Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-132233
¥ thousand (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 August 2025 to 31 January 2026ConsolidatedJapanese GAAPNet Sales6,774¥ millionYear on year +7.8%Progress 46.9%
Operating profit-14¥ million
Ordinary income93¥ millionYear on year -26.1%Progress 16.6%
Net income attributable to owners of the parent25¥ millionYear on year -59.5%
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. 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.
Net income per share¥1.10
Financial position at period-end
Total assets9,649¥ million
of which net assets 7,598 ¥ millionEquity ratio 78.7%vs. prior year-end -0.4pt
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.
Cash inflows and outflows
Operating+302,986
Investment+399,022
Financials-151,046
Net change+550,962
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.
Cash and cash equivalents at end of period¥4,221,946 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥14,440 million (YoY +7.1%)
Operating profit¥570 million (YoY +11.0%)
Ordinary income¥560 million (YoY +11.1%)
Profit attributable to owners of the parent¥370 million (YoY +15.4%)
Annual Dividend Forecast¥10 → ¥10（0.0%）
Factors Behind Changes in Business Performance
中国EC売上が順調に伸長した一方、中国売上拡大のための広告投資の強化や日本国内への先行投資強化により営業損失となりました。
Disclosure regarding the going concern assumption
Not applicable.
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 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent events2026年1月23日開催の取締役会で決議した第5回新株予約権を、2026年2月9日付で発行しました。
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥463 thousand
Depreciation and amortization¥83,245 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End24,107,000 shares
Treasury Shares at Period-End1,236,600 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 August 2025 to 31 January 2026 |
| Net Sales | ¥6,774 million (YoY +7.8%) |
| Operating profit | ¥-14 million |
| Ordinary income | ¥93 million (YoY -26.1%) |
| Profit attributable to owners of the parent | ¥25 million (YoY -59.5%) |
| Net income per share | ¥1.10 |
| Equity ratio | End of the current fiscal period 78.7 / End of previous period 79.1 |
| Total assets | ¥9,649 million |
| Net assets | ¥7,598 million |
| Cash flows from operating activities | ¥302,986 thousand |
| Cash flows from investing activities | ¥399,022 thousand |
| Cash flows from financing activities | ¥-151,046 thousand |
| Cash and cash equivalents at end of period | ¥4,221,946 thousand |
| Full-year earnings forecast | Net Sales ¥14,440 million (YoY +7.1%) / Operating profit ¥570 million (YoY +11.0%) / Ordinary income ¥560 million (YoY +11.1%) / Profit attributable to owners of the parent ¥370 million (YoY +15.4%) |
| Annual Dividend Forecast | ¥10 → ¥10（0.0%） |
| Depreciation and amortization | ¥83,245 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥463 thousand |
| 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 No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | 2026年1月23日開催の取締役会で決議した第5回新株予約権を、2026年2月9日付で発行しました。 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 24,107,000 shares |
| Treasury Shares at Period-End | 1,236,600 treasury shares |
| Factors Behind Changes in Business Performance | 中国EC売上が順調に伸長した一方、中国売上拡大のための広告投資の強化や日本国内への先行投資強化により営業損失となりました。 |
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss
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.中国EC売上が順調に伸長した一方、中国売上拡大のための広告投資の強化や日本国内への先行投資強化が営業損益を押し下げました。
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.