Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.
The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Revenue increased due to progress on carried-over construction projects and the sale of entire condominium buildings, while operating profit declined due to higher construction costs and personnel expenses. Quarterly net income attributable to owners of the parent increased due to the recognition of a gain on the sale of fixed assets.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥12,639,254 thousand (YoY +43.4%) |
| Operating profit | ¥833,049 thousand (YoY -4.8%) |
| Ordinary income | ¥820,911 thousand (YoY -4.7%) |
| Profit attributable to owners of the parent | ¥581,839 thousand (YoY +8.5%) |
| Total assets | ¥40,419,798 thousand |
| Net assets | ¥19,848,083 thousand |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks Unchanged from the forecast announced on 13 February 2026 |
| Revision to Earnings Forecast | No change |
| Segment revenue | Construction ¥8,995,535 thousand (YoY +77.8%), Housing Business ¥3,584,750 thousand (YoY -2.9%), Other Businesses ¥58,968 thousand (YoY -1.0%) |
| Segment profit | Construction ¥655,281 thousand (YoY +7.1%), Housing Business ¥173,410 thousand (YoY -33.3%), Other Businesses ¥1,757 thousand (YoY -16.3%) |
| Depreciation and amortization | ¥133,703 thousand |
| Impairment loss | Amount No applicable matters. / Subject assets No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥113,973 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥2,493 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Factors Behind Changes in Business Performance | Revenue increased due to progress on carried-over construction projects and the sale of entire condominium buildings, while operating profit declined due to higher construction costs and personnel expenses. Quarterly net income attributable to owners of the parent increased due to the recognition of a gain on the sale of fixed assets. |
Items this document does not state (19)
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.Revenue increased as carried-over construction projects at the end of the previous fiscal year progressed smoothly and entire condominium buildings were sold, among other factors. Operating profit declined due to higher construction costs and the impact of increased personnel expenses following revisions to the personnel system, among other factors. Quarterly net income attributable to owners of the parent increased because a gain on the sale of fixed assets was recognized in connection with the sale of rental real estate.