The Yokohama-based company reported a net loss of ¥731 million, a sharp increase from the ¥162 million loss recorded in the previous fiscal year. Revenue for the period fell to ¥2.06 billion, down from ¥2.31 billion a year earlier, reflecting a challenging environment for the firm’s core operations.

Deepening Operational Deficits

According to the company's latest financial filing, operational performance also weakened. The operating loss widened to ¥140 million compared to ¥112 million in the prior period. Pretax losses followed a similar trajectory, increasing to ¥126 million as the company struggled to offset declining sales with sufficient cost-containment measures.

The financial results, prepared under Japanese accounting standards, highlight a significant drop in shareholder value. Earnings per share plummeted to a loss of ¥157.46, compared to a loss of ¥35.13 in the preceding year.

Key performance indicators for the fiscal year include:

• Total Revenue: ¥2.06 billion
• Operating Loss: ¥140 million
• Net Loss: ¥731 million