Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedIFRSThe 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 private equity investment business, carried interest was realized through the sale of shares in 株式会社M&I and TOYO ENGINEERING CORPORATION, among others. The increase in fair value resulting from share price movements at listed portfolio companies, higher management fees from Fund Series No. 5, the addition of LP investors in the real estate investment business, and the increase in the fair value of investment assets also contributed. Operating expenses increased mainly because of higher personnel expenses associated with the increase in the number of employees.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥15,699 million (YoY +216.8%) |
| Operating profit | ¥12,748 million (YoY +341.0%) |
| Ordinary income | ¥12,674 million (YoY +338.0%) |
| Profit attributable to owners of the parent | ¥8,766 million (YoY +415.1%) |
| Net income per share | ¥257.32 |
| Equity ratio | End of the current fiscal period 70.7 / End of previous period 74.9 |
| Total assets | ¥99,842 million |
| Net assets | ¥70,566 million |
| Cash flows from operating activities | ¥12,836 million |
| Cash flows from investing activities | ¥-2,003 million |
| Cash flows from financing activities | ¥5,683 million |
| Cash and cash equivalents at end of period | ¥35,794 million |
| Annual Dividend Forecast | ¥37 → ¥37（0.0%） |
| Segment revenue | Private equity investment business Current interim period ¥14,030 million / Prior-year period ¥4,805 million / Year on year against the same period last year Not disclosed / Real Estate Investment Business Current interim period ¥1,279 million / Prior-year period ¥185 million / Year on year against the same period last year Not disclosed |
| Segment profit | Private equity investment business Current interim period ¥12,363 million / Prior-year period ¥3,660 million / Year on year against the same period last year Not disclosed / Real Estate Investment Business Current interim period ¥1,054 million / Prior-year period ¥72 million / Year on year against the same period last year Not disclosed |
| Depreciation and amortization | ¥179 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 34,975,000 Shares |
| Treasury Shares at Period-End | 908,024 Shares |
| Factors Behind Changes in Business Performance | In the private equity investment business, carried interest was realized through the sale of shares in 株式会社M&I and TOYO ENGINEERING CORPORATION, among others. The increase in fair value resulting from share price movements at listed portfolio companies, higher management fees from Fund Series No. 5, the addition of LP investors in the real estate investment business, and the increase in the fair value of investment assets also contributed. Operating expenses increased mainly because of higher personnel expenses associated with the increase in the number of employees. |
Items this document does not state (10)
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.In the private equity investment business, carried interest was realized through the sale of shares in portfolio companies, fair value increased due to share price movements at listed portfolio companies, and management fees from Fund Series No. 5 increased. In the real estate investment business, management fees increased as additional LP investors joined, and the fair value of investment assets increased. Operating expenses increased mainly because of higher personnel expenses associated with the increase in the number of employees.