -70.9%), Green Recycling business (resource circulation) ¥99,540 thousand (YoY -12.4%), Green Energy business (power infrastructure) ¥65,087 thousand (YoY +596.1%), Green Digital business (creation of electricity value) ¥0 thousand, Environmental business (former) ¥0 thousand |
| Segment profit | Green Finance business (capital circulation) ¥-16,118 thousand, Green Recycling business (resource circulation) ¥83,041 thousand, Green Energy business (power infrastructure) ¥-29,516 thousand, Green Digital business (creation of electricity value) ¥0 thousand, Environmental business (former) ¥0 thousand |
| Depreciation and amortization | ¥69,487 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of shares in an affiliated company ¥35,132 thousand / Extraordinary loss No applicable matters. |
| 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 |
| Changes in the scope of consolidation | New 0 / Excluded 1 / Company name New Not disclosed / Excluded アイレス株式会社 |
| Material subsequent events | The issuance of 18,000,000 shares through the partial exercise of the 21st Series Stock Acquisition Rights resulted in the largest shareholder, a major shareholder, changing from 株式会社MC to ORCHID PLUS PTE. LTD. In addition, all shares of EFI Solar 1 Co., Ltd., EFI Solar 2 Co., Ltd. and EFI Solar 3 Co., Ltd., which operate solar power generation businesses in South Korea, were acquired and the companies became consolidated subsidiaries. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 305,356,980 |
| Treasury Shares at Period-End | 8,080 |
| Factors Behind Changes in Business Performance | The factors included the exclusion of アイレス株式会社 from consolidation, lower entrusted-service fee revenue in the Green Finance business, a review of the product mix toward high-value-added products and inventory reduction in the Green Recycling business, and upfront costs for launching new businesses and cost burdens from newly consolidated subsidiaries in the Green Energy business. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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 the exclusion of アイレス株式会社 from consolidation following the reorganization of its business portfolio, lower entrusted-service fee revenue in the Green Finance business, and upfront costs for launching new businesses and cost burdens from newly consolidated subsidiaries in the Green Energy business. The company also described an uncertain business environment, including U.S. trade policy, the situation in the Middle East, yen depreciation, and persistently high energy and resource prices.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.