Events or circumstances that continue to raise significant doubt about the going concern assumption remain present within the Group.
The Group
Textile machinery business; machine tool-related business
Continued operating and ordinary losses since the fiscal year ended November 2019, operating and ordinary losses in the fiscal year ended November 2025, and external factors including international developments, higher purchase prices for raw materials and other inputs, soaring ocean freight rates and other expenses, and sudden extensions of parts lead times
Operating income of ¥77 million, ordinary income of ¥8 million, and quarterly net loss attributable to owners of the parent of ¥129 million (nine-month consolidated cumulative period)
Nine-month consolidated cumulative period for the fiscal year ending November 2026 (1 December 2025 to 31 August 2026)
The full-year consolidated earnings forecast comprises net sales of ¥36,000 million, operating profit of ¥500 million, ordinary profit of ¥300 million, and net income attributable to owners of the parent of ¥100 million.
Based on Medium-Term Management Plan 2026, the Group will work to expand orders and sales, improve profitability, reduce costs, and secure cash flow.
| Item | Details |
|---|---|
| Event name | Events or circumstances that continue to raise significant doubt about the going concern assumption remain present within the Group. |
| Date of occurrence | 31 August 2026 (as of the end of the third-quarter consolidated accounting period) |
| Subject Entity | The Group |
| Target Locations / Products | Textile machinery business; machine tool-related business |
| Cause | Continued operating and ordinary losses since the fiscal year ended November 2019, operating and ordinary losses in the fiscal year ended November 2025, and external factors including international developments, higher purchase prices for raw materials and other inputs, soaring ocean freight rates and other expenses, and sudden extensions of parts lead times |
| Amount of Impact on Business Performance | Operating income of ¥77 million, ordinary income of ¥8 million, and quarterly net loss attributable to owners of the parent of ¥129 million (nine-month consolidated cumulative period) |
| Accounting period in which recognized | Nine-month consolidated cumulative period for the fiscal year ending November 2026 (1 December 2025 to 31 August 2026) |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast comprises net sales of ¥36,000 million, operating profit of ¥500 million, ordinary profit of ¥300 million, and net income attributable to owners of the parent of ¥100 million. |
| Outlook | Based on Medium-Term Management Plan 2026, the Group will work to expand orders and sales, improve profitability, reduce costs, and secure cash flow. |
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.Operating income and ordinary income improved due to improved profitability and higher orders received. However, the Company states that the recovery in business performance and the achievement of stable profitability may be delayed due to past losses and external factors, including international conditions, raw material prices, ocean freight rates and longer lead times for parts.