Results for this period
Interim period (second quarter)1 March 2026 to 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。
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.
Amid continued consumer preference for saving due to rising prices, net sales in the core apparel and lifestyle business fell below the initial plan. In addition, revenue related to cryptocurrency transactions was excluded from net sales and gross profit.
There were no matters to report concerning the going-concern assumption. However, the company disclosed significant events and other matters concerning the going-concern assumption and determined that no material uncertainty existed.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥8,552 million |
| Operating profit | ¥-757 million |
| Ordinary income | ¥-709 million |
| Profit attributable to owners of the parent | ¥-182 million |
| Net income per share | △¥2.61 |
| Equity ratio | End of the current fiscal period 32.4 / End of previous period Not disclosed |
| Total assets | ¥9,684 million |
| Net assets | ¥3,135 million |
| Cash flows from operating activities | ¥-1,825 million |
| Cash flows from investing activities | ¥81 million |
| Cash flows from financing activities | ¥1,350 million |
| Cash and cash equivalents at end of period | ¥1,364 million |
| Full-year earnings forecast | Net Sales ¥18,000 million / Operating profit ¥-1,730 million / Ordinary income ¥-1,600 million / Net income ¥-1,180 million |
| Revision to Earnings Forecast | No change (from the forecast announced on 20 August 2026) |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Depreciation and amortization | ¥1 million |
| Impairment loss | Amount ¥86 million / Subject assets Not disclosed |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on negative goodwill / Amount ¥664 million, Item Reversal of provision for store closure losses / Amount ¥10 million / Extraordinary loss Item Impairment Losses / Amount ¥86 million, Item Provision for store closure losses / Amount ¥7 million |
| Disclosure regarding the going concern assumption | There were no matters to report concerning the going-concern assumption. However, the company disclosed significant events and other matters concerning the going-concern assumption and determined that no material uncertainty existed. |
| 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 | New Number of companies 2 / Company name 株式会社コーエン, AIオペレーションズ株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Between 1 September and 30 September 2026, the 12th series of stock acquisition rights was exercised, resulting in the issuance of 2.9 million common shares. Capital stock and capital surplus each increased by ¥29 million. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 89,107,638 Shares |
| Treasury Shares at Period-End | 136,355 Shares |
| Factors Behind Changes in Business Performance | Amid continued consumer preference for saving due to rising prices, net sales in the core apparel and lifestyle business fell below the initial plan. In addition, revenue related to cryptocurrency transactions was excluded from net sales and gross profit. |
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 company cited net sales in its core apparel and lifestyle business falling below the initial plan, as well as the exclusion of revenue related to cryptocurrency transactions from net sales and gross profit. It also explained that consumers continued to favor saving amid rising prices.