Results for this period
Third quarter1 December 2025 to 31 August 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.
Discontinuation of production for some custom-made products, selective acceptance of orders in the architectural ancillary equipment and other business, lower factory utilization due to declining orders, and increases in personnel and advertising expenses.
Disclosure of significant events and other matters is included. Eight consecutive periods of operating losses have created circumstances that raise significant doubt, but no material uncertainty is recognized due to the measures taken, and no note on the going concern assumption has been included.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025 to 31 August 2026 |
| Net Sales | ¥4,553 million (YoY -3.3%) |
| Operating profit | ¥-230 million |
| Ordinary income | ¥-195 million |
| Profit attributable to owners of the parent | ¥-129 million |
| Net income per share | ¥77.56 |
| Equity ratio | End of the current fiscal period 59.1 / End of previous period 56.7 |
| Total assets | ¥7,848 million |
| Net assets | ¥4,640 million |
| Full-year earnings forecast | Net Sales ¥6,710 million (YoY +5.8%) / Operating profit ¥-180 million / Ordinary income ¥-130 million / Net income ¥120 million (YoY -70.2%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥6,710 million / Operating profit Not disclosed → ¥-180 million / Ordinary income Not disclosed → ¥-130 million / Net income Not disclosed → ¥120 million |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Segment revenue | Furniture-related ¥3,594,299 thousand (YoY +3.9%), Building ancillary equipment ¥959,029 thousand (YoY -23.2%) |
| Segment profit | Furniture-related ¥67,840 thousand (YoY -67.1%), Building ancillary equipment ¥-98,861 thousand |
| Depreciation and amortization | ¥107,984 thousand |
| Impairment loss | None recorded (the segment information states that there were no applicable items) |
| 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 | Disclosure of significant events and other matters is included. Eight consecutive periods of operating losses have created circumstances that raise significant doubt, but no material uncertainty is recognized due to the measures taken, and no note on the going concern assumption has been included. |
| 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; excluded: 0 companies |
| 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 | Discontinuation of production for some custom-made products, selective acceptance of orders in the architectural ancillary equipment and other business, lower factory utilization due to declining orders, and increases in personnel and advertising expenses. |
Items this document does not state (9)
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.Sales declined due to the discontinuation of production for some custom-made products and selective acceptance of orders in the architectural ancillary equipment and other business. The gross profit margin declined as lower orders reduced factory utilization, while personnel expenses increased due to workforce expansion and improved employee treatment, and advertising expenses rose due to the publication of a comprehensive catalog.