Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The precious metals-related business recorded higher sales and income due to an increase in the volume of precious metals recycled in the electronic devices sector and rising precious metals prices. The food-related business recorded lower sales but higher income, as improved profit margins from passing through higher prices and increasing value added offset the decline in sales volumes of marine and livestock products.
No applicable matters. The notes on the going concern assumption state that there are no applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥208,650 million (YoY +42.3%) |
| Operating profit | ¥10,315 million (YoY +175.6%) |
| Ordinary income | ¥10,938 million (YoY +176.1%) |
| Profit attributable to owners of the parent | ¥7,623 million (YoY +153.1%) |
| Net income per share | ¥294.99 |
| Equity ratio | End of the current fiscal period 59 / End of previous period 52 |
| Total assets | ¥212,503 million |
| Net assets | ¥126,062 million |
| Cash flows from operating activities | ¥7,437 million |
| Cash flows from investing activities | ¥116 million |
| Cash flows from financing activities | ¥-8,083 million |
| Cash and cash equivalents at end of period | ¥14,025 million |
| Full-year earnings forecast | Net Sales ¥740,000 million (YoY +7.6%) / Operating profit ¥28,500 million (YoY +27.0%) / Ordinary income ¥29,600 million (YoY +25.7%) / Profit attributable to owners of the parent ¥20,600 million (YoY +23.0%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥740,000 million / Operating profit Not disclosed → ¥28,500 million / Ordinary income Not disclosed → ¥29,600 million / Profit attributable to owners of the parent Not disclosed → ¥20,600 million |
| Annual Dividend Forecast | ¥100 → ¥120（+20.0%） |
| Segment revenue | Precious metals-related business ¥177,718 million (YoY +53.8%), Food-Related Business ¥30,931 million (YoY -0.5%) |
| Segment profit | Precious metals-related business ¥9,274 million (YoY +233.3%), Food-Related Business ¥1,041 million (YoY +8.3%) |
| Depreciation and amortization | ¥947 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥203 million / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | No applicable matters. The notes on the going concern assumption state that there are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | None, either additions or exclusions. There were no material changes. |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 26,908,581 |
| Treasury Shares at Period-End | 1,066,703 |
| Factors Behind Changes in Business Performance | The precious metals-related business recorded higher sales and income due to an increase in the volume of precious metals recycled in the electronic devices sector and rising precious metals prices. The food-related business recorded lower sales but higher income, as improved profit margins from passing through higher prices and increasing value added offset the decline in sales volumes of marine and livestock products. |
Items this document does not state (6)
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.In the precious metals-related business, results benefited from increased demand for electronic devices, particularly for AI data centers, precious metals prices exceeding those in the year-earlier period, stable procurement of precious metals raw materials, and growth in product sales and contracted industrial waste treatment. In the food-related business, although sales volumes declined, improved profit margins resulting from passing through higher prices and increasing value added contributed to higher operating income.