2026 Fiscal Year 2Q Interim Financial Results Summary (Japanese GAAP, Consolidated)

Overview of Results

For the interim period, net sales were JPY 466 million, up 104.8% year over year, but operating loss amounted to JPY 66 million due to higher cost ratios in the construction consulting business. Non-operating income totaled JPY 220 million from gains such as trademark disposition and reversals of stock acquisition rights, resulting in a net income of JPY 137 million for the interim period and achieving profitability. Real estate investment drove higher sales among segments, while the fashion brand began collaborating. There is no change to the full-year outlook, and cash and deposits stand at approximately JPY 2,712 million.

Financial Position and Outlook

Total assets are JPY 5,352 million, net assets JPY 4,788 million, both increasing. Cash flows show an outflow of JPY 918 million from operating activities, an inflow of JPY 59 million from investing activities, and an inflow of JPY 348 million from financing activities, leading to a decrease in cash on hand. Regarding the going concern assumption, there is currently low uncertainty, and there is no major concern about liquidity. Going forward, the company plans to focus real estate investments domestically to reassess capital costs, strengthen human resources and expansion in construction consulting, and enhance collaboration with licensors for the fashion brand.