Results for this period
Third quarter1 June 2025–28 February 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. 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.
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.
The timber business was affected by sluggish sentiment toward home purchases, the off-season and construction delays caused by heavy snowfall. The distribution business was affected by weaker consumer sentiment due to rising prices. The construction business was affected by an increase in completed projects with low profit margins. The real estate leasing business was affected by the transfer and disposal of leased properties, while the automotive-related business was affected by declines in new and used vehicle sales. Improved margins and cost reductions in the distribution and real estate leasing businesses boosted profit.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 June 2025–28 February 2026 |
| Net Sales | ¥16,869 million (YoY -6.4%) |
| Operating profit | ¥-29 million |
| Ordinary income | ¥-144 million |
| Profit attributable to owners of the parent | ¥-202 million |
| Net income per share | −¥31.56 |
| Equity ratio | End of the current fiscal period 1.4 / End of previous period 2.7 |
| Total assets | ¥16,726 million |
| Net assets | ¥373 million |
| Cash and cash equivalents at end of period | ¥638,758 thousand |
| Full-year earnings forecast | Net Sales ¥26,700 million (YoY +10.4%) / Operating profit ¥400 million (YoY +80.0%) / Ordinary income ¥320 million (YoY +206.4%) / Net income ¥180 million |
| Annual Dividend Forecast | ¥0.5 → Undecided |
| Segment revenue | Timber ¥2,280,186 thousand (YoY -10.7%), Distribution ¥5,910,095 thousand (YoY -2.0%), Construction ¥2,032,235 thousand (YoY +4.5%), Real Estate Leasing ¥175,539 thousand (YoY -12.0%), Automotive-Related Business ¥6,178,335 thousand (YoY -12.8%) |
| Segment profit | Timber ¥-28,842 thousand, Distribution ¥94,870 thousand (YoY +16.8%), Construction ¥8,744 thousand (YoY -90.9%), Real Estate Leasing ¥114,594 thousand (YoY +0.9%), Automotive-Related Business ¥-27,162 thousand |
| Depreciation and amortization | ¥357,638 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥18,135 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥104 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 8,926,896 Shares |
| Treasury Shares at Period-End | 2,518,299 Shares |
| Factors Behind Changes in Business Performance | The timber business was affected by sluggish sentiment toward home purchases, the off-season and construction delays caused by heavy snowfall. The distribution business was affected by weaker consumer sentiment due to rising prices. The construction business was affected by an increase in completed projects with low profit margins. The real estate leasing business was affected by the transfer and disposal of leased properties, while the automotive-related business was affected by declines in new and used vehicle sales. Improved margins and cost reductions in the distribution and real estate leasing businesses boosted profit. |
Items this document does not state (11)
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 cited sluggish sentiment toward home purchases due to rising housing prices, construction delays caused by heavy snowfall, weaker consumer sentiment due to rising prices, declines in new and used vehicle sales, and an increase in completed projects with low profit margins. At the same time, it is working to improve margins and reduce costs, including costs of sales and selling, general and administrative expenses.