Buffalo finished the year to March 2026 with lower sales but sturdier earnings. Consolidated net sales fell to ¥117.31bn from ¥143.11bn a year earlier, while ordinary income rose to ¥10.22bn from ¥9.03bn. The filing's summary also shows profit attributable to owners of parent at ¥8.07bn.
That mix matters more than the usual annual-report fog. Revenue cooled, but profit held up. The excerpt supplied with the filing does not spell out why, so the safe read is simply that Buffalo protected earnings better than its top line.
The balance sheet still gives the company some cushion. At year-end, the report lists total assets of ¥71.44bn, net assets of ¥43.00bn, an equity ratio of 60.0% and cash and cash equivalents of ¥27.22bn.
Buffalo also said in a same-day internal-control report that management judged financial-reporting controls effective as of March 31, 2026, after evaluating the parent and four consolidated subsidiaries. For investors, the short version is tidy enough: softer sales, better ordinary profit, and no obvious balance-sheet drama.