Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
In the precious metals business, revenue and operating profit increased due to higher volumes of precious metals recycled and finished products sold in the electronic devices field, as well as precious metals prices remaining above the level of the same period of the previous year. In the food business, operating profit increased due to higher sales volumes of agricultural products, an overall increase in selling prices, and initiatives to pass on costs and enhance added value.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥391,363 million (YoY +35.8%) |
| Operating profit | ¥16,804 million (YoY +108.5%) |
| Ordinary income | ¥17,677 million (YoY +109.5%) |
| Profit attributable to owners of the parent | ¥12,202 million (YoY +99.8%) |
| Net income per share | ¥472.18 |
| Equity ratio | End of the current fiscal period 60.3 / End of previous period 52 |
| Total assets | ¥214,020 million |
| Net assets | ¥129,729 million |
| Cash flows from operating activities | ¥12,918 million |
| Cash flows from investing activities | ¥-808 million |
| Cash flows from financing activities | ¥-11,360 million |
| Cash and cash equivalents at end of period | ¥15,379 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%) |
| Annual Dividend Forecast | ¥100 → ¥120（+20.0%） |
| Segment revenue | Precious metals-related business ¥328,205 million (YoY +44.1%), Food-related business ¥63,178 million (YoY +4.3%) |
| Segment profit | Precious metals-related business ¥15,047 million (YoY +138.2%), Food-related business ¥1,757 million (YoY +0.9%) |
| Depreciation and amortization | ¥1,915 million |
| Breakdown of extraordinary income (loss) | Gain on sale of investment securities ¥203 million |
| Disclosure regarding the going concern assumption | 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 | Added: 0 companies; excluded: 0 companies |
| Material subsequent events | Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (scheduled to be held online for institutional investors on 25 November 2026) |
| Issued Shares at Period-End | 26,908,581 |
| Treasury Shares at Period-End | 1,066,714 |
| Factors Behind Changes in Business Performance | In the precious metals business, revenue and operating profit increased due to higher volumes of precious metals recycled and finished products sold in the electronic devices field, as well as precious metals prices remaining above the level of the same period of the previous year. In the food business, operating profit increased due to higher sales volumes of agricultural products, an overall increase in selling prices, and initiatives to pass on costs and enhance added value. |
Items this document does not state (7)
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 precious metals business reported higher revenue and profit due to increases in the volume of precious metals recycled and the sales volume of finished products in the electronic devices field, as well as precious metals prices remaining above the level of the same period of the previous year. In the food business, profitability improved due to increased sales volumes of agricultural products, higher selling prices, and initiatives to pass on costs and enhance added value.