Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
52.6
Year-on-year decrease in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,300 million-52.6%
Operating profit¥157 million-82.8%
Ordinary income¥128 million-85.8%
Net income¥61 million-89.4%
Selling, general and administrative expenses¥442 million
Results for the three months of the current quarter
Net Sales
¥3,300 million
Operating profit
¥157 million
Ordinary income
¥128 million
Net income
¥61 million
Full-year earnings forecast
Net Sales
¥27,500 million
Operating profit
¥2,200 million
Ordinary income
¥2,100 million
Net income for the current fiscal year
¥1,400 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales12.0%
Cost of sales11.4%
Gross profit15.7%
Selling, general and administrative expenses27.2%
Operating profit7.1%
Ordinary income6.1%
Net income for the current fiscal year4.4%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing as plannedNew initiatives
- Reportable segments were changed from the Asset Creation Business, which generates flow revenue, to the Asset Management Business and other businesses, which generate recurring revenue.
- Kotaro Koizumi (小泉孝太郎) was appointed as a GLC brand partner.
- The company signed an acquisition agreement for a new property in Higashinippori, Arakawa-ku, Tokyo.
- The corporate name of a consolidated subsidiary was changed to GLC COMPASS Co., Ltd., and the hotel business was launched in earnest.
- Introduced a shareholder benefit program
Key KPIsA metric the company considers important as a management benchmark.
- Number of acquisitions6 EngagementsYear on year against the same period last year+4 properties
- Number of projects32 Engagements
- Units in ongoing projects1,036 units
- Units in planned projects477 units
- Projects scheduled to commence construction during the fiscal year20 Engagements
- Progress against the target number of projects scheduled to commence construction during the fiscal year80 %
- Cumulative number of completed buildings202 buildings
- Occupancy Rate96.7 %
Segment results
- Asset Creation BusinessNet Sales¥2,791 million (YoY -57.2%)Segment profit¥148 million (YoY -82.2%)
- Asset Management BusinessNet Sales¥530 million (YoY +15.7%)Segment profit¥237 million (YoY +19.1%)
- Property ManagementNet Sales¥395 million (YoY +15.2%)Segment profit¥205 million (YoY +16.5%)
- EnergyNet Sales¥135 million (YoY +17.4%)Segment profit¥32 million (YoY +45.5%)
Medium-term management plan targets
Target fiscal yearFY2028
Net Sales¥36,000–40,000 million
Operating profit¥4,500 million
Operating income CAGR20.4%
Number of employees
Number of Employees182 People
As ofEnd of March 2026
Annual Dividend
No dividend track record. The possibility and timing of future dividend payments have not been determined.| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥3,300 million (YoY -52.6%) |
| Operating profit | ¥157 million (YoY -82.8%) |
| Ordinary income | ¥128 million (YoY -85.8%) |
| Net income | ¥61 million (YoY -89.4%) |
| Selling, general and administrative expenses | ¥442 million |
| Results for the three months of the current quarter | Net Sales ¥3,300 million / Operating profit ¥157 million / Ordinary income ¥128 million / Net income ¥61 million |
| Full-year earnings forecast | Net Sales ¥27,500 million / Operating profit ¥2,200 million / Ordinary income ¥2,100 million / Net income for the current fiscal year ¥1,400 million |
| Progress against full-year forecast | Net Sales 12.0% / Cost of sales 11.4% / Gross profit 15.7% / Selling, general and administrative expenses 27.2% / Operating profit 7.1% / Ordinary income 6.1% / Net income for the current fiscal year 4.4% |
| Self-assessment against the plan | Progressing as planned |
| Segment results | Segment Asset Creation Business / Net Sales ¥2,791 million (YoY -57.2%) / Segment profit ¥148 million (YoY -82.2%), Segment Asset Management Business / Net Sales ¥530 million (YoY +15.7%) / Segment profit ¥237 million (YoY +19.1%), Segment Property Management / Net Sales ¥395 million (YoY +15.2%) / Segment profit ¥205 million (YoY +16.5%), Segment Energy / Net Sales ¥135 million (YoY +17.4%) / Segment profit ¥32 million (YoY +45.5%) |
| Key KPIs | Indicator name Number of acquisitions / Value 6 Engagements / Year on year against the same period last year +4 properties, Indicator name Number of projects / Value 32 Engagements / Year on year against the same period last year Not disclosed, Indicator name Units in ongoing projects / Value 1,036 units / Year on year against the same period last year Not disclosed, Indicator name Units in planned projects / Value 477 units / Year on year against the same period last year Not disclosed, Indicator name Projects scheduled to commence construction during the fiscal year / Value 20 Engagements / Year on year against the same period last year Not disclosed, Indicator name Progress against the target number of projects scheduled to commence construction during the fiscal year / Value 80 % / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of completed buildings / Value 202 buildings / Year on year against the same period last year Not disclosed, Indicator name Occupancy Rate / Value 96.7 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 182 People / As of End of March 2026 / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | Target fiscal year FY2028 / Net Sales ¥36,000–40,000 million / Operating profit ¥4,500 million / Operating income CAGR 20.4% |
| Annual Dividend | No dividend track record. The possibility and timing of future dividend payments have not been determined. |
| New initiatives | Reportable segments were changed from the Asset Creation Business, which generates flow revenue, to the Asset Management Business and other businesses, which generate recurring revenue., Kotaro Koizumi (小泉孝太郎) was appointed as a GLC brand partner., The company signed an acquisition agreement for a new property in Higashinippori, Arakawa-ku, Tokyo., The corporate name of a consolidated subsidiary was changed to GLC COMPASS Co., Ltd., and the hotel business was launched in earnest., Introduced a shareholder benefit program |
Items this document does not state (14)
Gross Profit MarginOperating profit marginBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 company attributed the decline in performance to a plan weighted toward the second half. It attributed the increase in selling, general and administrative expenses to higher personnel, land rent, and building rent expenses associated with the transition to a holding company structure and organizational expansion.
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.