Results for this period
Interim period (second quarter)1 January 2026–30 June 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.
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.
Revenue increased due to the completion of 8 properties under development since the previous consolidated fiscal year. The Asset Creation Business cited the acquisition of 4 development sites in the Tokyo area, the completion of 8 properties, and orders received for 12 new design contracts and 8 construction contracts. The Asset Management Business cited the delivery of 7 properties and 11 newly contracted property management mandates.
No applicable matters
| 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 | 13,092 million yen (YoY +14.1%) |
| Operating profit | 997 million yen (YoY -32.2%) |
| Ordinary income | 936 million yen (YoY -36.1%) |
| Profit attributable to owners of the parent | 596 million yen (YoY -36.7%) |
| Net income per share | ¥35.95 |
| Equity ratio | End of the current fiscal period 32 / End of previous period 30.2 |
| Total assets | 19,763 million yen |
| Net assets | 6,441 million yen |
| Cash flows from operating activities | -814 million yen |
| Cash flows from investing activities | -185 million yen |
| Cash flows from financing activities | 508 million yen |
| Cash and cash equivalents at end of period | 5,423 million yen |
| Full-year earnings forecast | Net Sales 27,500 million yen (YoY +12.2%) / Operating profit 2,200 million yen (YoY -14.5%) / Ordinary income 2,100 million yen (YoY -17.0%) / Profit attributable to owners of the parent 1,400 million yen (YoY -15.3%) |
| Revision to Earnings Forecast | Net Sales None / Operating profit None / Ordinary income None / Profit attributable to owners of the parent None |
| Annual Dividend Forecast | 0 yen → 0 yen（0.0%） |
| Segment revenue | Asset Creation Business 12,060 million yen (YoY +13.8%), Asset Management Business 1,032 million yen (YoY +17.2%) |
| Segment profit | Asset Creation Business 922 million yen (YoY -30.2%), Asset Management Business 419 million yen (YoY +13.2%) |
| Depreciation and amortization | 95 million yen |
| Breakdown of extraordinary income (loss) | Current interim period Extraordinary income None / Extraordinary loss None |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 17,352,000 |
| Treasury Shares at Period-End | 764,748 |
| Factors Behind Changes in Business Performance | Revenue increased due to the completion of 8 properties under development since the previous consolidated fiscal year. The Asset Creation Business cited the acquisition of 4 development sites in the Tokyo area, the completion of 8 properties, and orders received for 12 new design contracts and 8 construction contracts. The Asset Management Business cited the delivery of 7 properties and 11 newly contracted property management mandates. |
Items this document does not state (7)
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 increase in revenue was attributed to the completion of 8 properties under development since the previous consolidated fiscal year, the acquisition of 4 development sites in the Tokyo area, and the completion of 8 properties in existing business areas. No specific explanation was provided for the decline in operating profit.