For the third quarter of FY2026, consolidated net sales were 4,553 million yen, down 3.3% year-over-year. Operating loss was 230 million yen, ordinary loss was 195 million yen, and net loss attributable to owners of parent was -129 million yen. The full-year forecast has been revised: full-year sales for FY2026 are projected at 6,710 million yen, operating loss of -180 million yen, and net income expected to decline by approximately 70.2%. By segment, office furniture-related sales remain strong, but a decrease in custom orders lowered gross margin. 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Operating loss was 230 million yen, ordinary loss was 195 million yen, and net loss attributable to owners of parent was -129 million yen. The full-year forecast has been revised: full-year sales for FY2026 are projected at 6,710 million yen, operating loss of -180 million yen, and net income expected to decline by approximately 70.2%. By segment, office furniture-related sales remain strong, but a decrease in custom orders lowered gross margin. There is no going-concern note as profitability is expected to be restored.","jir_summary":"### Performance Overview\nKurogane Kosakusho Ltd. reported consolidated net sales of 4,553 million yen for the third quarter of FY2026 (a 3.3% decrease year-over-year), an operating loss of 230 million yen, an ordinary loss of 195 million yen, and a quarterly net loss attributable to owners of parent of 129 million yen. The primary factors were a decline in custom order volumes leading to lower gross margins and increased selling, general and administrative expenses. Meanwhile, strong orders in the office furniture division have continued, contributing to efforts to strengthen the revenue base. The full-year outlook for FY2026, based on the revised forecast already announced, is net sales of 6,710 million yen, an operating loss of 180 million yen, and an expected decrease in net income of approximately 70.2%.\n\n### Outlook and Strategy\nUnder the medium-term plan \"Power Up 2028\", the company will pursue expansion and stabilization of its revenue base. Initiatives include leveraging the expertise of U.S.-based Steelcase, expanding office design proposals, full-scale development of project management services, and promoting circular economy responses. The company will enhance sales productivity, talent development, and collaboration with external partners. On the financial side, it is securing working capital and stabilizing funding through the use of long-term borrowings.","jir_financial_highlights":"Net Sales: 4,553,329 (YoY -3.3%)\nOperating Loss: -230,682 (YoY -)\nOrdinary Loss: -195,135 (YoY -)\nNet Loss Attributable to Owners of Parent: -129,461 (YoY -)\nEquity Ratio: 59.1 (vs prior period)","jir_category":"","jir_hashtags":"#KuroganeKosakusho, #Earnings, #MidTermPlan Power Up 2028","jir_key_figures":"Net Sales: 4,553,329 thousand yen (YoY -3.3%)\nOperating Loss: -230,682 thousand yen\nNet Loss Attributable to Owners of Parent: -129,461 thousand yen\nFull-year Net Sales Forecast: 6,710 hundred million yen\nFull-year Operating Income Forecast: -180 hundred million yen\nFull-year Net Income Forecast: 71.89 yen\/shares (see notes)","jir_meta_title":"Kurogane Kosakusho Ltd. FY2026 Q3 Financial Summary | Net Sales 4,553 million yen, Operating Loss 230 million yen","jir_meta_description":"Summary of Kurogane Kosakusho Ltd.'s FY2026 third quarter consolidated financial summary. Net sales were 4,553 million yen, operating loss 2,306 million yen, net loss 1,299 million yen. Revised full-year outlook and strategy under Power Up 2028 are explained.","jir_og_title":"Kurogane Kosakusho Ltd. | FY2026 Third Quarter Financial Summary","jir_og_description":"Third quarter results for Kurogane Kosakusho Ltd.: net sales 4,553 million yen, operating loss 2,306 million yen. The company will expand its revenue base under Power Up 2028.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024\/12\\\",\\\"2025\/3\\\",\\\"2025\/6\\\",\\\"2025\/9\\\",\\\"2026\/12\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[4707.0,4553.3,? ,?,?]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024\/12\\\",\\\"2025\/3\\\",\\\"2025\/6\\\",\\\"2025\/9\\\",\\\"2026\/12\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[-102.7,-230.7,-180.0,?,?]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Office Furniture\\\",\\\"Building-Related Equipment\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[4553.3,?]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Gross Margin Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024\/12\\\",\\\"2025\/3\\\",\\\"2025\/6\\\",\\\"2025\/9\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Margin\\\",\\\"data\\\":[23.8,22.9,? ,?]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Forecast vs Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Net Income\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Forecast\\\",\\\"data\\\":[6710,-180,120]},{\\\"label\\\":\\\"Actual\\\",\\\"data\\\":[4553, -231, -129]}]}}\"}]","ir_related_company":61267,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-131571","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n