Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
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 declined due to changes in consumer needs and purchasing behavior, changes in the business environment surrounding department stores, a decrease in orders from major mass retailers, and sluggish consumption in China. In addition to reviewing the product mix and sales structure and reducing costs, the company implemented structural reforms, including withdrawing from 15 unprofitable stores, and recorded ¥194.080 million in structural reform costs as an extraordinary loss.
The company recognizes that events or conditions exist that may raise substantial doubt about its ability to continue as a going concern, but, based on its cash-flow plan, does not recognize any material uncertainty at this time. There are no matters to be disclosed in the notes regarding the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥1,359,541 thousand (YoY -6.4%) |
| Operating profit | ¥-361,240 thousand |
| Ordinary income | ¥-424,207 thousand |
| Profit attributable to owners of the parent | ¥-624,141 thousand |
| Equity ratio | End of the current fiscal period 76.6% / End of previous period 86.2% |
| Total assets | ¥6,908,939 thousand |
| Net assets | ¥5,298,655 thousand |
| Cash flows from operating activities | ¥-409,887 thousand |
| Cash flows from investing activities | ¥-3,294,459 thousand |
| Cash flows from financing activities | ¥2,762,979 thousand |
| Cash and cash equivalents at end of period | ¥2,074,127 thousand |
| Full-year earnings forecast | Net Sales Undecided / Operating profit Undecided / Ordinary income Undecided / Net income Undecided |
| Segment revenue | Kimono Business ¥310,457 thousand (YoY -5.9%), Fashion Business ¥632,295 thousand (YoY -4.9%), Materials Business ¥393,583 thousand (YoY -9.8%), Investment Business ¥0 thousand, Other ¥23,204 thousand (YoY +8.3%) |
| Segment profit | Kimono Business ¥-36,780 thousand, Fashion Business ¥-21,645 thousand, Materials Business ¥-16,945 thousand, Investment Business ¥-141,939 thousand, Other ¥-801 thousand |
| Depreciation and amortization | ¥1,393 thousand |
| Impairment loss | ¥0 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Restructuring Costs ¥194,080 thousand |
| Disclosure regarding the going concern assumption | The company recognizes that events or conditions exist that may raise substantial doubt about its ability to continue as a going concern, but, based on its cash-flow plan, does not recognize any material uncertainty at this time. There are no matters to be disclosed in the notes regarding the going concern assumption. |
| Changes in the scope of consolidation | New Number of companies 2 / Company name BTCJPN US LLC, BTCJPN Ltd. / Excluded Not disclosed |
| Material subsequent events | On 16 October 2026, the company entered into an exclusive sales agreement with UBTECH ROBOTICS LIMITED for designated humanoid robots and other products in Japan. The company paid an advance, but the amount was not disclosed due to confidentiality obligations, and its impact on earnings is currently difficult to estimate objectively. |
| Factors Behind Changes in Business Performance | Revenue declined due to changes in consumer needs and purchasing behavior, changes in the business environment surrounding department stores, a decrease in orders from major mass retailers, and sluggish consumption in China. In addition to reviewing the product mix and sales structure and reducing costs, the company implemented structural reforms, including withdrawing from 15 unprofitable stores, and recorded ¥194.080 million in structural reform costs as an extraordinary loss. |
Items this document does not state (13)
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.Factors cited for the decline in sales include changes in consumer needs and purchasing behavior, changes in the business environment surrounding department stores, a decrease in orders from major mass retailers, and sluggish consumption in China. The company also recorded expenses associated with structural reforms, including withdrawing from unprofitable stores and revaluing product inventories.