Results for this period
Full year1 April 2025–31 March 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In the housing industry, housing starts remained at a low level and price competition intensified. In the core prefabrication business, equipment adjustments took longer than expected, while passing on increases in material prices also proved difficult. Upfront investment in equipment and personnel further pressured earnings.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥15,589 million (YoY +1.1%) |
| Operating profit | ¥-56 million |
| Ordinary income | ¥-60 million |
| Profit attributable to owners of the parent | ¥-127 million |
| Net income per share | -¥28.66 |
| Operating Margin | Current fiscal year -0.4 % / Previous period 1.2 % |
| Equity ratio | End of the current fiscal period 55.7 % / End of previous period 57.7 % |
| Total assets | ¥10,949 million |
| Net assets | ¥6,097 million |
| Cash flows from operating activities | ¥-264 million |
| Cash flows from investing activities | ¥-674 million |
| Cash flows from financing activities | ¥484 million |
| Cash and cash equivalents at end of period | ¥743 million |
| Full-year earnings forecast | Period Covered 1 April 2026 to 31 March 2027 / Net Sales ¥16,765 million (YoY +7.5%) / Operating profit ¥135 million / Ordinary income ¥110 million / Net income for the current fiscal year ¥45 million |
| Annual Dividend Forecast | ¥20 → ¥20（0.0%） |
| Payout ratio | Fiscal year ending March 2026 Not disclosed / Fiscal year ending March 2027 (forecast) 198.4 % |
| Segment revenue | Interior Construction Materials Business ¥8,289 million (YoY -1.1%), Wooden Structures Business ¥7,287 million (YoY +3.7%), Other ¥12 million (YoY -14.8%) |
| Segment profit | Interior Construction Materials Business ¥-22 million, Wooden Structures Business ¥-37 million, Other ¥4 million (YoY -33.7%) |
| Depreciation and amortization | ¥236 million |
| Impairment loss | ¥1 million |
| Breakdown of extraordinary income (loss) | Extraordinary income No / Extraordinary loss Loss on disposal and sale of fixed assets ¥27 million, Impairment Losses ¥1 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 No / Restatement No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no target participants specified) |
| Issued Shares at Period-End | 4,673,250 Shares |
| Treasury Shares at Period-End | 209,815 Shares |
| Factors Behind Changes in Business Performance | In the housing industry, housing starts remained at a low level and price competition intensified. In the core prefabrication business, equipment adjustments took longer than expected, while passing on increases in material prices also proved difficult. Upfront investment in equipment and personnel further pressured earnings. |
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.The factors cited include sluggish housing starts, weaker demand resulting from higher home prices, intensifying price competition, difficulty passing on cost increases stemming from higher material prices, prolonged equipment adjustments for the new prefabrication line, and upfront investment in equipment and personnel.