Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 [Japanese GAAP] (Consolidated)
The filing company and the company group (consolidated)
Housing business (sanitary equipment and washbasin equipment, architectural finishing materials), lifestyle business (solar power generation and storage battery systems, facility management, real estate sales), investment business (M&A, real estate leasing), and crypto-asset management
The commercial facility management business and employment support business performed solidly, while the real estate business was sluggish. In addition, the businesses were affected by global geopolitical uncertainty and soaring raw material prices resulting from the significant depreciation of the yen.
Net sales of ¥2,095 million, operating loss of ¥79 million, ordinary loss of ¥78 million, and interim net loss attributable to owners of the parent of ¥98 million. The company recorded a loss on the sale of receivables of ¥3.825 million as an extraordinary loss.
Second quarter (interim period) of the fiscal year ending November 2026 (1 December 2025 to 31 May 2026)
Whether the latest publicly disclosed earnings forecast has been revised: Yes. The full-year forecast for the fiscal year ending November 2026 is net sales of ¥4,200 million, an operating loss of ¥130 million, an ordinary loss of ¥135 million, and net loss attributable to owners of the parent of ¥160 million.
The company will pursue its business diversification strategy by expanding its renovation and remodeling business, event-based sales of solar power and storage battery equipment at home centers and other locations, and crypto-asset management. It will streamline its business structure, including by consolidating sales and production sites, and plans to continue raising funds through the exercise of stock acquisition rights.
| Item | Details |
|---|---|
| Event name | Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 [Japanese GAAP] (Consolidated) |
| Date of occurrence | 15 July 2026 (date the summary of financial results was released) |
| Subject Entity | The filing company and the company group (consolidated) |
| Target Locations / Products | Housing business (sanitary equipment and washbasin equipment, architectural finishing materials), lifestyle business (solar power generation and storage battery systems, facility management, real estate sales), investment business (M&A, real estate leasing), and crypto-asset management |
| Cause | The commercial facility management business and employment support business performed solidly, while the real estate business was sluggish. In addition, the businesses were affected by global geopolitical uncertainty and soaring raw material prices resulting from the significant depreciation of the yen. |
| Amount of Impact on Business Performance | Net sales of ¥2,095 million, operating loss of ¥79 million, ordinary loss of ¥78 million, and interim net loss attributable to owners of the parent of ¥98 million. The company recorded a loss on the sale of receivables of ¥3.825 million as an extraordinary loss. |
| Accounting period in which recognized | Second quarter (interim period) of the fiscal year ending November 2026 (1 December 2025 to 31 May 2026) |
| Impact on Earnings Forecast | Whether the latest publicly disclosed earnings forecast has been revised: Yes. The full-year forecast for the fiscal year ending November 2026 is net sales of ¥4,200 million, an operating loss of ¥130 million, an ordinary loss of ¥135 million, and net loss attributable to owners of the parent of ¥160 million. |
| Outlook | The company will pursue its business diversification strategy by expanding its renovation and remodeling business, event-based sales of solar power and storage battery equipment at home centers and other locations, and crypto-asset management. It will streamline its business structure, including by consolidating sales and production sites, and plans to continue raising funds through the exercise of stock acquisition rights. |
Items this document does not state (16)
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 commercial facility management business and employment support business remained solid, but net sales fell below the level of the same period of the previous year because the real estate business was sluggish. Meanwhile, losses narrowed as the gross margin improved through earnings improvement initiatives and expenses were reduced. The company also explained that improvements in profitability and its financial position have not progressed sufficiently because of global geopolitical uncertainty and factors including soaring raw material prices resulting from the significant depreciation of the yen.