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How definitive the wording is.Contents of this document
Summary of Q&AFirst quarter of the fiscal year ending May 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Results for the three months of the current quarterRevenue declined year on year, and results declined year on year in both revenue and profit. However, figures are Not disclosed.
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress is broadly in line with initial expectations.Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
The campaign to attract visitors has led to strong visitor numbers and orders for detached-home subdivisions. In the real estate business, the company is procuring and selling properties after assessing their profitability, and believes there will be no negative impact from tax reforms. Demand for completed properties that can be delivered within a short period and strong referrals of high-quality subdivision sites are driving the detached-home subdivision business. In the custom-built home business, the company is working to improve profit through the presentation of estimates, reviews of products and specifications, and management of selling prices and costs.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
The impact of deliveries during the previous fiscal year’s period of sluggish order intake, strong performance in the detached-home subdivision and remodeling businesses, and improved profitability in the custom-built home business.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company expects performance to recover from the second quarter onward. It assumes increases in material prices and labor costs.New initiatives
Acquisition of high-quality properties, mainly in Tokyo’s central five wards; consideration of acquiring large properties; reviews of products and specifications; and control of selling prices and costs.Segment results
The custom-built home business saw lower revenue but improved profit. The detached-home subdivision and remodeling businesses performed well. However, figures are Not disclosed.Orders received and order backlog
Orders for detached-home subdivisions are very strong. However, the amount is Not disclosed.| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | First quarter of the fiscal year ending May 2027 |
| Results for the three months of the current quarter | Revenue declined year on year, and results declined year on year in both revenue and profit. However, figures are Not disclosed. |
| Self-assessment against the plan | Progress is broadly in line with initial expectations. |
| Segment results | The custom-built home business saw lower revenue but improved profit. The detached-home subdivision and remodeling businesses performed well. However, figures are Not disclosed. |
| Breakdown of Factors Affecting the Change | The impact of deliveries during the previous fiscal year’s period of sluggish order intake, strong performance in the detached-home subdivision and remodeling businesses, and improved profitability in the custom-built home business. |
| Assumptions Underlying the Business Outlook | The company expects performance to recover from the second quarter onward. It assumes increases in material prices and labor costs. |
| Orders received and order backlog | Orders for detached-home subdivisions are very strong. However, the amount is Not disclosed. |
| Key points of the Q&A | The campaign to attract visitors has led to strong visitor numbers and orders for detached-home subdivisions. In the real estate business, the company is procuring and selling properties after assessing their profitability, and believes there will be no negative impact from tax reforms. Demand for completed properties that can be delivered within a short period and strong referrals of high-quality subdivision sites are driving the detached-home subdivision business. In the custom-built home business, the company is working to improve profit through the presentation of estimates, reviews of products and specifications, and management of selling prices and costs. |
| New initiatives | Acquisition of high-quality properties, mainly in Tokyo’s central five wards; consideration of acquiring large properties; reviews of products and specifications; and control of selling prices and costs. |
Items this document does not state (21)
Net SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket Size / Share
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Although revenue and profit declined in the first quarter, partly due to the impact of deliveries during the previous fiscal year’s period of sluggish order intake, the company explained that progress toward the full-year plan is broadly in line with initial expectations, as the detached-home subdivision and remodeling businesses are performing well and the custom-built home business is also showing signs of recovery.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.