Results for this period
Interim period (second quarter)21 December 2025 to 20 June 2026Non-consolidated (standalone)Japanese 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.
The footwear business struggled due to a decline in the number of pairs sold, among other factors, but overall net sales increased as the real estate business sold properties held for sale, among other activities. Gross profit declined due to an increase in cost of sales resulting from the weaker yen, but the operating loss narrowed as selling, general and administrative expenses decreased. The ordinary loss widened due to a decrease in non-operating income, losses on the valuation of crypto-assets and special investigation expenses, while the interim net loss narrowed due to the reversal of provision for directors' retirement benefits.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 21 December 2025 to 20 June 2026 |
| Net Sales | ¥2,442 million (YoY +2.1%) |
| Operating profit | ¥-11 million |
| Ordinary income | ¥-53 million |
| Profit attributable to owners of the parent | ¥-7 million |
| Net income per share | ¥(1.39) |
| Equity ratio | End of the current fiscal period 66.6 / End of previous period 67.4 |
| Total assets | ¥6,698 million |
| Net assets | ¥4,463 million |
| Cash flows from operating activities | ¥-273,539 thousand |
| Cash flows from investing activities | ¥-160,058 thousand |
| Cash flows from financing activities | ¥43,573 thousand |
| Cash and cash equivalents at end of period | ¥1,385,007 thousand |
| Full-year earnings forecast | Net Sales ¥5,104 million (YoY +12.2%) / Operating profit ¥88 million / Ordinary income ¥88 million / Net income ¥71 million (YoY +306.2%) |
| Annual Dividend Forecast | ¥11.4 → ¥11.4（0.0%） |
| Segment revenue | Footwear business ¥2,171,491 thousand (YoY -7.6%), Real Estate Business ¥270,731 thousand (YoY +531.3%) |
| Segment profit | Footwear business ¥-30,572 thousand, Real Estate Business ¥18,810 thousand (YoY +43.9%) |
| Depreciation and amortization | ¥35,864 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥195 thousand, Reversal of provision for directors' retirement benefits ¥46,735 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed / Details A video presentation of the financial results is scheduled to be posted on the Company's website. |
| Issued Shares at Period-End | 5,120,700 |
| Treasury Shares at Period-End | 32,500 |
| Factors Behind Changes in Business Performance | The footwear business struggled due to a decline in the number of pairs sold, among other factors, but overall net sales increased as the real estate business sold properties held for sale, among other activities. Gross profit declined due to an increase in cost of sales resulting from the weaker yen, but the operating loss narrowed as selling, general and administrative expenses decreased. The ordinary loss widened due to a decrease in non-operating income, losses on the valuation of crypto-assets and special investigation expenses, while the interim net loss narrowed due to the reversal of provision for directors' retirement benefits. |
Items this document does not state (9)
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 footwear business struggled due to a decline in the number of pairs sold, among other factors, while net sales increased in the real estate business as sales of properties held for sale and deliveries of properties acquired for resale progressed. Gross profit declined as the weaker yen drove up raw material prices, but the operating loss narrowed due to reductions in selling, general and administrative expenses. The ordinary loss widened due to a decrease in non-operating income, losses on the valuation of crypto-assets and special investigation expenses, while the interim net loss narrowed due to the reversal of provision for directors' retirement benefits.