Results for this period
Interim period (second quarter)1 November 2025 to 30 April 2026ConsolidatedJapanese 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The impact of price increases accompanying ongoing inflation made it difficult to achieve cost reductions. The Company focused on launching and expanding assessment-based consulting services, while the fund business received dividends from investee companies.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 November 2025 to 30 April 2026 |
| Net Sales | ¥3,171,408 thousand (YoY -44.3%) |
| Operating profit | ¥647,002 thousand (YoY -73.6%) |
| Ordinary income | ¥620,720 thousand (YoY -74.7%) |
| Profit attributable to owners of the parent | ¥183,671 thousand (YoY +48.9%) |
| Total assets | ¥13,861,295 thousand |
| Net assets | ¥11,803,195 thousand |
| Cash flows from operating activities | ¥466,999 thousand |
| Cash flows from investing activities | ¥26,715 thousand |
| Cash flows from financing activities | ¥-670,313 thousand |
| Cash and cash equivalents at end of period | ¥5,667,289 thousand |
| Segment revenue | Consulting business ¥2,471,404 thousand (YoY +21.2%), Fund Business ¥700,003 thousand (YoY -80.9%) |
| Segment profit | Consulting business ¥104,404 thousand, Fund Business ¥542,597 thousand (YoY -81.3%) |
| Depreciation and amortization | ¥38,142 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on reversal of subscription rights to shares ¥4,127 thousand / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | No applicable matters |
| Material subsequent events | No applicable matters. |
| Factors Behind Changes in Business Performance | The impact of price increases accompanying ongoing inflation made it difficult to achieve cost reductions. The Company focused on launching and expanding assessment-based consulting services, while the fund business received dividends from investee companies. |
Items this document does not state (17)
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.In cost management consulting, the business environment remains challenging, as the impact of price increases accompanying ongoing inflation has made it difficult to achieve cost reductions. The Company is focusing on expanding fixed-fee, assessment-based consulting. In the fund business, it reported receiving dividends from investee companies. It also stated that the timing and amount of operating gains and losses of investment limited partnerships are difficult to reasonably predict.