Results for this period
Full year1 April 2025 to 31 March 2026Non-consolidated (standalone)Japanese 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.
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.
In the real estate business, revenue and profit increased due to the sale of properties held. In the nickel business, the selling price per unit declined, while sales volume increased. The ordinary loss and net loss increased mainly because valuation losses on crypto assets were recognized.
A description is provided of significant events or conditions, including recurring operating losses or negative operating cash flow. However, no material uncertainty regarding the going-concern assumption was identified, and there are no matters requiring disclosure in the notes.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥1,441 million (YoY +127.2%) |
| Operating profit | ¥-146 million |
| Ordinary income | ¥-2,524 million |
| Profit attributable to owners of the parent | ¥-2,529 million |
| Net income per share | ¥△16.02 |
| Operating Margin | -10.1% |
| Equity ratio | End of the current fiscal period 82.6% / End of previous period 95.5% |
| Total assets | ¥5,668 million |
| Net assets | ¥4,701 million |
| Cash flows from operating activities | ¥81 million |
| Cash flows from investing activities | ¥-5,214 million |
| Cash flows from financing activities | ¥4,873 million |
| Cash and cash equivalents at end of period | ¥1,901 million |
| Full-year earnings forecast | Net Sales To be determined / Operating profit To be determined / Ordinary income To be determined / Net income To be determined |
| Annual Dividend Forecast | ¥0 → To be determined（To be determined） |
| Payout ratio | 0.0% |
| Segment revenue | Nickel Business ¥616,307 thousand (YoY -1.5%), Crypto Asset Business —, Real Estate Business ¥824,464 thousand, Education Business —, Smart DX Solutions Business ¥692 thousand, Other — |
| Segment profit | Nickel Business ¥30,604 thousand, Crypto Asset Business ¥-5,030 thousand, Real Estate Business ¥428,228 thousand, Education Business ¥-13,338 thousand, Smart DX Solutions Business ¥-25,409 thousand, Other — |
| Depreciation and amortization | ¥177 thousand |
| Impairment loss | ¥784 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Impairment Losses ¥784 thousand |
| Disclosure regarding the going concern assumption | A description is provided of significant events or conditions, including recurring operating losses or negative operating cash flow. However, no material uncertainty regarding the going-concern assumption was identified, and there are no matters requiring disclosure in the notes. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | Fundraising of up to ¥46,412 million through the exercise of the 10th Series Stock Acquisition Rights, Business alliance with SDS Holdings Co., Ltd. and an investment of approximately ¥1.3 billion, Investment of approximately ¥300 million in TAIYO BUSSAN KAISHA,LTD. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 175,145,749 Shares |
| Treasury Shares at Period-End | 2,727 Shares |
| Factors Behind Changes in Business Performance | In the real estate business, revenue and profit increased due to the sale of properties held. In the nickel business, the selling price per unit declined, while sales volume increased. The ordinary loss and net loss increased mainly because valuation losses on crypto assets were recognized. |
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.Revenue benefited from the sale of properties in the real estate business. The increase in the ordinary loss and net loss was mainly due to valuation losses on crypto assets. The company has not disclosed its forecast for the next fiscal year because of numerous uncertainties, including progress in fundraising and the business environment.