Results for this period
Interim period (second quarter)1 September 2025–28 February 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.
Constrained demand for ski and snowboard equipment and other products due to the unusually warm winter, a decline in the gross profit margin resulting from price adjustments for seasonal merchandise, and increases in personnel and logistics expenses.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–28 February 2026 |
| Net Sales | ¥29,005 million (YoY +0.9%) |
| Operating profit | ¥-240 million |
| Ordinary income | ¥-198 million |
| Profit attributable to owners of the parent | ¥-173 million |
| Net income per share | ¥(14.10) |
| Equity ratio | End of the current fiscal period 45.1 / End of previous period 47.1 |
| Total assets | ¥35,254 million |
| Net assets | ¥15,914 million |
| Cash flows from operating activities | ¥1,204 million |
| Cash flows from investing activities | ¥-435 million |
| Cash flows from financing activities | ¥-1,081 million |
| Cash and cash equivalents at end of period | ¥3,380 million |
| Full-year earnings forecast | Net Sales ¥62,000 million (YoY +2.6%) / Operating profit ¥440 million (YoY +54.1%) / Ordinary income ¥500 million (YoY +30.6%) / Net income ¥320 million |
| Revision to Earnings Forecast | Not disclosed → Not disclosed |
| Annual Dividend Forecast | ¥26 → ¥26（0.0%） |
| Depreciation and amortization | ¥410 million |
| Impairment loss | ¥40 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥40 million, Impairment Losses on Shares of Affiliates ¥2 million, Total extraordinary loss ¥42 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 | No material changes (no newly consolidated or excluded companies, or company names, are disclosed) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 12,320,787 |
| Treasury Shares at Period-End | 79,548 |
| Factors Behind Changes in Business Performance | Constrained demand for ski and snowboard equipment and other products due to the unusually warm winter, a decline in the gross profit margin resulting from price adjustments for seasonal merchandise, and increases in personnel and logistics expenses. |
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.Demand for ski and snowboard equipment and other products was constrained by the unusually warm winter, while price adjustments for seasonal merchandise caused the gross profit margin to fall below the previous year’s level. In addition, personnel expenses increased due to the rise in the minimum wage, and logistics costs increased amid higher prices.