Results for this period
Full year1 July 2025 to 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Higher prices for key metals, stronger recovery and sales of high-value-added products, advances in proprietary sorting technology, the effects of structural reforms, more appropriate transaction terms, the development of new sales channels and products, improved margins, and increased handling volumes in the lithium-ion battery recycling business contributed to the increase in profit. Revenue declined substantially on a reported basis due to the application of revenue recognition criteria following a change in the transaction format in the global trading business. Cargo was also affected by the de facto closure of the Strait of Hormuz.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2025 to 30 June 2026 |
| Net Sales | ¥44,430 million (YoY -9.5%) |
| Operating profit | ¥3,224 million (YoY +231.6%) |
| Ordinary income | ¥3,582 million (YoY +194.6%) |
| Profit attributable to owners of the parent | ¥2,423 million (YoY +106.2%) |
| Net income per share | ¥85.16 |
| Operating Margin | 7.3% |
| Equity ratio | End of the current fiscal period 54.1 / End of previous period 54 |
| Total assets | ¥34,712 million |
| Net assets | ¥19,129 million |
| Cash flows from operating activities | ¥3,071 million |
| Cash flows from investing activities | ¥-910 million |
| Cash flows from financing activities | ¥-1,669 million |
| Cash and cash equivalents at end of period | ¥7,386 million |
| Full-year earnings forecast | Net Sales ¥49,000 million (YoY +10.3%) / Operating profit ¥2,700 million (YoY -16.3%) / Ordinary income ¥3,100 million (YoY -13.5%) / Net income ¥2,100 million (YoY -13.4%) |
| Annual Dividend Forecast | ¥25 (actual for previous fiscal year to forecast for current fiscal year) → ¥22 (actual for previous fiscal year to forecast for current fiscal year)（-12.0%） |
| Payout ratio | 38.3% (fiscal year ended June 2025), 29.4% (fiscal year ended June 2026), 29.9% (forecast for fiscal year ending June 2027) |
| Segment revenue | Resource-Circulation Business ¥23,940 million (YoY +13.9%), Global-trading business ¥24,730 million (YoY -21.7%), Lithium-ion Battery Recycling Business ¥2,641 million (YoY +55.9%) |
| Segment profit | Resource-Circulation Business ¥2,627 million (YoY +126.7%), Global-trading business ¥703 million (YoY +161.1%), Lithium-ion Battery Recycling Business ¥704 million (YoY +215.2%) |
| Depreciation and amortization | ¥1,396,745 thousand |
| Impairment loss | ¥93,812 thousand. Resource Recycling Business: ¥2,514 thousand; Lithium-Ion Battery Recycling Business: ¥91,297 thousand. Type of assets subject to impairment: Not disclosed. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥7,708 thousand, Gain on sale of investment securities ¥25,916 thousand, Insurance proceeds received ¥11,298 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥36,139 thousand, Impairment Losses ¥93,812 thousand, Losses from natural disasters ¥130,515 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (no in-person event; video webcast only. Target audience not stated) |
| Issued Shares at Period-End | 30,317,388 |
| Treasury Shares at Period-End | 1,811,673 |
| Factors Behind Changes in Business Performance | Higher prices for key metals, stronger recovery and sales of high-value-added products, advances in proprietary sorting technology, the effects of structural reforms, more appropriate transaction terms, the development of new sales channels and products, improved margins, and increased handling volumes in the lithium-ion battery recycling business contributed to the increase in profit. Revenue declined substantially on a reported basis due to the application of revenue recognition criteria following a change in the transaction format in the global trading business. Cargo was also affected by the de facto closure of the Strait of Hormuz. |
Items this document does not state (4)
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 higher prices for key metals, stronger recovery and sales of high-value-added products, advances in its proprietary sorting technology, the effects of structural reforms, more appropriate transaction terms, the development of new sales channels and products, improved margins, and increased handling volumes in the lithium-ion battery recycling business as factors contributing to the increase in profit. Regarding the decline in revenue, the company cited the application of revenue recognition criteria following a change in the transaction format in its global trading business, as well as the impact of the de facto closure of the Strait of Hormuz.