First-Quarter Financial Results for the Fiscal Year Ending April 2027 (Non-Consolidated)
MATSUMOTO INC. (filing company)
School yearbook business; general commercial printing business
The School Album segment was affected by a decrease in the order backlog at the beginning of the fiscal year, among other factors, while the General Commercial Printing segment was affected by the review of selling prices for major customers and an increase in event photo sales. The improvement in profitability was mainly due to reductions in labor costs and personnel expenses. The material uncertainty regarding the going-concern assumption relates to negative cash flow from operating activities, the seasonal concentration of sales and concerns over funding.
Operating loss of ¥96.589 million, ordinary loss of ¥99.857 million, quarterly net loss of ¥100.301 million
Cumulative first-quarter period of the fiscal year ending April 2027 (1 May 2026 to 31 July 2026)
The full-year earnings outlook is broadly tracking expectations, with no change from the earnings forecast announced on 15 June 2026.
Company response
A 40% reduction in the representative director's compensation was implemented to clarify management responsibility.
The company will promote efficiency through the optimisation of school album selling prices, reductions in labor costs and personnel expenses, and the consolidation and sale of sites, among other measures. For the time being, new capital investment will be limited to replacement investment.
| Item | Details |
|---|---|
| Event name | First-Quarter Financial Results for the Fiscal Year Ending April 2027 (Non-Consolidated) |
| Date of occurrence | 31 July 2026 (end of the current first quarter accounting period) |
| Subject Entity | MATSUMOTO INC. (filing company) |
| Target Locations / Products | School yearbook business; general commercial printing business |
| Cause | The School Album segment was affected by a decrease in the order backlog at the beginning of the fiscal year, among other factors, while the General Commercial Printing segment was affected by the review of selling prices for major customers and an increase in event photo sales. The improvement in profitability was mainly due to reductions in labor costs and personnel expenses. The material uncertainty regarding the going-concern assumption relates to negative cash flow from operating activities, the seasonal concentration of sales and concerns over funding. |
| Amount of Impact on Business Performance | Operating loss of ¥96.589 million, ordinary loss of ¥99.857 million, quarterly net loss of ¥100.301 million |
| Accounting period in which recognized | Cumulative first-quarter period of the fiscal year ending April 2027 (1 May 2026 to 31 July 2026) |
| Impact on Earnings Forecast | The full-year earnings outlook is broadly tracking expectations, with no change from the earnings forecast announced on 15 June 2026. |
| Directors' and officers' liability | A 40% reduction in the representative director's compensation was implemented to clarify management responsibility. |
| Outlook | The company will promote efficiency through the optimisation of school album selling prices, reductions in labor costs and personnel expenses, and the consolidation and sale of sites, among other measures. For the time being, new capital investment will be limited to replacement investment. |
Items this document does not state (15)
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 School Album segment reported lower revenue due mainly to a decrease in the order backlog at the beginning of the fiscal year. Profitability improved mainly as a result of reductions in labor costs and personnel expenses. The uncertainty regarding the going-concern assumption was attributed to negative cash flow from operating activities, seasonal timing differences between the collection of trade receivables and payments, and concerns over funding.