Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-40.5
%Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales3,038Millions of yenYear on year -40.5%Progress 43.6%
Operating profit-199Millions of yen
Ordinary income-220Millions of yen
Net income attributable to owners of the parent-242Millions of yen
The 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.
Net income per share−¥76.17
Financial position at period-end
Total assets6,434Millions of yen
of which net assets 3,779 Millions of yenEquity ratio 58.7%vs. prior year-end +1.7pt
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.
Segment revenueFare Collection Equipment Business 2,583,262 Thousands of yen, Systems Development Business 454,764 Thousands of yen
Segment profitFare Collection Equipment Business -206,017 Thousands of yen, Systems Development Business -12,315 Thousands of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales6,962 Millions of yen (YoY -9.3%)
Operating profit149 Millions of yen (YoY -3.9%)
Ordinary income135 Millions of yen (YoY -32.3%)
Profit attributable to owners of the parent84 Millions of yen (YoY -12.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast40 Yen → 40 Yen（0.0%）
Factors Behind Changes in Business Performance
The bus industry continued to operate in a challenging environment due to rising labor costs resulting from the worsening shortage of drivers and soaring fuel prices.
Disclosure regarding the going concern assumption
None
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 Yes見積りの変更 None修正再表示 None
Changes in the scope of consolidationAdditions: 0 companies; removals: 0 companies (no significant changes)
Impairment lossNone
Breakdown of extraordinary income (loss)Category Extraordinary Income / Item No / Amount Not disclosed, Loss on disposal of fixed assets 35 Thousands of yen
Depreciation and amortization75,140 Thousands of yen
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNo (no attendees specified)
Issued Shares at Period-End3,230,300
Treasury Shares at Period-End44,618
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | 3,038 Millions of yen (YoY -40.5%) |
| Operating profit | -199 Millions of yen |
| Ordinary income | -220 Millions of yen |
| Profit attributable to owners of the parent | -242 Millions of yen |
| Net income per share | −¥76.17 |
| Equity ratio | End of the current fiscal period 58.7 / End of previous period 57 |
| Total assets | 6,434 Millions of yen |
| Net assets | 3,779 Millions of yen |
| Full-year earnings forecast | Net Sales 6,962 Millions of yen (YoY -9.3%) / Operating profit 149 Millions of yen (YoY -3.9%) / Ordinary income 135 Millions of yen (YoY -32.3%) / Profit attributable to owners of the parent 84 Millions of yen (YoY -12.6%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | 40 Yen → 40 Yen（0.0%） |
| Segment revenue | Fare Collection Equipment Business 2,583,262 Thousands of yen, Systems Development Business 454,764 Thousands of yen |
| Segment profit | Fare Collection Equipment Business -206,017 Thousands of yen, Systems Development Business -12,315 Thousands of yen |
| Depreciation and amortization | 75,140 Thousands of yen |
| Impairment loss | None |
| Breakdown of extraordinary income (loss) | Category Extraordinary Income / Item No / Amount Not disclosed, Loss on disposal of fixed assets 35 Thousands of yen |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards None / Other changes Yes / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | Additions: 0 companies; removals: 0 companies (no significant changes) |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | No (no attendees specified) |
| Issued Shares at Period-End | 3,230,300 |
| Treasury Shares at Period-End | 44,618 |
| Factors Behind Changes in Business Performance | The bus industry continued to operate in a challenging environment due to rising labor costs resulting from the worsening shortage of drivers and soaring fuel prices. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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 has not identified a direct cause of the revenue decline, but explained that the bus industry continued to face a challenging operating environment due to rising labor costs resulting from the worsening shortage of drivers and soaring fuel prices.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.