Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 31 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The company secured funding to increase merchandise inventories through a third-party allotment capital increase and refinancing, resulting in higher precious-metals sales to the market and store sales. However, the disposal of obsolete inventory from prior periods caused operating profit and ordinary profit to fall below forecast, while the recognition of a ¥1,278 million loss on the reversal of the foreign currency translation adjustment account associated with the external sale of a UK sub-subsidiary also caused the loss attributable to owners of the parent to fall below forecast.
¥1,278 million loss on the reversal of the foreign currency translation adjustment account associated with the external sale of a UK sub-subsidiary. Amount of loss from the disposal of obsolete inventory: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | 10,415 Millions of yen → 11,472 Millions of yen（10.1%） |
| Operating profit | -600 Millions of yen → -652 Millions of yen |
| Ordinary income | -723 Millions of yen → -881 Millions of yen |
| Profit attributable to owners of the parent | -677 Millions of yen → -2,053 Millions of yen |
| Net income per share | -3.23 yen and sen → -5.59 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 31 October 2025 |
| Previous-period results | Net Sales 10,232 Millions of yen / Operating profit -904 Millions of yen / Ordinary income -1,076 Millions of yen / Profit attributable to owners of the parent -968 Millions of yen / Net income per share -6.58 yen and sen / Comprehensive Income -1,004 Millions of yen |
| Reason for the revision | The company secured funding to increase merchandise inventories through a third-party allotment capital increase and refinancing, resulting in higher precious-metals sales to the market and store sales. However, the disposal of obsolete inventory from prior periods caused operating profit and ordinary profit to fall below forecast, while the recognition of a ¥1,278 million loss on the reversal of the foreign currency translation adjustment account associated with the external sale of a UK sub-subsidiary also caused the loss attributable to owners of the parent to fall below forecast. |
| Details and amount of extraordinary loss | ¥1,278 million loss on the reversal of the foreign currency translation adjustment account associated with the external sale of a UK sub-subsidiary. Amount of loss from the disposal of obsolete inventory: Not disclosed. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 secured funding to increase merchandise inventories through a third-party allotment capital increase and refinancing, resulting in higher precious-metals sales to the market and store sales. However, the disposal of obsolete inventory from prior periods caused operating profit and ordinary profit to fall below forecast, while the recognition of a ¥1,278 million loss on the reversal of the foreign currency translation adjustment account associated with the external sale of a UK sub-subsidiary also worsened net loss. Expense optimization measures have been under way since December.