Results for this period
Interim period (second quarter)1 April 2026–30 September 2026Non-consolidated (standalone)Japanese 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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
There were 2 new IPOs among portfolio companies and 1 major exit through M&A, while capital gains were below the level of the previous fiscal year. Management fees increased with the launch of the SV8 series, while performance fees declined partly because exits remained at a low level.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 5,968 Millions of yen |
| Operating profit | 1,570 Millions of yen |
| Ordinary income | 1,498 Millions of yen |
| Profit attributable to owners of the parent | 1,488 Millions of yen |
| Net income per share | ¥28.27 |
| Equity ratio | End of the current fiscal period 84.7 / End of previous period 85 |
| Total assets | 159,062 Millions of yen |
| Net assets | 134,729 Millions of yen |
| Cash flows from operating activities | 5,670 Millions of yen |
| Cash flows from investing activities | -3,204 Millions of yen |
| Cash flows from financing activities | -3,526 Millions of yen |
| Cash and cash equivalents at end of period | 60,122 Millions of yen |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Reason No earnings forecast provided |
| Annual Dividend Forecast | ¥133 per share → ¥133 per share（0.0%） |
| Shareholder Return Policy | The annual dividend will be the higher of an amount based on a DOE of 6% (the ratio of annual dividends to shareholders’ equity at the end of the previous fiscal year) and a payout ratio of 50%. The interim dividend will be based on a DOE of 3%. |
| Depreciation and amortization | 16 Millions of yen |
| Impairment loss | 168 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income None (total extraordinary gains: —) / Extraordinary loss None (total extraordinary losses: —) |
| 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 |
| Changes in the scope of consolidation | New: 0 companies. Excluded or transferred: 2 companies (JAFCO Investment (Asia Pacific) Ltd. [now JIF Capital Ltd.; transferred in October 2025], ジャフコ コンサルティング株式会社 [excluded at the end of the third quarter of the previous fiscal year]). This was not a change during the interim period. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 54,250,000 |
| Treasury Shares at Period-End | 1,590,462 |
| Factors Behind Changes in Business Performance | There were 2 new IPOs among portfolio companies and 1 major exit through M&A, while capital gains were below the level of the previous fiscal year. Management fees increased with the launch of the SV8 series, while performance fees declined partly because exits remained at a low level. |
Items this document does not state (8)
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 company transitioned to non-consolidated accounting following the transfer of a consolidated subsidiary and its exclusion from the scope of consolidation, so it did not prepare interim financial statements for the same period of the previous year and has not performed a comparative analysis. It also states that, because earnings are highly volatile due to strong exposure to the stock market and the market for new listings, it is difficult to make a reasonable earnings forecast.