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Gross margin improved to 40.7%, and operating loss from core business narrowed. Recognition of ETH valuation gains turned ordinary income and net income positive. Revenue accumulation is expected heading into the busy second-half season.","jir_summary":"### Performance Highlights\nFirst-half net sales exceeded plan, driven by renewed growth in comic e-commerce. Gross margin improved to 40.7%, narrowing the loss. Recognition of ETH valuation gains resulted in positive ordinary income and net income. In the second half, the company aims to build on revenue and profit as it enters the busy season.\n\n### Assets, Financial Position and Outlook\nEquity ratio stands at 76.8%. The company continues a strategy of enhancing capital efficiency by increasing ETH holdings while combining domestic and international business growth. Revenue contribution from expanded events and e-commerce in the second half and income from ETH operations are expected.","jir_financial_highlights":"Net Sales: 1,472 million yen (Year-over-Year +9.2% (first half actuals))\nOperating Loss: -36.9 million yen (Excluding shareholder benefit expenses: -36.9 million yen; improved Year-over-Year)\nOrdinary Income: 194.4 million yen (Turned positive due to recognition of ETH valuation gains)\nNet Income Attributable to Owners of Parent: 191.0 million yen (Positive due to recognition of ETH valuation gains)\nEquity Ratio: 76.8% (Up 4.5 percentage points from the end of the previous fiscal year)","jir_category":"","jir_hashtags":"#CompanyIR, #Earnings, #PerformanceHighlights","jir_key_figures":"Net Sales: 1,472 million yen (first half actuals, Plan +9.2%)\nOperating Loss: -36.9 million yen (excluding shareholder benefits)\nOrdinary Income: 194.4 million yen (recognition of ETH valuation gains)","jir_meta_title":"TORICO Co., Ltd. \u2014 Performance Highlights & Earnings Summary | Second Quarter FY Ending March 2027","jir_meta_description":"TORICO Co., Ltd. second quarter FY ending March 2027 earnings summary: Net sales 1,472 million yen, reduced operating loss, and ordinary\/net income turned positive due to ETH valuation gains. Review of second-half growth strategy and focus areas.","jir_og_title":"TORICO Co., Ltd. Q2 Earnings Summary","jir_og_description":"TORICO Co., Ltd. Q2 earnings summary: Net sales exceeded plan; profitability improvement driven by ETH valuation gains and gross margin improvement. 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