Consolidated results for the cumulative first quarter
BALMUDA Inc. and its consolidated subsidiaries (the Group)
Japan, South Korea, North America and other regions; air-conditioning-related, kitchen-related and other products. Sailing Lantern and The Clock are listed as new products.
Domestic sales declined due to the prolonged weakness in consumer sentiment caused by rising prices and other factors. Overseas, the expansion of the product lineup in the United States, China, Thailand and other markets contributed to sales. Lower manufacturing costs, appropriate pricing, optimization of the organizational and staffing structure, optimization of advertising expenses and other factors contributed to the improvement in earnings.
Net sales: ¥1,775 million (¥409 million decrease year on year); operating loss: ¥267 million; ordinary loss: ¥283 million; quarterly net loss attributable to owners of the parent: ¥284 million
First quarter of the fiscal year ending December 2026 (1 January 2026–31 March 2026)
The consolidated earnings forecast for the fiscal year ending December 2026 remains unchanged from the forecast announced when the company released its results for the fiscal year ended December 2025.
Sailing Lantern and The Clock will be rolled out in the United States, European countries, South Korea, Japan and other markets. The company will pursue improvements to its earnings structure, optimization of sales strategies by product and region, and discussions with its relationship financial institutions toward the continued use of overdraft facilities.
| Item | Details |
|---|---|
| Event name | Consolidated results for the cumulative first quarter |
| Date of occurrence | 1 January 2026–31 March 2026 (cumulative period for the first quarter under review, consolidated) |
| Date recognized / date notice received | 15 May 2026 (earnings report disclosure date) |
| Subject Entity | BALMUDA Inc. and its consolidated subsidiaries (the Group) |
| Target Locations / Products | Japan, South Korea, North America and other regions; air-conditioning-related, kitchen-related and other products. Sailing Lantern and The Clock are listed as new products. |
| Cause | Domestic sales declined due to the prolonged weakness in consumer sentiment caused by rising prices and other factors. Overseas, the expansion of the product lineup in the United States, China, Thailand and other markets contributed to sales. Lower manufacturing costs, appropriate pricing, optimization of the organizational and staffing structure, optimization of advertising expenses and other factors contributed to the improvement in earnings. |
| Amount of Impact on Business Performance | Net sales: ¥1,775 million (¥409 million decrease year on year); operating loss: ¥267 million; ordinary loss: ¥283 million; quarterly net loss attributable to owners of the parent: ¥284 million |
| Accounting period in which recognized | First quarter of the fiscal year ending December 2026 (1 January 2026–31 March 2026) |
| Impact on Earnings Forecast | The consolidated earnings forecast for the fiscal year ending December 2026 remains unchanged from the forecast announced when the company released its results for the fiscal year ended December 2025. |
| Outlook | Sailing Lantern and The Clock will be rolled out in the United States, European countries, South Korea, Japan and other markets. The company will pursue improvements to its earnings structure, optimization of sales strategies by product and region, and discussions with its relationship financial institutions toward the continued use of overdraft facilities. |
Items this document does not state (15)
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 explained that domestic sales declined due to the prolonged weakness in consumer sentiment caused by rising prices, while the expansion of its product lineup in the United States, China, Thailand and other markets contributed to overseas sales. It attributed the improvement in earnings to lower manufacturing costs for new and existing products, appropriate pricing, optimization of its organizational and staffing structure, and optimization of advertising expenses in the United States, among other factors.