Results for this period
Third quarter1 January 2026–30 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.
Revenue increased due to sales of real estate held for sale in the real estate investment business. The construction consulting business recorded lower revenue and an operating loss due to delays in completion caused by changes in construction periods and an increase in projects with high cost ratios. Ordinary profit decreased due to a decline in non-operating income and an increase in non-operating expenses, but net income increased due to gains on sales of fixed assets, gains on reversal of stock acquisition rights and compensation received.
Material events or conditions are disclosed. The Company recognizes a material event or condition because the possibility of an operating loss and negative operating cash flow remains, but determined that no material uncertainty exists regarding the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 September 2026 |
| Net Sales | ¥2,206 million (YoY +61.2%) |
| Operating profit | ¥20 million (YoY +651.5%) |
| Ordinary income | ¥42 million (YoY -76.2%) |
| Profit attributable to owners of the parent | ¥243 million (YoY +8.1%) |
| Net income per share | ¥28.82 |
| Equity ratio | End of the current fiscal period 96.4 / End of previous period 86.4 |
| Total assets | ¥5,175 million |
| Net assets | ¥4,993 million |
| Full-year earnings forecast | Net Sales ¥2,458 million (YoY +72.5%) / Operating profit ¥52 million / Ordinary income ¥46 million (YoY -79.7%) / Profit attributable to owners of the parent ¥242 million |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥0 → ¥12 |
| Segment revenue | Construction Consulting Business ¥252,987 thousand (YoY -19.4%), Fashion Brand Business ¥17,887 thousand (YoY -87.1%), Real Estate Investment Business ¥1,935,445 thousand (YoY +111.3%), Other Investment Business － |
| Segment profit | Construction Consulting Business ¥-4,741 thousand, Fashion Brand Business ¥11,753 thousand (YoY -41.1%), Real Estate Investment Business ¥229,519 thousand (YoY +168.1%), Other Investment Business － |
| Depreciation and amortization | ¥2,055 thousand |
| Impairment loss | ¥292 thousand. The main text describes this as an impairment loss related to idle real estate, while the segment notes state that it was recorded in the construction consulting business. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of fixed assets ¥173,401 thousand, Gain on reversal of stock acquisition rights ¥62,961 thousand, Compensation received ¥14,298 thousand / Extraordinary loss Impairment loss ¥292 thousand |
| Disclosure regarding the going concern assumption | Material events or conditions are disclosed. The Company recognizes a material event or condition because the possibility of an operating loss and negative operating cash flow remains, but 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 | Added 0 companies; removed 0 companies. |
| Material subsequent events | On 1 October 2026, the Company acquired all shares of LIMNO Co., Ltd., making it a wholly owned subsidiary. Subsequently, based on a resolution dated 30 October 2026, the Company plans to transfer 49% of LIMNO shares to ICOM INCORPORATED on 16 November 2026, changing its voting interest from 100% to 51%. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 9,177,000 |
| Treasury Shares at Period-End | 290,158 |
| Factors Behind Changes in Business Performance | Revenue increased due to sales of real estate held for sale in the real estate investment business. The construction consulting business recorded lower revenue and an operating loss due to delays in completion caused by changes in construction periods and an increase in projects with high cost ratios. Ordinary profit decreased due to a decline in non-operating income and an increase in non-operating expenses, but net income increased due to gains on sales of fixed assets, gains on reversal of stock acquisition rights and compensation received. |
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.Revenue increased due to sales of real estate held for sale in the real estate investment business. In the construction consulting business, delays in projects due to changes in construction periods and an increase in projects with high cost ratios resulted in lower revenue and an operating loss. Ordinary profit decreased due to a decline in non-operating income and an increase in non-operating expenses, while gains on sales of fixed assets, gains on reversal of stock acquisition rights and compensation received were recorded as special gains.