Saibo Co., Ltd.
3123・Standard Market・Textiles & Apparels
Textile Business
The Group's largest revenue segment, handling uniforms, raw yarn, printing processing, and related products
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year, FY2026 (ending March 2026)) | ¥4,977 million | ¥5,478 million | ↓ |
| Operating loss (full year, FY2026 (ending March 2026)) | -¥139 million | -¥321 million | ↑ |
| Segment assets (full year, FY2026 (ending March 2026)) | ¥2,542 million | ¥2,998 million | ↓ |
| Depreciation and amortization (full year, FY2026 (ending March 2026)) | ¥87 million | ¥91 million | ↓ |
| Increase in tangible and intangible fixed assets (full year, FY2026 (ending March 2026)) | ¥38 million | ¥6 million | ↑ |
Business Details
A core business of the Group. It manufactures and sells uniforms, apparel, promotional goods, rayon yarn, synthetic fiber yarn, synthetic fiber fabric, hemp fabric, and printed products, and also performs yarn sizing processing. Key subsidiaries are Cybo Create Corporation (printing) and Nichiu Sangyo Co., Ltd. (yarn sizing processing). Floria Corporation (embroidery lace) withdrew from business and was dissolved on September 30, 2025, and liquidation has been completed. The segment's mainstay is corporate uniforms and functional apparel, with AEON Mall Co., Ltd. as a major customer. Yen depreciation, rising raw material costs, and higher logistics costs constitute persistent cost pressures.
Recent Overview
Net sales fell 9.1% year on year, but the operating loss improved significantly from ¥321 million to ¥139 million
Net sales of the Textile Business for FY2026 (ending March 2026) were ¥4,977 million (down 9.1% year on year). Factors behind the revenue decline included the impact of production adjustments and weak outdoor-related sales at the Materials Department, as well as the loss of large-scale orders in printing processing and yarn sizing processing. On the other hand, the operating loss narrowed to ¥139 million, reflecting the absence of the ¥320 million allowance for doubtful accounts recorded in the prior period for a specific customer. For the next fiscal year, an increase in orders for uniforms and printing processing is expected, but net sales are forecast at ¥4,934 million due to the withdrawal from the lace business and the discontinuation of some products handled by the Materials Department.
Key Products
Growth Drivers
- Continued growing demand for model changes in corporate uniforms
- Steady demand for functional apparel such as heatstroke-prevention wear and air-conditioned clothing
- Maintaining stable order relationships with major customers in the printing processing business
- Promoting expanded sales of environmentally friendly products (polyester bio-yarn, recycled yarn)
- Efficiency gains in management resources following the completed withdrawal from the unprofitable Floria Corporation business
Risks
- Continued rise in procurement costs due to yen depreciation, rising raw material prices, and higher logistics costs
- Risk of inventory valuation write-downs (a write-down was implemented on certain uniforms in the current period)
- Volatility in performance depending on the presence or absence of large-scale orders (competitive allocation of management resources against printing processing and interior construction)
- Decline in sales due to the discontinuation or reduction of existing products handled by the Materials Department
- Impact on import procurement from geopolitical risks such as U.S. trade policy and destabilizing Japan-China relations
Last updated: June 25, 2026