Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-2.2
%Wording
Conditional
How definitive the wording is.Results for this period
Third quarter21 December 2025 to 20 September 2026Non-consolidated (standalone)Japanese GAAPNet Sales3,308¥ millionYear on year -2.2%Progress 68.7%
Operating profit-78¥ million
Ordinary income-102¥ million
Net income attributable to owners of the parent-56¥ million
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¥(11.12)
Financial position at period-end
Total assets6,821¥ million
of which net assets 4,382 ¥ millionEquity ratio 64.2%vs. prior year-end -3.2pt
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 revenueFootwear business ¥2,991,576 thousand (YoY -9.7%), Real Estate Business ¥316,868 thousand (YoY +361.9%)
Segment profitFootwear business ¥-100,569 thousand, Real Estate Business ¥22,368 thousand (YoY +19.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥4,816 million (YoY +5.9%)
Operating profit¥-76 million
Ordinary income¥-100 million
Net income¥-55 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥4,816 million / Operating profit Not disclosed → ¥-76 million / Ordinary income Not disclosed → ¥-100 million / Net income Not disclosed → ¥-55 million
Annual Dividend Forecast¥11.4 → ¥11.4（0.0%）
Factors Behind Changes in Business Performance
Revenue declined because sales of women's and men's shoes decreased and remained challenging. Gross profit declined because of the decrease in revenue and higher cost of sales resulting from the weaker yen. Non-operating expenses increased due to interest expense, crypto asset valuation losses and special investigation expenses.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 Yes見積りの変更 Yes修正再表示 No
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
Depreciation and amortization¥54,277 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者：Not disclosed)
Issued Shares at Period-End5,120,700 Shares
Treasury Shares at Period-End32,500 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 21 December 2025 to 20 September 2026 |
| Net Sales | ¥3,308 million (YoY -2.2%) |
| Operating profit | ¥-78 million |
| Ordinary income | ¥-102 million |
| Profit attributable to owners of the parent | ¥-56 million |
| Net income per share | ¥(11.12) |
| Equity ratio | End of the current fiscal period 64.2 / End of previous period 67.4 |
| Total assets | ¥6,821 million |
| Net assets | ¥4,382 million |
| Full-year earnings forecast | Net Sales ¥4,816 million (YoY +5.9%) / Operating profit ¥-76 million / Ordinary income ¥-100 million / Net income ¥-55 million |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥4,816 million / Operating profit Not disclosed → ¥-76 million / Ordinary income Not disclosed → ¥-100 million / Net income Not disclosed → ¥-55 million |
| Annual Dividend Forecast | ¥11.4 → ¥11.4（0.0%） |
| Segment revenue | Footwear business ¥2,991,576 thousand (YoY -9.7%), Real Estate Business ¥316,868 thousand (YoY +361.9%) |
| Segment profit | Footwear business ¥-100,569 thousand, Real Estate Business ¥22,368 thousand (YoY +19.7%) |
| Depreciation and amortization | ¥54,277 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 | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate Yes / Restatement No |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 5,120,700 Shares |
| Treasury Shares at Period-End | 32,500 Shares |
| Factors Behind Changes in Business Performance | Revenue declined because sales of women's and men's shoes decreased and remained challenging. Gross profit declined because of the decrease in revenue and higher cost of sales resulting from the weaker yen. Non-operating expenses increased due to interest expense, crypto asset valuation losses and special investigation expenses. |
Items this document does not state (12)
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 backlogImpairment lossChanges in the scope of consolidationMaterial 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.Revenue and gross profit declined because fewer women's and men's shoes were sold and sales remained challenging. In addition, non-operating expenses increased due to higher cost of sales resulting from the weaker yen, interest expense, crypto asset valuation losses and special investigation expenses.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.