Results for this period
Interim period (second quarter)1 December 2025–31 May 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.
Revenue from office furniture increased due to the expansion of solution sales and other factors, while revenue from household furniture and building-related equipment declined. Higher costs resulting from raw material prices and the weaker yen, lower factory utilization, and increased personnel and advertising expenses weighed on profit. The company nevertheless pursued measures including passing higher costs through to selling prices, billing for ancillary expenses, reducing costs, and improving margins through selective order acceptance.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025–31 May 2026 |
| Net Sales | ¥3,484 million (YoY +0.2%) |
| Operating profit | ¥-21 million |
| Ordinary income | ¥-17 million |
| Profit attributable to owners of the parent | ¥37 million (YoY +20.7%) |
| Net income per share | ¥22.30 |
| Equity ratio | End of the current fiscal period 57.5 / End of previous period 56.7 |
| Total assets | ¥8,235 million |
| Net assets | ¥4,738 million |
| Cash flows from operating activities | ¥341,828 thousand |
| Cash flows from investing activities | ¥-16,103 thousand |
| Cash flows from financing activities | ¥19,652 thousand |
| Cash and cash equivalents at end of period | ¥1,371,728 thousand |
| Full-year earnings forecast | Net Sales ¥7,450 million (YoY +17.5%) / Operating profit ¥70 million / Ordinary income ¥75 million / Net income ¥90 million (YoY -77.7%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 7,450 / Operating profit 70 / Ordinary income 75 / Net income 90 |
| Annual Dividend Forecast | Previous-period results 40 → Current fiscal year forecast 40（0.0%） |
| Segment revenue | Furniture-related ¥2,775,435 thousand (YoY +9.4%), Building ancillary equipment ¥708,742 thousand (YoY -24.7%) |
| Segment profit | Furniture-related ¥154,321 thousand (YoY -34.0%), Building ancillary equipment ¥-41,086 thousand |
| Depreciation and amortization | ¥70,505 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2,608 thousand, Gain on sale of investment securities ¥75,418 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥188 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 | Added: 0 companies (no company names); excluded: 0 companies (no company names) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 1,857,113 |
| Treasury Shares at Period-End | 187,946 |
| Factors Behind Changes in Business Performance | Revenue from office furniture increased due to the expansion of solution sales and other factors, while revenue from household furniture and building-related equipment declined. Higher costs resulting from raw material prices and the weaker yen, lower factory utilization, and increased personnel and advertising expenses weighed on profit. The company nevertheless pursued measures including passing higher costs through to selling prices, billing for ancillary expenses, reducing costs, and improving margins through selective order acceptance. |
Items this document does not state (6)
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 explained that, while it pursued measures to address higher costs for imported products resulting from rising raw material prices and the weaker yen, factory utilization declined due in part to the discontinuation of production for certain custom-made products. Personnel expenses increased as a result of staff expansion and improved employee compensation, while advertising expenses rose following the publication of a comprehensive catalog. Interim net income attributable to owners of the parent increased due to the recognition of extraordinary gains, including gains on sales of investment securities. The full-year forecast was revised “in light of recent business trends and other factors.”