Results for this period
Interim period (second quarter)1 January 2026–30 June 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.
The decline was due to completion being pushed back and higher cost ratios resulting from changes to construction periods in the construction consulting business, and delays in property sales in the real estate investment business. Final profit was boosted by the recognition of gains on the sale of fixed assets, compensation received, and gain on reversal of stock acquisition rights.
There is a disclosure of significant events and conditions. The company recognizes events and conditions that could raise substantial doubt because operating losses and negative operating cash flow may continue, but has determined that no material uncertainty exists regarding the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥466 million (YoY +4.8%) |
| Operating profit | ¥-66 million |
| Ordinary income | ¥-46 million |
| Profit attributable to owners of the parent | ¥137 million (YoY -35.5%) |
| Net income per share | ¥16.69 |
| Equity ratio | End of the current fiscal period 89.4 / End of previous period 86.4 |
| Total assets | ¥5,352 million |
| Net assets | ¥4,788 million |
| Cash flows from operating activities | ¥-918,273 thousand |
| Cash flows from investing activities | ¥59,199 thousand |
| Cash flows from financing activities | ¥348,798 thousand |
| Cash and cash equivalents at end of period | ¥2,766,661 thousand |
| Full-year earnings forecast | Net Sales ¥1,416 million (YoY -0.5%) / Operating profit ¥-22 million / Ordinary income ¥-5 million / Net income ¥155 million |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥0 → ¥5 |
| Segment revenue | Construction Consulting Business ¥235,992 thousand (YoY -24.1%) / Fashion Brand Business ¥17,887 thousand (YoY -83.3%) / Real Estate Investment Business ¥212,618 thousand (YoY +672.8%) / Other Investment Business ¥0 thousand |
| Segment profit | Construction Consulting Business ¥8,337 thousand (YoY -90.1%) / Fashion Brand Business ¥13,073 thousand (YoY -3.2%) / Real Estate Investment Business ¥40,005 thousand (YoY +503.3%) / Other Investment Business ¥0 thousand |
| Depreciation and amortization | ¥1,431 thousand |
| Impairment loss | ¥292 thousand (identified as relating to the construction consulting business in the segment notes; the main text also states ¥0 million relating to idle real estate held) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥143,692 thousand / Gain on reversal of subscription rights to shares ¥62,961 thousand / Compensation received ¥14,298 thousand / Extraordinary loss Impairment loss ¥292 thousand |
| Disclosure regarding the going concern assumption | There is a disclosure of significant events and conditions. The company recognizes events and conditions that could raise substantial doubt because operating losses and negative operating cash flow may continue, but has determined that no material uncertainty exists regarding the going concern assumption. |
| 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 / Excluded 0 companies / Company name No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 9,030,000 |
| Treasury Shares at Period-End | 289,868 |
| Factors Behind Changes in Business Performance | The decline was due to completion being pushed back and higher cost ratios resulting from changes to construction periods in the construction consulting business, and delays in property sales in the real estate investment business. Final profit was boosted by the recognition of gains on the sale of fixed assets, compensation received, and gain on reversal of stock acquisition rights. |
Items this document does not state (5)
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.In the construction consulting business, completion was pushed back due to extended construction periods and higher cost ratios, while in the real estate investment business, property sales were delayed. Final profit was affected by the recognition of a gain on the sale of fixed assets from the transfer of trademark rights, compensation received, and gain on reversal of stock acquisition rights as extraordinary income.