Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published Announced on 14 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Approval of building confirmation applications took longer than expected due to the special characteristics of log houses and the wide geographical distribution of construction sites following amendments to the Building Standards Act. This affected construction progress, including the commencement of construction and delivery of building materials, delaying revenue recognition. In addition, the present value of future cash flows declined due to factors including higher discount rates resulting from rising interest rates, causing the recognition of impairment losses on assets held to exceed expectations.
Impairment loss: ¥290 million
| Item | Details |
|---|---|
| Net Sales | ¥11,700 million → ¥10,547 million（-9.8%） |
| Operating profit | ¥-420 million → ¥-594 million |
| Ordinary income | ¥-380 million → ¥-515 million |
| Profit attributable to owners of the parent | ¥-560 million → ¥-816 million |
| Net income per share | -135.99 yen → -197.38 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | Announced on 14 October 2025 |
| Previous-period results | Net sales: ¥10,990 million; operating loss: ¥491 million; ordinary loss: ¥384 million; net loss attributable to owners of the parent: ¥530 million; and loss per share: ¥130.13 (fiscal year ended March 2025) |
| Reason for the revision | Approval of building confirmation applications took longer than expected due to the special characteristics of log houses and the wide geographical distribution of construction sites following amendments to the Building Standards Act. This affected construction progress, including the commencement of construction and delivery of building materials, delaying revenue recognition. In addition, the present value of future cash flows declined due to factors including higher discount rates resulting from rising interest rates, causing the recognition of impairment losses on assets held to exceed expectations. |
| Details and amount of extraordinary loss | Impairment loss: ¥290 million |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Approval of building confirmation applications took longer than expected due to the special characteristics of log houses and the wide geographical distribution of construction sites following amendments to the Building Standards Act. This affected construction progress, including the commencement of construction and delivery of building materials, delaying revenue recognition. In addition, the present value of future cash flows declined due to factors including higher discount rates resulting from rising interest rates, causing impairment losses on assets held to exceed expectations.