Results for this period
Third quarter1 November 2025 to 31 July 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 dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
The housing business posted higher revenue due to higher average selling prices and the recording of revenue from a large non-residential project in the first quarter, while its gross profit margin declined because fewer detached houses were delivered and the contribution to profit from non-residential projects was limited. Profit declined in the renovation business due to sluggish orders and a decrease in large-scale renovation projects; in the real estate business, due to a reactionary decline following the recording of large development sites, lower brokerage fee revenue and higher SG&A expenses; and in the rental business, due to lower revenue.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 November 2025 to 31 July 2026 |
| Net Sales | ¥19,576 million (YoY +6.2%) |
| Operating profit | ¥-1,707 million |
| Ordinary income | ¥-1,654 million |
| Profit attributable to owners of the parent | ¥-1,163 million |
| Net income per share | -¥45.15 |
| Equity ratio | End of the current fiscal period 41.5% / End of previous period 48.3% |
| Total assets | ¥29,017 million |
| Net assets | ¥12,037 million |
| Full-year earnings forecast | Net Sales ¥33,500 million (YoY +6.5%) / Operating profit ¥0 million / Ordinary income ¥0 million / Profit attributable to owners of the parent ¥0 million |
| Revision to Earnings Forecast | Not disclosed → Net Sales 33,500 / Operating profit 0 / Ordinary income 0 / Profit attributable to owners of the parent 0 |
| Annual Dividend Forecast | ¥10 → ¥10（0.0%） |
| Segment revenue | Housing Business ¥13,012 million (YoY +14.2%), Renovation Business ¥1,835 million (YoY -23.5%), Real Estate Business ¥4,811 million (YoY +3.8%), Rental Operations ¥352 million (YoY -5.4%) |
| Segment profit | Housing Business ¥-994 million, Renovation Business ¥-395 million, Real Estate Business ¥-186 million, Rental Operations ¥47 million (YoY -32.4%) |
| Orders received and order backlog | Housing Business Orders received ¥11,693,150 thousand / Order backlog ¥9,304,102 thousand / Housing business (including non-residential properties and other projects) Orders received ¥14,581,003 thousand / Order backlog ¥11,409,603 thousand / Renovation Business Orders received ¥2,200,683 thousand / Order backlog ¥1,027,560 thousand |
| Depreciation and amortization | ¥311,829 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥53,045 thousand, Other ¥6,578 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥6,439 thousand, Directors' Retirement Benefits ¥2,597 thousand, Other ¥2,909 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 25,775,118 shares |
| Treasury Shares at Period-End | 130 treasury shares |
| Factors Behind Changes in Business Performance | The housing business posted higher revenue due to higher average selling prices and the recording of revenue from a large non-residential project in the first quarter, while its gross profit margin declined because fewer detached houses were delivered and the contribution to profit from non-residential projects was limited. Profit declined in the renovation business due to sluggish orders and a decrease in large-scale renovation projects; in the real estate business, due to a reactionary decline following the recording of large development sites, lower brokerage fee revenue and higher SG&A expenses; and in the rental business, due to lower revenue. |
Items this document does not state (9)
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.The housing business posted higher revenue due to higher average selling prices and large non-residential projects, but its profit margin declined because fewer detached houses were delivered and the contribution to profit from non-residential projects was limited. Profit declined in the renovation business due to sluggish orders and a decrease in large-scale renovation projects; in the real estate business, due to a reactionary decline following the recording of large development sites and lower brokerage fee revenue; and in the rental business, due to lower revenue.