Results for this period
Interim period (second quarter)1 January 2026–30 June 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 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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Factors contributing to higher revenue included an increase in management advisory fees from the accumulation of investment projects, the inclusion from the beginning of the period of sales from the toy retail business of consolidated investees, and expanded capabilities and strengthened sales efforts in the M&A advisory business. Revenue declined in the management consulting business due to a decrease in headcount, and in the business revitalization support business due to a decline in medium- and large-scale revitalization projects and revitalization projects involving listed companies, among other factors. Although fixed costs such as personnel expenses have been recorded ahead of revenue in the investment business, its operating base has expanded.
Disclosure of significant events, etc. has been made. The Company has identified events or conditions that raise significant doubt about the going concern assumption due to operating losses for 2 consecutive fiscal years. However, based on measures including structural reforms and its overdraft agreement, the Company has determined that no material uncertainty regarding the going concern assumption exists. There are no applicable notes regarding the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥6,944 million (YoY +20.3%) |
| Operating profit | ¥83 million |
| Ordinary income | ¥-4 million |
| Profit attributable to owners of the parent | ¥-115 million |
| Net income per share | ¥(9.78) |
| Equity ratio | End of the current fiscal period 9.3 % / End of previous period 9.2 % |
| Total assets | ¥17,155 million |
| Net assets | ¥9,822 million |
| Cash flows from operating activities | ¥-1,832,124 thousand |
| Cash flows from investing activities | ¥439,388 thousand |
| Cash flows from financing activities | ¥-274,159 thousand |
| Cash and cash equivalents at end of period | ¥2,259,222 thousand |
| Full-year earnings forecast | Net Sales ¥15,000 million (YoY +11.4%) / Operating profit ¥610 million / Ordinary income ¥430 million / Profit attributable to owners of parent ¥50 million |
| Annual Dividend Forecast | ¥0.00 → Undecided |
| Segment revenue | Consulting and Advisory Business ¥4,031,883 thousand (YoY -7.6%), Investment Business ¥2,912,440 thousand (YoY +106.1%) |
| Segment profit | Consulting and Advisory Business ¥162,578 thousand (YoY -0.4%), Investment Business ¥-79,499 thousand |
| Depreciation and amortization | ¥61,232 thousand |
| Breakdown of extraordinary income (loss) | Gain on reversal of subscription rights to shares ¥1,842 thousand |
| Disclosure regarding the going concern assumption | Disclosure of significant events, etc. has been made. The Company has identified events or conditions that raise significant doubt about the going concern assumption due to operating losses for 2 consecutive fiscal years. However, based on measures including structural reforms and its overdraft agreement, the Company has determined that no material uncertainty regarding the going concern assumption exists. There are no applicable notes regarding the going concern assumption. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | Consolidated subsidiary 株式会社ホビーリンク・ジャパン entered into an agreement to transfer its head office land and building to 中央商工株式会社 for ¥599,000 thousand, including consumption tax. The company plans to outsource its logistics operations and use the sale proceeds to repay borrowings. The scheduled property handover date is 25 August 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 11,857,821 |
| Treasury Shares at Period-End | 72,604 |
| Factors Behind Changes in Business Performance | Factors contributing to higher revenue included an increase in management advisory fees from the accumulation of investment projects, the inclusion from the beginning of the period of sales from the toy retail business of consolidated investees, and expanded capabilities and strengthened sales efforts in the M&A advisory business. Revenue declined in the management consulting business due to a decrease in headcount, and in the business revitalization support business due to a decline in medium- and large-scale revitalization projects and revitalization projects involving listed companies, among other factors. Although fixed costs such as personnel expenses have been recorded ahead of revenue in the investment business, its operating base has expanded. |
Items this document does not state (7)
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.Revenue from the investment business increased due to higher management advisory fees from the accumulation of investment projects and the inclusion, from the beginning of the period, of sales from the toy retail businesses of consolidated investees 株式会社ホビーリンク・ジャパン and 2 other companies. In the M&A advisory business, expanded capabilities and strengthened sales efforts focused on priority sectors and transaction themes also contributed to higher revenue. By contrast, revenue declined in the management consulting business due to a decrease in headcount, and in the business revitalization support business due to a decline in medium- and large-scale revitalization projects and revitalization projects involving listed companies, among other factors.