Konoike Co., Ltd. reported non-consolidated sales of ¥1.651bn for the six months ended March 31, versus ¥1.677bn a year earlier. Ordinary income rose to ¥112mn from ¥86mn, and net income rose to ¥74mn from ¥54mn.
The latest half-year result also exceeded the previous full-year total on both profit lines. Ordinary income was above the ¥103mn reported for the year ended September 2025, and net income was above the previous full year's ¥45mn. Revenue was not: the previous full year's sales were ¥3.318bn.
| Metric | Six months to Mar. 2026 | Six months to Mar. 2025 | Year to Sep. 2025 |
|---|---|---|---|
| Sales | ¥1.651bn | ¥1.677bn | ¥3.318bn |
| Ordinary income | ¥112mn | ¥86mn | ¥103mn |
| Net income | ¥74mn | ¥54mn | ¥45mn |
| Operating cash flow | ¥13mn | ¥120mn | ¥140mn |
| Net assets | ¥423mn | ¥369mn | ¥361mn |
| Equity-to-asset ratio | 0.221 | 0.192 | 0.184 |
The March 31 balance sheet showed total assets of ¥1.908bn, against ¥1.922bn a year earlier and ¥1.961bn at the end of September 2025. Net assets were ¥423mn, up from ¥369mn a year earlier and ¥361mn at the previous fiscal year-end. The equity-to-asset ratio was 0.221, versus 0.192 a year earlier and 0.184 at the end of September.
Per-share figures moved the same way. Basic earnings per share was 5.68, above 4.22 a year earlier and 3.49 for the previous full year, while net assets per share were 32.52 against 28.34 a year earlier and 27.74 at the end of September. The filing also listed capital stock of ¥78mn and 13.02mn issued shares at March 31.
Operating cash flow was much smaller. Net cash provided by operating activities was ¥13mn for the six months ended March 31, down from ¥120mn in the prior-year period and below the ¥140mn reported for the previous full year. Cash and cash equivalents at period end were ¥781mn, versus ¥773mn a year earlier.
The excerpt available in the evidence packet is mostly a run of summary financial lines rather than management narrative. For outside readers, the disclosed numbers show lower sales, higher reported profit, and a far smaller operating cash inflow. The excerpt does not explain the drivers or give an outlook for the second half, so it provides a snapshot of the first half, not an explanation for the gap between profit and operating cash flow.