Revised forecast
Fiscal year ending November 2026 · Full yearPrevious forecast published 14 January 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
For the interim period, operating income decreased by ¥46 million due to lower orders, declines in factory operating rates and the gross profit margin resulting from selective order acceptance, and higher advertising and promotional expenses following the publication of the comprehensive catalog, among other factors. Full-year net income attributable to owners of the parent is expected to increase due to the recognition of gains on the sale of investment securities as an extraordinary gain, among other factors.
Extraordinary loss: Not disclosed. The filing states that gains on the sale of investment securities were recognized as an extraordinary gain, but the amount recognized is Not disclosed.
| Item | Details |
|---|---|
| Net Sales | 7,450 Millions of yen → 7,450 Millions of yen（0.0%） |
| Operating profit | 70 Millions of yen → 70 Millions of yen（0.0%） |
| Ordinary income | 75 Millions of yen → 75 Millions of yen（0.0%） |
| Profit attributable to owners of the parent | 40 Millions of yen → 90 Millions of yen（+125.0%） |
| Net income per share | ¥23.96 → ¥53.92 |
| Fiscal Period Covered | Fiscal year ending November 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 January 2026 |
| Previous-period results | Consolidated: net sales of ¥6,342 million, an operating loss of ¥122 million, an ordinary loss of ¥7 million, net income attributable to owners of the parent of ¥403 million, and earnings per share of ¥237.75. Non-consolidated: net sales of ¥6,352 million, an ordinary loss of ¥123 million, net income of ¥286 million, and earnings per share of ¥168.96. |
| Reason for the revision | For the interim period, operating income decreased by ¥46 million due to lower orders, declines in factory operating rates and the gross profit margin resulting from selective order acceptance, and higher advertising and promotional expenses following the publication of the comprehensive catalog, among other factors. Full-year net income attributable to owners of the parent is expected to increase due to the recognition of gains on the sale of investment securities as an extraordinary gain, among other factors. |
| Details and amount of extraordinary loss | Extraordinary loss: Not disclosed. The filing states that gains on the sale of investment securities were recognized as an extraordinary gain, but the amount recognized is Not disclosed. |
| Consolidated / non-consolidated | Consolidated/non-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.For the interim period, orders declined in the office furniture segment due to projects involving the discontinuation of production for certain custom-made products. In the architectural ancillary equipment and other segment, the company continued to selectively accept orders for small- and medium-sized projects and renovation projects. As a result, factory operating rates and the gross profit margin declined, while selling, general and administrative expenses also exceeded the forecast due to higher advertising and promotional expenses following the publication of the comprehensive catalog, among other factors. The increase in the full-year net income forecast is due to the recognition of gains on the sale of investment securities as an extraordinary gain, among other factors.