Results for this period
Interim period (second quarter)1 March 2026 to 31 August 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.
In the logistics business, shipment volumes from the customer with the largest share declined substantially, and lower warehouse utilization, increased vacant warehouse space and the burden of fixed costs such as labor costs were the main causes of the deterioration in earnings. In the systems sales business, the company experienced the reaction to the recognition of revenue from a large-scale systems development project, as well as delays in the timing of revenue recognition due to additional requirements definition and an increase in project phases for a large-scale project.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥10,271 million (YoY +18.6%) |
| Operating profit | ¥-58 million |
| Ordinary income | ¥-73 million |
| Profit attributable to owners of the parent | ¥-135 million |
| Net income per share | ¥(13.36) |
| Equity ratio | End of the current fiscal period 15 / End of previous period 19.2 |
| Total assets | ¥13,073 million |
| Net assets | ¥1,964 million |
| Cash flows from operating activities | ¥603,424 thousand |
| Cash flows from investing activities | ¥-669,425 thousand |
| Cash flows from financing activities | ¥960,411 thousand |
| Cash and cash equivalents at end of period | ¥3,340,302 thousand |
| Revision to Earnings Forecast | Net Sales Full-year forecast withdrawn / Operating profit Full-year forecast withdrawn / Ordinary income Full-year forecast withdrawn / Net income Full-year forecast withdrawn |
| Annual Dividend Forecast | ¥10 → ¥10 |
| Segment revenue | Logistics ¥9,191,784 thousand (YoY +22.8%) / Systems Sales Business ¥307,989 thousand (YoY -40.0%) / Commerce DX Business ¥116,140 thousand (YoY +38.4%) / Cyber security business ¥16,225 thousand (YoY +1,928.2%) / Estate Leasing Business ¥549,362 thousand (YoY +8.1%) / Other Businesses ¥90,163 thousand (YoY +32.1%) |
| Segment profit | Logistics ¥-191,322 thousand / Systems Sales Business ¥-4,756 thousand / Commerce DX Business ¥19,351 thousand (YoY -38.4%) / Cyber security business ¥1,990 thousand (YoY +148.8%) / Estate Leasing Business ¥140,994 thousand (YoY +28.1%) / Other Businesses ¥-23,625 thousand |
| Depreciation and amortization | ¥170,596 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Insurance proceeds received ¥30,325 thousand / Gain on sale of non-current assets ¥11,726 thousand / Other ¥2,661 thousand / Total ¥44,712 thousand / Extraordinary loss Compensation for damages ¥6,655 thousand / Loss on warehouse relocation ¥18,236 thousand / Other ¥4,763 thousand / Total ¥29,656 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 |
| Changes in the scope of consolidation | New Number of companies 2 / Company name Cyber Governance Lab株式会社, K2 Continuity Re,Inc. / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 10,308,150 Shares |
| Treasury Shares at Period-End | 156,543 Shares |
| Factors Behind Changes in Business Performance | In the logistics business, shipment volumes from the customer with the largest share declined substantially, and lower warehouse utilization, increased vacant warehouse space and the burden of fixed costs such as labor costs were the main causes of the deterioration in earnings. In the systems sales business, the company experienced the reaction to the recognition of revenue from a large-scale systems development project, as well as delays in the timing of revenue recognition due to additional requirements definition and an increase in project phases for a large-scale project. |
Items this document does not state (6)
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 the logistics business, shipment volumes from the customer with the largest share declined substantially, worsening earnings through lower warehouse utilization, increased vacant warehouse space and the burden of fixed costs such as labor costs. In the systems sales business, the timing of revenue recognition was delayed due to additional requirements definition and an increase in project phases for a large-scale project. The full-year forecast was withdrawn so that it could more cautiously and appropriately reflect future business trends, and will be reissued after further review.