Results for this period
Full year1 March 2025–28 February 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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
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.
Sales of household refrigerators and washing machines fell sharply amid intensified market competition, while lower fourth-quarter revenue and higher inventory storage fees caused operating income to deteriorate. In connection with the business structure reforms, the Company recorded ¥60 million in disposal costs for products and components, ¥356 million in inventory valuation losses, and ¥222 million in extraordinary losses.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥8,998 million (YoY -10.5%) |
| Operating profit | ¥-855 million |
| Ordinary income | ¥-896 million |
| Profit attributable to owners of the parent | ¥-1,218 million |
| Net income per share | -¥114.28 |
| Operating Margin | △9.5％ |
| Equity ratio | End of the current fiscal period 66.1％ / End of previous period 71.2％ |
| Total assets | ¥9,931 million |
| Net assets | ¥6,567 million |
| Cash flows from operating activities | ¥738 million |
| Cash flows from investing activities | ¥-226 million |
| Cash flows from financing activities | ¥-70 million |
| Cash and cash equivalents at end of period | ¥697 million |
| Full-year earnings forecast | Net Sales ¥9,600 million (YoY +6.7%) / Operating profit ¥100 million / Ordinary income ¥75 million / Net income ¥45 million |
| Annual Dividend Forecast | ¥13 per share → ¥13 per share（0.0%） |
| Payout ratio | Fiscal year ending February 2026 Not disclosed / Forecast for the fiscal year ending February 2027 308.1％ |
| Shareholder Return Policy | The Company aims to steadily maintain a DOE of at least 1.5% and raise it gradually. |
| Segment revenue | Home Appliances Business ¥8,611.06 million (YoY -10.6%), FPSC Business ¥387.81 million |
| Segment profit | Home Appliances Business ¥-90.71 million, FPSC Business ¥19.44 million (YoY -84.0%) |
| Depreciation and amortization | ¥441,360 thousand |
| Impairment loss | ¥222,487 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Losses on disposal of fixed assets ¥26,281 thousand, Impairment Losses ¥222,487 thousand, Impairment Loss on Investment Securities ¥297 thousand |
| 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 No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (for institutional investors and the media) |
| Issued Shares at Period-End | 10,906,300 |
| Treasury Shares at Period-End | 240,750 |
| Factors Behind Changes in Business Performance | Sales of household refrigerators and washing machines fell sharply amid intensified market competition, while lower fourth-quarter revenue and higher inventory storage fees caused operating income to deteriorate. In connection with the business structure reforms, the Company recorded ¥60 million in disposal costs for products and components, ¥356 million in inventory valuation losses, and ¥222 million in extraordinary losses. |
Items this document does not state (4)
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.Market competition intensified due to consumers’ increased focus on saving, the shift by mass retailers toward private-label manufacturing and retailing, and aggressive competition from major Chinese home appliance manufacturers, partly as a result of U.S. tariffs on Chinese imports. Sales of household refrigerators and washing machines fell sharply. Profit was also pressured by a substantial decline in fourth-quarter revenue, higher inventory storage fees, disposal costs for products and components, and inventory valuation losses.