Material Uncertainty Regarding the Going Concern Assumption
株式会社ラピーヌ and the Lapine Group (including consolidated subsidiaries; 株式会社ラピーヌ夢ファーム is identified as the welfare business company)
Wholesale business, retail business and welfare business
The demand environment is difficult because consumers' preference for thrift has remained strong amid prolonged price inflation and consumers, particularly women in the mature segment, have adopted a cautious approach to spending. The company has continued to post operating losses since the 71st fiscal period (fiscal year ended February 2019), and posted an operating loss, ordinary loss and interim net loss attributable to owners of the parent in the interim consolidated accounting period, while cash flow from operating activities was negative.
Operating loss of ¥176 million, ordinary loss of ¥157 million, interim net loss attributable to owners of the parent of ¥80 million, and negative cash flow from operating activities of ¥109 million
Interim consolidated accounting period of the fiscal year ending February 2027 (1 March 2026 to 31 August 2026)
The full-year earnings forecast for the fiscal year ending February 2027 is unchanged from the forecast figures announced on 20 April 2026.
The company will work to stabilize its business and finances and resolve or improve the situation by reducing manufacturing costs, cutting selling, general and administrative expenses, continuing negotiations with lending financial institutions regarding the repayment schedule for loan principal, and monetizing assets owned by the company through sales and other measures.
| Item | Details |
|---|---|
| Event name | Material Uncertainty Regarding the Going Concern Assumption |
| Date of occurrence | 31 August 2026 (end of the interim consolidated accounting period) |
| Subject Entity | 株式会社ラピーヌ and the Lapine Group (including consolidated subsidiaries; 株式会社ラピーヌ夢ファーム is identified as the welfare business company) |
| Target Locations / Products | Wholesale business, retail business and welfare business |
| Cause | The demand environment is difficult because consumers' preference for thrift has remained strong amid prolonged price inflation and consumers, particularly women in the mature segment, have adopted a cautious approach to spending. The company has continued to post operating losses since the 71st fiscal period (fiscal year ended February 2019), and posted an operating loss, ordinary loss and interim net loss attributable to owners of the parent in the interim consolidated accounting period, while cash flow from operating activities was negative. |
| Amount of Impact on Business Performance | Operating loss of ¥176 million, ordinary loss of ¥157 million, interim net loss attributable to owners of the parent of ¥80 million, and negative cash flow from operating activities of ¥109 million |
| Accounting period in which recognized | Interim consolidated accounting period of the fiscal year ending February 2027 (1 March 2026 to 31 August 2026) |
| Impact on Earnings Forecast | The full-year earnings forecast for the fiscal year ending February 2027 is unchanged from the forecast figures announced on 20 April 2026. |
| Outlook | The company will work to stabilize its business and finances and resolve or improve the situation by reducing manufacturing costs, cutting selling, general and administrative expenses, continuing negotiations with lending financial institutions regarding the repayment schedule for loan principal, and monetizing assets owned by the company through sales and other measures. |
Items this document does not state (16)
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.In addition to the difficult demand environment caused by consumers' preference for thrift and cautious consumer sentiment amid prolonged price inflation, the company has continued to post operating losses since the 71st fiscal period (fiscal year ended February 2019), posted an operating loss, ordinary loss and interim net loss attributable to owners of the parent in the interim period, and recorded negative cash flow from operating activities.