Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
25.7
%Wording
Conditional
How definitive the wording is.Results for this period
Full year1 September 2025–31 August 2026ConsolidatedJapanese GAAPNet Sales106,656¥ millionYear on year +25.7%Progress 92.7%
Operating profit5,780¥ millionYear on year +297.6%Progress 85.6%
Ordinary income5,399¥ millionYear on year +310.4%Progress 87.2%
Net income attributable to owners of the parent3,073¥ millionYear on year +350.7%
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¥233.15
Operating Margin5.4%
Financial position at period-end
Total assets36,808¥ million
of which net assets 10,544 ¥ millionEquity ratio 27.9%vs. prior year-end +4.1pt
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 inflows and outflows
Operating+2,467
Investment-1,601
Financials+1,009
Net change+1,875
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥7,227 million
Regional sales
Japan95,364,16344.7%
United States3,235,6971.5%
China2,731,2811.3%
Other5,325,1522.5%
Total106,656,29450.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥115,000 million (YoY +7.8%)
Operating profit¥6,750 million (YoY +16.8%)
Ordinary income¥6,190 million (YoY +14.6%)
Profit attributable to owners of the parent¥4,000 million (YoY +30.2%)
Annual Dividend Forecast¥45 → ¥55（+22.2%）
Payout ratio18.1%
Factors Behind Changes in Business Performance
Strong and expanded procurement, rising bullion prices, growth in retail sales driven by the results of investment in retail operations, expanded overseas procurement, growth in auction fee revenue, and a higher proportion of revenue from retail sales, among other factors.
Disclosure regarding the going concern assumption
No applicable matters. The notes on the going concern assumption state that there are 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
Changes in the scope of consolidationThere were no material changes to the scope of consolidation during the period. The number and names of companies added or excluded were not disclosed.
Material subsequent eventsNot applicable.
Impairment loss¥494.613 million. Includes impairment loss recognized on tangible fixed assets and other assets related to the automotive business.
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of subscription rights to shares ¥43,155 thousand / Extraordinary loss Impairment Losses ¥494,613 thousand
Depreciation and amortization¥1,434 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End13,934,450 shares
Treasury Shares at Period-End752,510 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–31 August 2026 |
| Net Sales | ¥106,656 million (YoY +25.7%) |
| Operating profit | ¥5,780 million (YoY +297.6%) |
| Ordinary income | ¥5,399 million (YoY +310.4%) |
| Profit attributable to owners of the parent | ¥3,073 million (YoY +350.7%) |
| Net income per share | ¥233.15 |
| Operating Margin | 5.4% |
| Equity ratio | End of the current fiscal period 27.9% / End of previous period 23.8% |
| Total assets | ¥36,808 million |
| Net assets | ¥10,544 million |
| Cash flows from operating activities | ¥2,467 million |
| Cash flows from investing activities | ¥-1,601 million |
| Cash flows from financing activities | ¥1,009 million |
| Cash and cash equivalents at end of period | ¥7,227 million |
| Full-year earnings forecast | Net Sales ¥115,000 million (YoY +7.8%) / Operating profit ¥6,750 million (YoY +16.8%) / Ordinary income ¥6,190 million (YoY +14.6%) / Profit attributable to owners of the parent ¥4,000 million (YoY +30.2%) |
| Annual Dividend Forecast | ¥45 → ¥55（+22.2%） |
| Payout ratio | 18.1% |
| Regional sales | Japan ¥95,364,163 thousand / United States ¥3,235,697 thousand / China ¥2,731,281 thousand / Other ¥5,325,152 thousand / Total ¥106,656,294 thousand |
| Depreciation and amortization | ¥1,434 million |
| Impairment loss | ¥494.613 million. Includes impairment loss recognized on tangible fixed assets and other assets related to the automotive business. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on reversal of subscription rights to shares ¥43,155 thousand / Extraordinary loss Impairment Losses ¥494,613 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. The notes on the going concern assumption state that there are 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 | There were no material changes to the scope of consolidation during the period. The number and names of companies added or excluded were not disclosed. |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (participants not specified) |
| Issued Shares at Period-End | 13,934,450 shares |
| Treasury Shares at Period-End | 752,510 shares |
| Factors Behind Changes in Business Performance | Strong and expanded procurement, rising bullion prices, growth in retail sales driven by the results of investment in retail operations, expanded overseas procurement, growth in auction fee revenue, and a higher proportion of revenue from retail sales, among other factors. |
Items this document does not state (5)
Revision to Earnings ForecastShareholder Return PolicySegment revenueSegment profitOrders received and order backlog
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.Strong procurement, expanded procurement in Japan and overseas, growth in retail sales driven by the results of investment in retail operations, rising bullion prices, and growth in auction fee revenue, among other factors.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.