Results for this period
Interim period (second quarter)1 March 2026 to 31 August 2026Non-consolidated (standalone)Japanese 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.
Popularity of the Company’s proprietary-brand TOUR AD 2026 model shaft in the U.S. market; strong orders from foreign-affiliated golf club manufacturers; sales volumes of the Company’s proprietary-brand shafts exceeding initial expectations; positive contribution from foreign exchange fluctuations; improvement in gross profit margin.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥1,877 million (YoY +42.9%) |
| Operating profit | ¥381 million (YoY +880.4%) |
| Ordinary income | ¥417 million |
| Profit attributable to owners of the parent | ¥294 million |
| Net income per share | ¥45.35 |
| Equity ratio | End of the current fiscal period 73.4 / End of previous period 71.6 |
| Total assets | ¥7,136 million |
| Net assets | ¥5,236 million |
| Cash flows from operating activities | ¥562,640 thousand |
| Cash flows from investing activities | ¥-5,033 thousand |
| Cash flows from financing activities | ¥-357,701 thousand |
| Cash and cash equivalents at end of period | ¥3,379,843 thousand |
| Full-year earnings forecast | Net Sales ¥3,320 million (YoY +22.4%) / Operating profit ¥525 million (YoY +235.8%) / Ordinary income ¥509 million (YoY +136.1%) / Net income ¥334 million (YoY +132.0%) |
| Annual Dividend Forecast | ¥30 → ¥30（0.0%） |
| Depreciation and amortization | ¥99,859 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Insurance surrender value / Amount ¥4,633 thousand / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥323 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 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 6,945,600 shares |
| Treasury Shares at Period-End | 460,175 shares |
| Factors Behind Changes in Business Performance | Popularity of the Company’s proprietary-brand TOUR AD 2026 model shaft in the U.S. market; strong orders from foreign-affiliated golf club manufacturers; sales volumes of the Company’s proprietary-brand shafts exceeding initial expectations; positive contribution from foreign exchange fluctuations; improvement in gross profit margin. |
Items this document does not state (11)
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 popularity of the Company’s proprietary-brand TOUR AD 2026 model shaft in the U.S. market supported results, while strong orders from foreign-affiliated golf club manufacturers drove sales volumes of the Company’s proprietary-brand shafts above initial expectations. In addition, foreign exchange fluctuations made a positive contribution, resulting in higher sales and an improved gross profit margin.