Performance for the first quarter of the fiscal year ending December 2026
TOHO LAMAC CO.,LTD. (non-consolidated)
Shoes business (women’s footwear, men’s footwear, rubber footwear, sneakers and other products) and real estate business
Weak performance in women’s and men’s footwear, consumers’ preference for saving, higher raw material prices and product procurement costs, an increase in cost of sales due to foreign exchange movements, a decline in non-operating income, a decline in the fair value of cryptoassets, and fees paid to external specialists in connection with confirming the details of certain real estate transactions
Revenue of ¥1.143 billion, an operating loss of ¥20 million, an ordinary loss of ¥56 million and a quarterly net loss of ¥57 million. The company recorded an impairment loss on cryptoassets of ¥19 million and special investigation expenses of ¥14 million as non-operating expenses.
First quarter of the fiscal year ending December 2026 (21 December 2025 to 20 March 2026)
The forecasts for the cumulative second-quarter period and the full fiscal year announced on 30 January 2026 remain unchanged. The impact of the weaker yen and other factors has not been reflected in the forecasts because it is difficult to assess at this time. If it becomes necessary to revise the forecasts, the company plans to disclose the revision promptly.
Company response
The company commissioned external specialists to confirm the details of certain real estate transactions and related matters.
It is difficult at this time to assess the impact on earnings of the prolonged depreciation of the yen, rising prices of daily necessities, and higher resource and energy prices. If it becomes necessary to revise the earnings forecasts, the company plans to disclose the revision promptly.
The company plans to make a prompt disclosure if it becomes necessary to revise the earnings forecasts.
| Item | Details |
|---|---|
| Event name | Performance for the first quarter of the fiscal year ending December 2026 |
| Subject Entity | TOHO LAMAC CO.,LTD. (non-consolidated) |
| Target Locations / Products | Shoes business (women’s footwear, men’s footwear, rubber footwear, sneakers and other products) and real estate business |
| Cause | Weak performance in women’s and men’s footwear, consumers’ preference for saving, higher raw material prices and product procurement costs, an increase in cost of sales due to foreign exchange movements, a decline in non-operating income, a decline in the fair value of cryptoassets, and fees paid to external specialists in connection with confirming the details of certain real estate transactions |
| Amount of Impact on Business Performance | Revenue of ¥1.143 billion, an operating loss of ¥20 million, an ordinary loss of ¥56 million and a quarterly net loss of ¥57 million. The company recorded an impairment loss on cryptoassets of ¥19 million and special investigation expenses of ¥14 million as non-operating expenses. |
| Accounting period in which recognized | First quarter of the fiscal year ending December 2026 (21 December 2025 to 20 March 2026) |
| Impact on Earnings Forecast | The forecasts for the cumulative second-quarter period and the full fiscal year announced on 30 January 2026 remain unchanged. The impact of the weaker yen and other factors has not been reflected in the forecasts because it is difficult to assess at this time. If it becomes necessary to revise the forecasts, the company plans to disclose the revision promptly. |
| Investigation structure | The company commissioned external specialists to confirm the details of certain real estate transactions and related matters. |
| Outlook | It is difficult at this time to assess the impact on earnings of the prolonged depreciation of the yen, rising prices of daily necessities, and higher resource and energy prices. If it becomes necessary to revise the earnings forecasts, the company plans to disclose the revision promptly. |
| Planned follow-up disclosure | The company plans to make a prompt disclosure if it becomes necessary to revise the earnings forecasts. |
Items this document does not state (15)
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 cited weak performance in women’s and men’s footwear, consumers’ preference for saving, higher raw material prices and product procurement costs, an increase in cost of sales due to foreign exchange movements, a decline in non-operating income, an impairment loss resulting from the decline in the fair value of cryptoassets, and fees paid to external specialists in connection with confirming the details of certain real estate transactions. At the operating level, the company stated that reductions in selling, general and administrative expenses associated with the streamlining of unprofitable businesses contributed to the result.