Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
68.3
Year-on-year decline in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales14,031¥ millionYear on year -9.8%Progress 90.2%
Operating profit266¥ millionYear on year -68.3%Progress 56.6%
Ordinary income367¥ millionYear on year -59.5%Progress 66.7%
Net income attributable to owners of the parent220¥ millionYear on year -66.0%Progress 71.0%
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¥11.85
Operating Margin1.9%
Financial position at period-end
Total assets16,985¥ million
of which net assets 11,355 ¥ millionEquity ratio 66.9%vs. prior year-end +7.3pt
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-699
Investment+63
Financials-185
Net change-821
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¥3,057 million
Segment revenueCommercial Kitchen Equipment Business ¥13,697 million (YoY -10.0%), Real Estate Leasing Business ¥341 million (YoY -3.1%)
Segment profitCommercial Kitchen Equipment Business ¥1,117 million (YoY -21.9%), Real Estate Leasing Business ¥189 million (YoY +1.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥15,550 million (YoY +10.8%)
Operating profit¥470 million (YoY +76.7%)
Ordinary income¥550 million (YoY +49.9%)
Net income¥310 million (YoY +40.9%)
Annual Dividend Forecast¥10 → ¥10（0.0%）
Payout ratioFiscal year ending March 2026 84.4% / Forecast for the fiscal year ending March 2027 60.0%
Factors Behind Changes in Business Performance
The operating environment remained challenging due to cost-conscious consumer behavior among major customers resulting from higher prices and declining real wages, rising utility and other costs, and labor shortages.
Disclosure regarding the going concern assumption
Not applicable.
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 consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsNot applicable.
Impairment lossAmount ¥13,894 thousand / Subject assets Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥30,601 thousand, Item Gain on sale of investment securities / Amount ¥155,734 thousand / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥2,706 thousand, Item Loss on sale of fixed assets / Amount ¥7,292 thousand, Item Impairment Losses / Amount ¥13,894 thousand, Item Impairment loss on membership rights / Amount ¥2,500 thousand, Item Environmental Measures Expense / Amount ¥62,000 thousand, Item Head office relocation costs / Amount ¥12,100 thousand
Depreciation and amortization¥398 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End23,818,257 shares
Treasury Shares at Period-End5,228,375 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥14,031 million (YoY -9.8%) |
| Operating profit | ¥266 million (YoY -68.3%) |
| Ordinary income | ¥367 million (YoY -59.5%) |
| Profit attributable to owners of the parent | ¥220 million (YoY -66.0%) |
| Net income per share | ¥11.85 |
| Operating Margin | 1.9% |
| Equity ratio | End of the current fiscal period 66.9% / End of previous period 59.6% |
| Total assets | ¥16,985 million |
| Net assets | ¥11,355 million |
| Cash flows from operating activities | ¥-699 million |
| Cash flows from investing activities | ¥63 million |
| Cash flows from financing activities | ¥-185 million |
| Cash and cash equivalents at end of period | ¥3,057 million |
| Full-year earnings forecast | Net Sales ¥15,550 million (YoY +10.8%) / Operating profit ¥470 million (YoY +76.7%) / Ordinary income ¥550 million (YoY +49.9%) / Net income ¥310 million (YoY +40.9%) |
| Annual Dividend Forecast | ¥10 → ¥10（0.0%） |
| Payout ratio | Fiscal year ending March 2026 84.4% / Forecast for the fiscal year ending March 2027 60.0% |
| Segment revenue | Commercial Kitchen Equipment Business ¥13,697 million (YoY -10.0%), Real Estate Leasing Business ¥341 million (YoY -3.1%) |
| Segment profit | Commercial Kitchen Equipment Business ¥1,117 million (YoY -21.9%), Real Estate Leasing Business ¥189 million (YoY +1.5%) |
| Depreciation and amortization | ¥398 million |
| Impairment loss | Amount ¥13,894 thousand / Subject assets Not disclosed |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥30,601 thousand, Item Gain on sale of investment securities / Amount ¥155,734 thousand / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥2,706 thousand, Item Loss on sale of fixed assets / Amount ¥7,292 thousand, Item Impairment Losses / Amount ¥13,894 thousand, Item Impairment loss on membership rights / Amount ¥2,500 thousand, Item Environmental Measures Expense / Amount ¥62,000 thousand, Item Head office relocation costs / Amount ¥12,100 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 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 23,818,257 shares |
| Treasury Shares at Period-End | 5,228,375 treasury shares |
| Factors Behind Changes in Business Performance | The operating environment remained challenging due to cost-conscious consumer behavior among major customers resulting from higher prices and declining real wages, rising utility and other costs, and labor shortages. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders 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.In addition to geopolitical risks, including the U.S. policy of raising tariffs, deteriorating Japan-China relations and heightened tensions surrounding Iran, the company continued to be affected by cost-conscious consumer behavior among its major customers due to higher prices and declining real wages, rising utility and other costs, and labor shortages. For the next fiscal year, the company plans to strengthen its sales efforts targeting the food-service industry and expand sales to the prepared-food sector, including food-processing plants and supermarkets.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.