Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
80
Year-on-year decline in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales8,838¥ millionYear on year -3.4%Progress 24.2%
Operating profit93¥ millionYear on year -80.0%Progress 9.3%
Ordinary income130¥ millionYear on year -74.6%Progress 13.0%
Net income attributable to owners of the parent19¥ millionYear on year -94.4%Progress 2.7%
The 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.
Net income per share¥2.02
Financial position at period-end
Total assets22,898¥ million
of which net assets 15,035 ¥ millionEquity ratio 65.4%vs. prior year-end +5.8pt
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.
Cash and cash equivalents at end of period¥6,169,035 thousand
Segment revenueFurniture and household goods business ¥4,858,469 thousand (YoY +3.0%), Fashion accessories business ¥2,897,406 thousand (YoY -13.9%), Consumer Electronics Business ¥491,244 thousand (YoY -22.0%)
Segment profitFurniture and household goods business ¥312,274 thousand, Fashion accessories business ¥94,727 thousand, Consumer Electronics Business ¥-162,501 thousand
Regional sales¥6,323,066 thousand, ¥1,108,073 thousand, ¥762,324 thousand, ¥638,952 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,500 million (YoY +0.5%)
Operating profit¥1,000 million (YoY -2.6%)
Ordinary income¥1,000 million (YoY -13.5%)
Net income¥700 million (YoY +23.1%)
Annual Dividend Forecast¥31 → ¥31（0.0%）
Factors Behind Changes in Business Performance
Revenue increased in the furniture and household goods business, while it declined in the fashion accessories and consumer electronics businesses. On the profit side, results were affected by lower revenue, a decline in the gross margin due to clearance sales of inventory following the dissolution of ベネクシー, and costs related to the closure of the consumer electronics factory in China and amortization of goodwill.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Material subsequent eventsThe board of directors resolved at its meeting held on 31 July 2026 to dissolve and liquidate 三發電器製造廠有限公司, an indirectly held consolidated subsidiary. Completion of the liquidation is scheduled for 30 September 2027.
Impairment lossNo impairment loss recognized in the current period (¥0 thousand)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥36,382 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥45 thousand, Loss on Liquidation of Affiliates ¥6,609 thousand
Depreciation and amortization¥51,423 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End10,211,784 Shares
Treasury Shares at Period-End654,306 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥8,838 million (YoY -3.4%) |
| Operating profit | ¥93 million (YoY -80.0%) |
| Ordinary income | ¥130 million (YoY -74.6%) |
| Profit attributable to owners of the parent | ¥19 million (YoY -94.4%) |
| Net income per share | ¥2.02 |
| Equity ratio | End of the current fiscal period 65.4% / End of previous period 59.6% |
| Total assets | ¥22,898 million |
| Net assets | ¥15,035 million |
| Cash and cash equivalents at end of period | ¥6,169,035 thousand |
| Full-year earnings forecast | Net Sales ¥36,500 million (YoY +0.5%) / Operating profit ¥1,000 million (YoY -2.6%) / Ordinary income ¥1,000 million (YoY -13.5%) / Net income ¥700 million (YoY +23.1%) |
| Annual Dividend Forecast | ¥31 → ¥31（0.0%） |
| Segment revenue | Furniture and household goods business ¥4,858,469 thousand (YoY +3.0%), Fashion accessories business ¥2,897,406 thousand (YoY -13.9%), Consumer Electronics Business ¥491,244 thousand (YoY -22.0%) |
| Segment profit | Furniture and household goods business ¥312,274 thousand, Fashion accessories business ¥94,727 thousand, Consumer Electronics Business ¥-162,501 thousand |
| Regional sales | ¥6,323,066 thousand, ¥1,108,073 thousand, ¥762,324 thousand, ¥638,952 thousand |
| Depreciation and amortization | ¥51,423 thousand |
| Impairment loss | No impairment loss recognized in the current period (¥0 thousand) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥36,382 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥45 thousand, Loss on Liquidation of Affiliates ¥6,609 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | The board of directors resolved at its meeting held on 31 July 2026 to dissolve and liquidate 三發電器製造廠有限公司, an indirectly held consolidated subsidiary. Completion of the liquidation is scheduled for 30 September 2027. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 10,211,784 Shares |
| Treasury Shares at Period-End | 654,306 Shares |
| Factors Behind Changes in Business Performance | Revenue increased in the furniture and household goods business, while it declined in the fashion accessories and consumer electronics businesses. On the profit side, results were affected by lower revenue, a decline in the gross margin due to clearance sales of inventory following the dissolution of ベネクシー, and costs related to the closure of the consumer electronics factory in China and amortization of goodwill. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogChanges in the scope of consolidation
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 primary factor was the decline in the gross margin of the fashion accessories business due to clearance sales of inventory following the dissolution of ベネクシー, in addition to lower revenue. The consumer electronics business also incurred costs related to the closure of its China factory and amortization of goodwill, and its loss widened as a result of lower revenue and these costs.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.