Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-28.4
% (year-on-year change in operating income for the interim period)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAPNet Sales1,263,248million yenYear on year +17.5%Progress 42.8%
Operating profit59,921million yenYear on year -28.4%Progress 41.9%
Ordinary income49,769million yenYear on year -43.6%Progress 43.3%
Net income attributable to owners of the parent26,885million yenYear on year -45.5%Progress 44.8%
The 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.
Net income per share¥43.85
Financial position at period-end
Total assets3,590,048million yen
of which net assets 1,240,832 million yenEquity ratio 30.5%vs. prior year-end -8.5pt
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.
Cash inflows and outflows
Operating-45,329
Investment-514,173
Financials+582,430
Net change+22,928
Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period235,082 million yen
Segment revenueTimber and Building Materials 112,121 million yen, Housing Business 276,687 million yen, Overseas Housing Business 722,533 million yen, Real Estate Business 130,482 million yen, Resources and Environmental Business 12,711 million yen
Segment profitTimber and Building Materials 616 million yen, Housing Business 16,872 million yen, Overseas Housing Business 45,701 million yen, Real Estate Business -12,926 million yen, Resources and Environmental Business -1,214 million yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales2,950,000 million yen (YoY +30.1%)
Operating profit143,000 million yen (YoY -15.2%)
Ordinary income115,000 million yen (YoY -34.2%)
Net income60,000 million yen (YoY -43.7%)
Revision to Earnings ForecastNet Sales Not disclosed → 2,950,000 million yen / Operating profit Not disclosed → 143,000 million yen / Ordinary income Not disclosed → 115,000 million yen / Net income Not disclosed → 60,000 million yen
Annual Dividend Forecast53 yen → 50 yen（-5.7%）
Disclosure regarding the going concern assumption
No applicable matters. The filing states, "There are no applicable matters."
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 4 / Company name Tri Pointe Homes, Inc., Tri Pointe Homes IE-SD, Inc., Tri Pointe Homes Texas, Inc., Tri Pointe Homes Holdings, Inc. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 7 August 2026, the company passed an omnibus resolution concerning unsecured corporate bonds with interest deferral and early redemption provisions, with subordination provisions. The total issue amount will not exceed ¥300 billion, and the redemption period will not exceed 40 years.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 2,578 million yen, Gain on sale of shares in an affiliated company 6,973 million yen / Extraordinary loss Not disclosed
Depreciation and amortization15,505 million yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End618,566,304
Treasury Shares at Period-End5,384,484
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | 1,263,248 million yen (YoY +17.5%) |
| Operating profit | 59,921 million yen (YoY -28.4%) |
| Ordinary income | 49,769 million yen (YoY -43.6%) |
| Profit attributable to owners of the parent | 26,885 million yen (YoY -45.5%) |
| Net income per share | ¥43.85 |
| Equity ratio | End of the current fiscal period 30.5 / End of previous period 39 |
| Total assets | 3,590,048 million yen |
| Net assets | 1,240,832 million yen |
| Cash flows from operating activities | -45,329 million yen |
| Cash flows from investing activities | -514,173 million yen |
| Cash flows from financing activities | 582,430 million yen |
| Cash and cash equivalents at end of period | 235,082 million yen |
| Full-year earnings forecast | Net Sales 2,950,000 million yen (YoY +30.1%) / Operating profit 143,000 million yen (YoY -15.2%) / Ordinary income 115,000 million yen (YoY -34.2%) / Net income 60,000 million yen (YoY -43.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 2,950,000 million yen / Operating profit Not disclosed → 143,000 million yen / Ordinary income Not disclosed → 115,000 million yen / Net income Not disclosed → 60,000 million yen |
| Annual Dividend Forecast | 53 yen → 50 yen（-5.7%） |
| Segment revenue | Timber and Building Materials 112,121 million yen, Housing Business 276,687 million yen, Overseas Housing Business 722,533 million yen, Real Estate Business 130,482 million yen, Resources and Environmental Business 12,711 million yen |
| Segment profit | Timber and Building Materials 616 million yen, Housing Business 16,872 million yen, Overseas Housing Business 45,701 million yen, Real Estate Business -12,926 million yen, Resources and Environmental Business -1,214 million yen |
| Depreciation and amortization | 15,505 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities 2,578 million yen, Gain on sale of shares in an affiliated company 6,973 million yen / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | No applicable matters. The filing states, "There are 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 Number of companies 4 / Company name Tri Pointe Homes, Inc., Tri Pointe Homes IE-SD, Inc., Tri Pointe Homes Texas, Inc., Tri Pointe Homes Holdings, Inc. / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 7 August 2026, the company passed an omnibus resolution concerning unsecured corporate bonds with interest deferral and early redemption provisions, with subordination provisions. The total issue amount will not exceed ¥300 billion, and the redemption period will not exceed 40 years. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 618,566,304 |
| Treasury Shares at Period-End | 5,384,484 |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossFactors Behind Changes in Business Performance
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.No explanation by the company was provided regarding the factors contributing to changes in performance.
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.