Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026Non-consolidated (standalone)Japanese 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue declined due to slower-than-expected construction progress and delays in the timing of orders, among other factors, while the construction profit margin improved from the initial forecast.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥10,814 million (YoY -19.2%) |
| Operating profit | ¥627 million (YoY +141.8%) |
| Ordinary income | ¥602 million (YoY +129.1%) |
| Profit attributable to owners of the parent | ¥395 million (YoY +136.7%) |
| Equity ratio | End of the current fiscal period 65.1 / End of previous period 61.5 |
| Total assets | ¥23,956 million |
| Net assets | ¥15,600 million |
| Cash flows from operating activities | ¥5,307 million |
| Cash flows from investing activities | ¥-19 million |
| Cash flows from financing activities | ¥-460 million |
| Cash and cash equivalents at end of period | ¥11,221 million |
| Full-year earnings forecast | Net Sales ¥26,630 million / Operating profit ¥1,440 million / Ordinary income ¥1,400 million / Net income ¥935 million |
| Revision to Earnings Forecast | Net Sales ¥27,200 million → ¥26,630 million（-2.1%） / Operating profit ¥1,160 million → ¥1,440 million（+24.1%） / Ordinary income ¥1,160 million → ¥1,400 million（+20.7%） / Net income ¥780 million → ¥935 million（+19.9%） |
| Segment revenue | Construction Business ¥10,796 million (YoY -17.5%) / Real estate business ¥17 million (YoY +0.5%) |
| Segment profit | Construction Business ¥1,245 million (YoY +29.9%) / Real estate business ¥6 million (YoY +2.1%) |
| Orders received and order backlog | Orders received ¥18,048 million (YoY +60.1%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥59 million |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | No applicable matters |
| Disclosure regarding the going concern assumption | No applicable matters |
| Material subsequent events | The company resolved to support the tender offer for its common shares by Asahi Kasei Homes, Inc. and recommend that shareholders tender their shares. The company is expected to become a wholly owned subsidiary through a series of procedures following the tender offer, and its shares are expected to be delisted. |
| Factors Behind Changes in Business Performance | Revenue declined due to slower-than-expected construction progress and delays in the timing of orders, among other factors, while the construction profit margin improved from the initial forecast. |
Items this document does not state (12)
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 was revised downward due to slower-than-expected construction progress and delays in the timing of orders, among other factors. Profit was revised upward because the construction profit margin improved from the initial forecast. Following the transfer of the crushed stone business, the crushed stone business was removed from the reported segments.