Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 11 November 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Housing starts remained weak, while prolonged international tensions, rising prices and other factors intensified competition, causing sales and gross profit to fall below assumptions. Meanwhile, operating loss, ordinary loss and loss attributable to owners of the parent are expected to improve from the previous forecast due to lower selling, general and administrative expenses and other factors.
Impairment loss of approximately ¥25 million (¥12 million for fixed assets and ¥13 million for goodwill). The Company also expects to recognize a ¥14 tax benefit as an income tax adjustment.
| Item | Details |
|---|---|
| Net Sales | ¥4,492 million → ¥4,102 million（-8.7%） |
| Operating profit | ¥-404 million → ¥-286 million |
| Ordinary income | ¥-393 million → ¥-263 million |
| Profit attributable to owners of the parent | ¥-397 million → ¥-280 million |
| Net income per share | -357.86 yen → -252.76 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 11 November 2025 |
| Previous-period results | Fiscal year ended March 2025 actual results: sales of ¥4,138 million, operating loss of ¥375 million, ordinary loss of ¥361 million, loss attributable to owners of the parent of ¥1,436 million, and loss per share of ¥1,293.58 |
| Reason for the revision | Housing starts remained weak, while prolonged international tensions, rising prices and other factors intensified competition, causing sales and gross profit to fall below assumptions. Meanwhile, operating loss, ordinary loss and loss attributable to owners of the parent are expected to improve from the previous forecast due to lower selling, general and administrative expenses and other factors. |
| Details and amount of extraordinary loss | Impairment loss of approximately ¥25 million (¥12 million for fixed assets and ¥13 million for goodwill). The Company also expects to recognize a ¥14 tax benefit as an income tax adjustment. |
| Dividend forecast revision | The year-end dividend has been revised from ¥30 per share to ¥0, reducing the full-year dividend forecast from ¥30 per share to ¥0. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Sales and gross profit are expected to fall below assumptions due to weak housing starts, prolonged international tensions, rising prices and intensifying competition, while profit is expected to improve from the previous forecast due to lower selling, general and administrative expenses and other factors. The impairment loss is expected to be recognized following a comprehensive review of the future prospects and other factors relating to the fixed assets and goodwill of a consolidated subsidiary. The dividend was reduced after taking into comprehensive consideration the progress of the earnings forecast and the Company's financial condition, among other factors.