ASULINA's results for the fiscal year ended August 2026 showed revenue rising 46% year on year to ¥886 million due to the effect of making subsidiaries, while an operating loss of ¥322 million and four consecutive years of losses raised substantial doubt about the going-concern assumption.
Revenue for the fiscal year ended August 2026 increased 46.0% year on year to ¥886 million. The main factor was the contribution from the live-commerce business following the consolidation of MF6 as a subsidiary in March 2026. However, the company reported an operating loss of ¥322 million, an ordinary loss of ¥333 million and a net loss attributable to owners of the parent of ¥301 million, marking four consecutive years of losses.
The consolidated business segments are the Environmental Energy Business, Sustainable Business and Live Commerce Business. Live-commerce revenue was newly reported at ¥791 million.
On the balance sheet, total assets rose 28.2% from the end of the previous fiscal year to ¥1.568 billion. Cash and deposits declined substantially, while net assets increased; the equity ratio nevertheless fell to 49.0%.
Cash flow from operating activities was negative ¥592 million, investing activities were negative ¥48 million and financing activities were positive ¥262 million. Cash and cash equivalents at the end of the fiscal year declined to ¥179 million. Revenue is expected to grow substantially in the next fiscal year, but the company expects to remain in the red.
The dividend for the fiscal year ended August 2026 was undecided but ultimately zero, while the dividend policy for the fiscal year ending August 2027 remains undecided.