Results for this period
Interim period (second quarter)1 November 2025 to 30 April 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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Sluggish export packaging shipments due to U.S. trade policies, the slowdown in the Chinese economy, and the situation in the Middle East; delays in starting construction of large-scale projects and sluggish sales in the House & Eco Business; and higher expenses, including personnel costs, associated with strengthening the workforce. The Timber Business benefited from price increases, while the Solar Power Sales Business recorded higher electricity sales revenue due to favorable weather conditions.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 November 2025 to 30 April 2026 |
| Net Sales | 5,578 Millions of yen (YoY -17.2%) |
| Operating profit | 61 Millions of yen (YoY -84.2%) |
| Ordinary income | 54 Millions of yen (YoY -85.5%) |
| Profit attributable to owners of the parent | 17 Millions of yen (YoY -92.9%) |
| Net income per share | ¥9.61 |
| Equity ratio | End of the current fiscal period 45.9 / End of previous period 45.4 |
| Total assets | 12,295 Millions of yen |
| Net assets | 5,646 Millions of yen |
| Cash flows from operating activities | ¥306,479 thousand |
| Cash flows from investing activities | ¥-242,713 thousand |
| Cash flows from financing activities | ¥197,726 thousand |
| Cash and cash equivalents at end of period | ¥1,301,129 thousand |
| Full-year earnings forecast | Net Sales 13,088 Millions of yen (YoY +3.6%) / Operating profit 550 Millions of yen (YoY -16.5%) / Ordinary income 524 Millions of yen (YoY -18.5%) / Profit attributable to owners of the parent 354 Millions of yen (YoY -16.1%) |
| Annual Dividend Forecast | ¥60 → ¥62（+3.3%） |
| Segment revenue | Timber Business ¥3,722,001 thousand (YoY -0.8%), House & Eco Business ¥1,471,396 thousand (YoY -43.9%), Solar Power Sales Business ¥195,810 thousand (YoY +7.0%), Life Create Business ¥189,391 thousand (YoY +6.4%) |
| Segment profit | Timber Business ¥113,911 thousand (YoY -35.8%), House & Eco Business ¥-9,819 thousand, Solar Power Sales Business ¥127,936 thousand (YoY +17.8%), Life Create Business ¥12,515 thousand (YoY -3.1%) |
| Depreciation and amortization | ¥310,708 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4,168 thousand, Subsidy Income ¥7,103 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥6,114 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 1,783,006 |
| Treasury Shares at Period-End | 1,337 |
| Factors Behind Changes in Business Performance | Sluggish export packaging shipments due to U.S. trade policies, the slowdown in the Chinese economy, and the situation in the Middle East; delays in starting construction of large-scale projects and sluggish sales in the House & Eco Business; and higher expenses, including personnel costs, associated with strengthening the workforce. The Timber Business benefited from price increases, while the Solar Power Sales Business recorded higher electricity sales revenue due to favorable weather conditions. |
Items this document does not state (8)
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 the impact of U.S. trade policies, the slowdown in the Chinese economy, and sluggish export packaging shipments due to the situation in the Middle East, as well as delays in starting construction of large-scale projects and sluggish sales in the House & Eco Business, and higher expenses, including personnel costs, associated with strengthening its workforce. In contrast, the Timber Business benefited from the effect of price increases, while the Solar Power Sales Business recorded higher electricity sales revenue due to favorable weather conditions.