Results for this period
Third quarter1 January 2026–30 September 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.
Revenue from the consulting-related business declined due to a decrease in headcount and fewer restructuring projects. Revenue from the M&A advisory business increased on a focus on priority sectors and deal themes, expanded operations and stronger sales efforts. Revenue from the investment business increased due to higher management advisory fees and the consolidation of the toy retail business.
The filing includes disclosure of material events or conditions relating to the going-concern assumption. However, it was determined that no material uncertainty relating to the going-concern assumption exists. There are no applicable items in the notes to the financial statements.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 September 2026 |
| Net Sales | ¥10,007 million (YoY +14.0%) |
| Operating profit | ¥153 million |
| Ordinary income | ¥20 million |
| Profit attributable to owners of the parent | ¥-141 million |
| Net income per share | ¥-12.04 |
| Equity ratio | End of the current fiscal period 9.6 / End of previous period 9.2 |
| Total assets | ¥16,003 million |
| Net assets | ¥9,772 million |
| Full-year earnings forecast | Net Sales ¥13,200 million (YoY -2.1%) / Operating profit ¥-225 million / Ordinary income ¥-420 million / Profit attributable to owners of the parent ¥-550 million |
| Revision to Earnings Forecast | Not disclosed → Net Sales ¥13,200 million / Operating profit ¥-225 million / Ordinary income ¥-420 million / Profit attributable to owners of the parent ¥-550 million |
| Annual Dividend Forecast | 0.00 yen → Undecided（Undecided） |
| Segment revenue | Consulting and Advisory Business 5,608,452 thousand yen (YoY -9.6%), Investment Business 4,399,219 thousand yen (YoY +70.6%) |
| Segment profit | Consulting and Advisory Business 109,356 thousand yen (YoY -43.7%), Investment Business 44,524 thousand yen |
| Depreciation and amortization | 100,968 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on reversal of stock acquisition rights 1,842 thousand yen / Extraordinary loss Loss on sale of non-current assets 220 thousand yen, Loss on disposal of non-current assets 745 thousand yen |
| Disclosure regarding the going concern assumption | The filing includes disclosure of material events or conditions relating to the going-concern assumption. However, it was determined that no material uncertainty relating to the going-concern assumption exists. There are no applicable items in the notes to the financial statements. |
| 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 | No additions or exclusions |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 11,905,379 shares |
| Treasury Shares at Period-End | 72,604 shares |
| Factors Behind Changes in Business Performance | Revenue from the consulting-related business declined due to a decrease in headcount and fewer restructuring projects. Revenue from the M&A advisory business increased on a focus on priority sectors and deal themes, expanded operations and stronger sales efforts. Revenue from the investment business increased due to higher management advisory fees and the consolidation of the toy retail business. |
Items this document does not state (11)
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 consulting-related business was sluggish due to a decline in headcount and fewer medium- and large-scale restructuring projects and restructuring projects involving listed companies. In the M&A advisory business, a focus on priority sectors and deal themes, expanded operations and stronger sales efforts contributed to higher revenue. The investment business also posted higher revenue, reflecting increased management advisory fees and the inclusion from the beginning of the fiscal year of revenue from the toy retail business made a consolidated subsidiary.