Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
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.
In the women's innerwear business, profitability deteriorated due to a decline in sales activity levels resulting from the aging of sales staff, difficulties in acquiring new customers, lower sales of existing staple apparel products, rising costs and increased inventory valuation losses attributable to sluggish sales. On the expense side, costs decreased because depreciation expense fell substantially as a result of the impairment loss on fixed assets recorded in the previous year, and because sales promotion expenses were reduced. In the sportswear business, strong sales of related products and sales events contributed to results, but the interim period resulted in a loss due to seasonality. In the fine bubble business, competition intensified due to new product launches by beauty appliance manufacturers and other factors.
The company has disclosed material events or conditions related to the going-concern assumption. Although two consecutive periods of operating losses represent events or conditions that may cast significant doubt on the company's ability to continue as a going concern, the company determined that no material uncertainty exists because it has sufficient cash on hand and a sufficient equity ratio. There are no applicable notes regarding the going-concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥5,996 million (YoY -2.2%) |
| Operating profit | ¥-229 million |
| Ordinary income | ¥-191 million |
| Profit attributable to owners of the parent | ¥-195 million |
| Net income per share | -¥13.13 |
| Equity ratio | End of the current fiscal period 77.3 / End of previous period 76.5 |
| Total assets | ¥16,314 million |
| Net assets | ¥12,670 million |
| Cash flows from operating activities | ¥430 million |
| Cash flows from investing activities | ¥-457 million |
| Cash flows from financing activities | ¥-427 million |
| Cash and cash equivalents at end of period | ¥2,638 million |
| Full-year earnings forecast | Net Sales ¥12,700 million (YoY -1.8%) / Operating profit ¥-235 million / Ordinary income ¥-240 million / Net income ¥-750 million |
| Annual Dividend Forecast | 8 yen → 8 yen（0.0%） |
| Segment revenue | Women’s innerwear business ¥5,059 million (YoY -10.5%) / Sportswear business ¥737 million (YoY +167.2%) / Fine-bubble business ¥181 million (YoY -11.4%) |
| Segment profit | Women’s innerwear business ¥-78 million / Sportswear business ¥-102 million / Fine-bubble business ¥-17 million |
| Depreciation and amortization | ¥80 million (depreciation and other amortization) |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Loss on disposal of non-current assets ¥0 million, Warehouse closure loss ¥8 million |
| Disclosure regarding the going concern assumption | The company has disclosed material events or conditions related to the going-concern assumption. Although two consecutive periods of operating losses represent events or conditions that may cast significant doubt on the company's ability to continue as a going concern, the company determined that no material uncertainty exists because it has sufficient cash on hand and a sufficient equity ratio. There are no applicable notes regarding the going-concern assumption. |
| 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 | No material changes were made to the cover page. However, the segment notes state that shares in オンヨネ株式会社 were acquired and the company was included in the scope of consolidation. |
| Material subsequent events | The company resolved to solicit applications for voluntary retirement. The target is approximately 25 people, the application period is from 9 November 2026 to 18 November 2026, and the retirement date is scheduled for 31 March 2027. An extraordinary loss of ¥426 million is expected in the fiscal year ending March 2027 for special additional payments and outplacement support costs. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 16,086,250 |
| Treasury Shares at Period-End | 1,260,928 |
| Factors Behind Changes in Business Performance | In the women's innerwear business, profitability deteriorated due to a decline in sales activity levels resulting from the aging of sales staff, difficulties in acquiring new customers, lower sales of existing staple apparel products, rising costs and increased inventory valuation losses attributable to sluggish sales. On the expense side, costs decreased because depreciation expense fell substantially as a result of the impairment loss on fixed assets recorded in the previous year, and because sales promotion expenses were reduced. In the sportswear business, strong sales of related products and sales events contributed to results, but the interim period resulted in a loss due to seasonality. In the fine bubble business, competition intensified due to new product launches by beauty appliance manufacturers and other factors. |
Items this document does not state (7)
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 profitability structure deteriorated due to a decline in sales activity levels resulting from the aging of sales staff, difficulties in acquiring new customers, lower sales of existing staple apparel products, rising costs and increased inventory valuation losses attributable to sluggish sales.