Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
48
%Wording
Conditional
How definitive the wording is.Results for this period
Full year1 March 2025–28 February 2026ConsolidatedJapanese GAAPNet Sales63,970¥ millionYear on year +5.5%Progress 98.7%
Operating profit1,942¥ millionYear on year +48.0%Progress 99.6%
Ordinary income1,947¥ millionYear on year +43.3%Progress 99.8%
Net income attributable to owners of the parent1,615¥ millionYear on year +45.9%
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¥187.02
Operating MarginFiscal year ended February 2026: 3.0%; fiscal year ended February 2025: 2.2%
Financial position at period-end
Total assets50,877¥ million
of which net assets 32,555 ¥ millionEquity ratio 63.8%vs. prior year-end -0.1pt
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+2,505
Investment-288
Financials-1,303
Net change+914
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¥5,066 million
Segment revenueSegment Apparel and Textile-Related Business / FY ended February 2025 ¥53,841 million / Fiscal year ending February 2026 ¥56,742 million / Year-on-year (%) ¥5.4 million, Segment Rental Operations / FY ended February 2025 ¥885 million / Fiscal year ending February 2026 ¥917 million / Year-on-year (%) ¥3.6 million, Segment Materials Business / FY ended February 2025 ¥4,903 million / Fiscal year ending February 2026 ¥5,269 million / Year-on-year (%) ¥7.4 million, Segment Other (outside reportable segments) / FY ended February 2025 ¥1,002 million / Fiscal year ending February 2026 ¥1,041 million / Year-on-year (%) ¥3.9 million
Segment profitSegment Apparel and Textile-Related Business / FY ended February 2025 ¥461 million / Fiscal year ending February 2026 ¥952 million / Year-on-year (%) Not disclosed, Segment Rental Operations / FY ended February 2025 ¥562 million / Fiscal year ending February 2026 ¥576 million / Year-on-year (%) Not disclosed, Segment Materials Business / FY ended February 2025 ¥335 million / Fiscal year ending February 2026 ¥408 million / Year-on-year (%) Not disclosed, Segment Other (outside reportable segments) / FY ended February 2025 ¥-43 million / Fiscal year ending February 2026 ¥7 million / Year-on-year (%) Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥64,800 million (YoY +1.3%)
Operating profit¥1,950 million (YoY +0.4%)
Ordinary income¥1,950 million (YoY +0.1%)
Profit attributable to owners of the parent¥1,620 million (YoY +0.3%)
Annual Dividend Forecast¥45 → ¥50（+11.1%）
Payout ratioFiscal year ended February 2026: 24.1%; forecast for fiscal year ending February 2027: 26.0%
Shareholder Return PolicyAt least ¥500 million in annual shareholder returns
Factors Behind Changes in Business Performance
Strengthening the existing wholesale business, structural reforms including the review and restructuring of businesses that are difficult to monetize, expansion of human capital, and productivity improvements through accelerated DX
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Yes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 consolidation0 new companies and 0 excluded companies (no significant changes to the scope of consolidation during the period)
Material subsequent eventsNo applicable matters.
Impairment lossNone recorded for the fiscal year (impairment loss on the consolidated statement of income is shown as “—”)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥9 million, Gain on sale of investment securities ¥3 million / Extraordinary loss Loss on sale of investment securities ¥1 million
Depreciation and amortization¥303 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End8,800,000 Shares
Treasury Shares at Period-End312,265 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥63,970 million (YoY +5.5%) |
| Operating profit | ¥1,942 million (YoY +48.0%) |
| Ordinary income | ¥1,947 million (YoY +43.3%) |
| Profit attributable to owners of the parent | ¥1,615 million (YoY +45.9%) |
| Net income per share | ¥187.02 |
| Operating Margin | Fiscal year ended February 2026: 3.0%; fiscal year ended February 2025: 2.2% |
| Equity ratio | End of the current fiscal period 63.8 / End of previous period 63.9 |
| Total assets | ¥50,877 million |
| Net assets | ¥32,555 million |
| Cash flows from operating activities | ¥2,505 million |
| Cash flows from investing activities | ¥-288 million |
| Cash flows from financing activities | ¥-1,303 million |
| Cash and cash equivalents at end of period | ¥5,066 million |
| Full-year earnings forecast | Net Sales ¥64,800 million (YoY +1.3%) / Operating profit ¥1,950 million (YoY +0.4%) / Ordinary income ¥1,950 million (YoY +0.1%) / Profit attributable to owners of the parent ¥1,620 million (YoY +0.3%) |
| Annual Dividend Forecast | ¥45 → ¥50（+11.1%） |
| Payout ratio | Fiscal year ended February 2026: 24.1%; forecast for fiscal year ending February 2027: 26.0% |
| Shareholder Return Policy | At least ¥500 million in annual shareholder returns |
| Segment revenue | Segment Apparel and Textile-Related Business / FY ended February 2025 ¥53,841 million / Fiscal year ending February 2026 ¥56,742 million / Year-on-year (%) ¥5.4 million, Segment Rental Operations / FY ended February 2025 ¥885 million / Fiscal year ending February 2026 ¥917 million / Year-on-year (%) ¥3.6 million, Segment Materials Business / FY ended February 2025 ¥4,903 million / Fiscal year ending February 2026 ¥5,269 million / Year-on-year (%) ¥7.4 million, Segment Other (outside reportable segments) / FY ended February 2025 ¥1,002 million / Fiscal year ending February 2026 ¥1,041 million / Year-on-year (%) ¥3.9 million |
| Segment profit | Segment Apparel and Textile-Related Business / FY ended February 2025 ¥461 million / Fiscal year ending February 2026 ¥952 million / Year-on-year (%) Not disclosed, Segment Rental Operations / FY ended February 2025 ¥562 million / Fiscal year ending February 2026 ¥576 million / Year-on-year (%) Not disclosed, Segment Materials Business / FY ended February 2025 ¥335 million / Fiscal year ending February 2026 ¥408 million / Year-on-year (%) Not disclosed, Segment Other (outside reportable segments) / FY ended February 2025 ¥-43 million / Fiscal year ending February 2026 ¥7 million / Year-on-year (%) Not disclosed |
| Depreciation and amortization | ¥303 million |
| Impairment loss | None recorded for the fiscal year (impairment loss on the consolidated statement of income is shown as “—”) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥9 million, Gain on sale of investment securities ¥3 million / Extraordinary loss Loss on sale of investment securities ¥1 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 0 new companies and 0 excluded companies (no significant changes to the scope of consolidation during the period) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no target participants specified) |
| Issued Shares at Period-End | 8,800,000 Shares |
| Treasury Shares at Period-End | 312,265 Shares |
| Factors Behind Changes in Business Performance | Strengthening the existing wholesale business, structural reforms including the review and restructuring of businesses that are difficult to monetize, expansion of human capital, and productivity improvements through accelerated DX |
Items this document does not state (3)
Revision to Earnings ForecastRegional 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.The company stated that it is working to respond flexibly to customer needs, update its trading company functions, strengthen process management and quality systems, review and restructure businesses that are difficult to monetize, expand its human capital, and improve productivity by accelerating DX. Looking ahead, it cited the risk of higher crude oil and energy prices, as well as higher logistics and raw material costs, against the backdrop of the situation in the Middle East.
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.