Financial Summary for the Fiscal Year Ending November 2025 [Japanese GAAP] (Consolidated)

Overview of Business Performance

Consolidated results for the fiscal year ending November 2025 were net sales of 119,377 million yen (3.4% YoY increase), operating income of 11,913 million yen (2.3% YoY increase), ordinary income of 12,967 million yen (7.2% YoY increase), and net income attributable to owners of parent of 9,090 million yen (1.3% YoY increase). Sales and profits increased due to the contribution from the newly consolidated Industrial Equipment segment and strong performance in the Lifestyle Distribution segment. By segment, the Textile segment reported net sales of 30,282 million yen (4.0% decrease YoY) and operating income of 2,645 million yen (23.5% decrease YoY), while the Industrial Equipment segment recorded substantial gains with net sales of 35,177 million yen (14.1% increase YoY) and operating income of 2,875 million yen (45.8% increase YoY). The Lifestyle Distribution segment also performed well, with net sales of 23,199 million yen (3.0% increase YoY) and operating income of 1,051 million yen (24.1% increase YoY).

Financial Condition and Dividend Status

At the end of the fiscal year ending November 2025, total assets stood at 189,756 million yen, net assets at 132,152 million yen, and the equity ratio was 69.4%. Cash and cash equivalents at the fiscal year-end were 31,293 million yen, decreasing compared to the previous year. The dividend is planned at 50 yen per share annually (interim 18 yen, year-end 32 yen), with a dividend payout ratio expected at 35.3%. For the fiscal year ending November 2026, earnings guidance forecasts net sales of 130,000 million yen (8.9% YoY increase), operating income of 13,000 million yen (9.1% YoY increase), and net income attributable to owners of parent of 9,500 million yen (4.5% YoY increase).