Results for this period
Third quarter1 August 2025 to 30 April 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.
Revenue declined due to the decrease in the construction business's order backlog at the beginning of the fiscal year and the change in the timing of construction starts, with lower revenue having a substantial impact. The gross profit margin also declined year on year.
None ("There are no applicable matters.")
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 August 2025 to 30 April 2026 |
| Net Sales | ¥3,903 million (YoY -30.2%) |
| Operating profit | ¥258 million (YoY -64.6%) |
| Ordinary income | ¥256 million (YoY -64.9%) |
| Profit attributable to owners of the parent | ¥179 million (YoY -65.2%) |
| Net income per share | ¥178.14 |
| Equity ratio | End of the current fiscal period 53.8 / End of previous period 55.8 |
| Total assets | ¥8,151 million |
| Net assets | ¥4,389 million |
| Full-year earnings forecast | Net Sales ¥6,000 million (YoY -20.9%) / Operating profit ¥480 million (YoY -48.8%) / Ordinary income ¥470 million (YoY -49.9%) / Net income ¥320 million (YoY -51.4%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥6,000 million / Operating profit Not disclosed → ¥480 million / Ordinary income Not disclosed → ¥470 million / Net income Not disclosed → ¥320 million |
| Annual Dividend Forecast | ¥150 → ¥180（+20.0%） |
| Segment revenue | Construction ¥2,953,278 thousand (YoY -36.6%) / Real Estate Business ¥950,381 thousand (YoY +1.8%) |
| Segment profit | Construction ¥15,258 thousand (YoY -96.7%) / Real Estate Business ¥243,547 thousand (YoY -10.0%) |
| Orders received and order backlog | Year-on-year decrease in order backlog at the beginning of the fiscal year ¥538 million / Construction work carried forward to the fourth quarter ¥2,602 million (YoY +107.9%) |
| Depreciation and amortization | ¥219,382 thousand |
| Disclosure regarding the going concern assumption | None ("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 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no target participants specified) |
| Issued Shares at Period-End | 1,012,500 shares |
| Treasury Shares at Period-End | 5,600 shares |
| Factors Behind Changes in Business Performance | Revenue declined due to the decrease in the construction business's order backlog at the beginning of the fiscal year and the change in the timing of construction starts, with lower revenue having a substantial impact. The gross profit margin also declined year on year. |
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.In the construction business, revenue declined because the order backlog at the beginning of the fiscal year was ¥538 million lower than at the beginning of the previous fiscal year, and the timing of construction starts was shifted to the fourth quarter or later. In the real estate business, revenue increased due to newly acquired rental properties, but one-time costs associated with the acquisitions weighed on profit. Overall, the impact of lower revenue was substantial, and the gross profit margin declined from 21.8% in the same period of the previous fiscal year to 19.1%.