Kougi (5603) Earnings: Operating Income Decreased by 94.5% YoY to 13 Million Yen

According to the latest financial results announced by Kougi (5603), net sales were 6,140 million yen (a decrease of 0.8% year-over-year), operating income stood at 13 million yen (a 94.5% decrease), ordinary income was 38 million yen (an 86.7% decrease), and net income attributable to owners of the parent was 31 million yen (an 84.7% decrease). Earnings per share (EPS) was recorded at 9.58 yen amid this revenue and profit contraction.

From a financial structure and valuation perspective, the equity ratio stands at 43.0%, maintaining a moderate level of stability, while interest-bearing debt is 9.29 billion yen and retained earnings are 8.91 billion yen. Furthermore, ROE and ROA are both reported at 0.00%, with the reference sum of operating profit and depreciation expense for April 1–June 30, 2026 at approximately 452 million yen (using published figures of 13 million yen plus 439 million yen; source: financial results), reflecting a phase where improving profitability remains a key focus.

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Correction (September 19, 2026)：The affected figures and reporting-period labels were corrected after checking the source disclosure. Source disclosure