Financial Results for the Fiscal Year Ended February 2026 (Japanese GAAP) (Consolidated)
株式会社アクアライン and its consolidated subsidiaries, including 株式会社生活救急車
Plumbing and related services support business and advertising media business. The Company exited the mineral water business following a business transfer in June 2024.
The sale of the mineral water business, reduced advertising expenditure primarily on listing advertisements, staff shortages at franchisees and other locations, a slower-than-expected recovery in the number of incoming calls, and the recording of a provision for allowance for doubtful accounts following the suspension of transactions with 株式会社ＪＵＮコーポレーション
Net loss attributable to owners of the parent of ¥707.065 million. The Company recorded ¥184.291 million in provision for allowance for doubtful accounts, ¥20.424 million in impairment loss, ¥38.674 million in business location closure losses, and other items as extraordinary losses.
Fiscal year ended February 2026 (1 March 2025 to 28 February 2026)
For the fiscal year ending February 2027, the Company forecasts consolidated revenue of ¥1,178 million, operating profit of ¥49 million, ordinary profit of ¥18 million, and net income attributable to owners of the parent of ¥5 million. For the fiscal year ended February 2026, the Company revised its earnings forecast downward on 1 December 2025. The planned figures for the fiscal years ending February 2027 and February 2028 have already been withdrawn.
¥184.291 million (provision for allowance for doubtful accounts following the suspension of transactions with 株式会社ＪＵＮコーポレーション)
Company response
Transactions with 株式会社ＪＵＮコーポレーション and ROY株式会社 were suspended.
Transitioning to a franchise business model and increasing the number of franchisees; reviewing franchise agreements; establishing a franchise sales department; establishing a compliance and legal affairs section; providing technical and customer-service support to franchise employees; operating call center and other services efficiently; reviewing expenses and reducing fixed costs; and raising funds through the issuance of new shares and stock acquisition rights by third-party allotment, borrowings and the establishment of credit lines, and the issuance of unsecured straight bonds, among other measures
The management team was overhauled at the 30th Annual General Meeting of Shareholders held on 30 May 2025.
Related procedures
Recording of litigation-related expenses, designation by the Tokyo Stock Exchange as a Security on Special Alert, and entry into the period for improvement under a plan to comply with the listing maintenance criteria
Tokyo Stock Exchange
The Company aims to achieve an early return to monthly operating profitability by continuing to optimize costs such as advertising expenses and selling customers in areas not covered by franchisees to external parties. It will strengthen the earnings base of its existing businesses and consider M&A and alliances. It will also raise funds to improve cash flow.
| Item | Details |
|---|---|
| Event name | Financial Results for the Fiscal Year Ended February 2026 (Japanese GAAP) (Consolidated) |
| Date of occurrence | 28 February 2026 (end of the fiscal year under review) |
| Date recognized / date notice received | 14 April 2026 (date of publication of the financial results summary) |
| Subject Entity | 株式会社アクアライン and its consolidated subsidiaries, including 株式会社生活救急車 |
| Target Locations / Products | Plumbing and related services support business and advertising media business. The Company exited the mineral water business following a business transfer in June 2024. |
| Cause | The sale of the mineral water business, reduced advertising expenditure primarily on listing advertisements, staff shortages at franchisees and other locations, a slower-than-expected recovery in the number of incoming calls, and the recording of a provision for allowance for doubtful accounts following the suspension of transactions with 株式会社ＪＵＮコーポレーション |
| Amount of Impact on Business Performance | Net loss attributable to owners of the parent of ¥707.065 million. The Company recorded ¥184.291 million in provision for allowance for doubtful accounts, ¥20.424 million in impairment loss, ¥38.674 million in business location closure losses, and other items as extraordinary losses. |
| Accounting period in which recognized | Fiscal year ended February 2026 (1 March 2025 to 28 February 2026) |
| Impact on Earnings Forecast | For the fiscal year ending February 2027, the Company forecasts consolidated revenue of ¥1,178 million, operating profit of ¥49 million, ordinary profit of ¥18 million, and net income attributable to owners of the parent of ¥5 million. For the fiscal year ended February 2026, the Company revised its earnings forecast downward on 1 December 2025. The planned figures for the fiscal years ending February 2027 and February 2028 have already been withdrawn. |
| Type of litigation or proceeding | Recording of litigation-related expenses, designation by the Tokyo Stock Exchange as a Security on Special Alert, and entry into the period for improvement under a plan to comply with the listing maintenance criteria |
| Court or authority | Tokyo Stock Exchange |
| Amount of receivables at risk of non-collection or delayed collection | ¥184.291 million (provision for allowance for doubtful accounts following the suspension of transactions with 株式会社ＪＵＮコーポレーション) |
| Suspended operations | Transactions with 株式会社ＪＵＮコーポレーション and ROY株式会社 were suspended. |
| Measures to prevent recurrence | Transitioning to a franchise business model and increasing the number of franchisees; reviewing franchise agreements; establishing a franchise sales department; establishing a compliance and legal affairs section; providing technical and customer-service support to franchise employees; operating call center and other services efficiently; reviewing expenses and reducing fixed costs; and raising funds through the issuance of new shares and stock acquisition rights by third-party allotment, borrowings and the establishment of credit lines, and the issuance of unsecured straight bonds, among other measures |
| Directors' and officers' liability | The management team was overhauled at the 30th Annual General Meeting of Shareholders held on 30 May 2025. |
| Outlook | The Company aims to achieve an early return to monthly operating profitability by continuing to optimize costs such as advertising expenses and selling customers in areas not covered by franchisees to external parties. It will strengthen the earnings base of its existing businesses and consider M&A and alliances. It will also raise funds to improve cash flow. |
Items this document does not state (9)
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 decrease in revenue was due to the sale of the mineral water business in the previous fiscal year and reduced advertising expenditure, primarily on listing advertisements, in the plumbing and related services support business. The widening net loss was mainly due to the recording of ¥184.291 million in provision for allowance for doubtful accounts as an extraordinary loss following the suspension of transactions with 株式会社ＪＵＮコーポレーション, among other factors.