Results for this period
Full year1 September 2025–31 August 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.
Revenue increased as golf equipment, trekking equipment and soccer equipment performed well. The gross profit margin declined due to weak seasonal-product sales caused by the prolonged late-summer heat and mild winter, but selling, general and administrative expenses decreased as a result of cost controls. The Company recorded ¥1,158 million in impairment losses due to lower profitability at some stores and other factors, resulting in a net loss.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–31 August 2026 |
| Net Sales | ¥61,099 million (YoY +1.1%) |
| Operating profit | ¥290 million (YoY +1.7%) |
| Ordinary income | ¥324 million (YoY -15.2%) |
| Profit attributable to owners of the parent | ¥-860 million |
| Net income per share | -¥70.18 |
| Operating Margin | 0.5% |
| Equity ratio | End of the current fiscal period 39.7% / End of previous period 47.1% |
| Total assets | ¥38,321 million |
| Net assets | ¥15,216 million |
| Cash flows from operating activities | ¥229 million |
| Cash flows from investing activities | ¥-1,219 million |
| Cash flows from financing activities | ¥3,583 million |
| Cash and cash equivalents at end of period | ¥6,285 million |
| Full-year earnings forecast | Net Sales ¥61,300 million (YoY +0.3%) / Operating profit ¥300 million (YoY +3.4%) / Ordinary income ¥260 million (YoY -19.8%) / Profit attributable to owners of the parent ¥50 million |
| Annual Dividend Forecast | ¥26 per share → ¥26 per share（0.0%） |
| Payout ratio | Fiscal year ending August 2027 forecast: 635.7% |
| Shareholder Return Policy | Continuation of stable dividends over the long term |
| Depreciation and amortization | ¥849 million |
| Impairment loss | ¥1,158 million. The losses relate to store equipment and buildings at each operating store, comprising ¥859 million for buildings and structures and ¥298 million for other assets. |
| Breakdown of extraordinary income (loss) | Extraordinary gains: no gain on the sale of investment securities. Extraordinary losses: impairment losses of ¥1,158 million, valuation loss on shares of affiliates of ¥2 million, other losses of ¥1 million, for a total of ¥1,162 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 Yes / Restatement No |
| Changes in the scope of consolidation | There was no material change in the scope of consolidation. HIMARAYA USA,INC., a non-consolidated subsidiary, was excluded from the scope of non-consolidated subsidiaries following completion of its liquidation. |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 12,320,787 shares |
| Treasury Shares at Period-End | 82,188 shares |
| Factors Behind Changes in Business Performance | Revenue increased as golf equipment, trekking equipment and soccer equipment performed well. The gross profit margin declined due to weak seasonal-product sales caused by the prolonged late-summer heat and mild winter, but selling, general and administrative expenses decreased as a result of cost controls. The Company recorded ¥1,158 million in impairment losses due to lower profitability at some stores and other factors, resulting in a net loss. |
Items this document does not state (5)
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.While prolonged late-summer heat and a mild winter affected sales of seasonal products, golf equipment, trekking equipment and soccer equipment performed well. The gross profit margin was below the previous year, but selling, general and administrative expenses were lower due to efforts to contain costs. In addition, based on lower profitability at some stores and the expected transfer of store earnings resulting from the consolidation of EC product shipments at warehouses, the Company recorded ¥1,162 million in extraordinary losses, including impairment losses on store fixed assets.