Revised forecast
Fiscal year ending November 2026 · Cumulative second quarter and full yearPrevious forecast published Announced on 13 January 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The company has maintained strong performance after posting record-high net sales and profits in the first quarter, and the number of properties sold increased substantially as cycle optimization, from acquisitions through renovation sales, progressed following a return to owner-change properties. The average selling price and gross margin also rose as sales efforts were strengthened in the mid- to high-price range in urban areas, resulting in extremely strong progress.
| Item | Details |
|---|---|
| Net Sales | Cumulative second-quarter results 38,764 / Full year 84,715 → Cumulative second-quarter results 43,182 / Full year 89,168（Cumulative second-quarter results 11.4 / Full year 5.3） |
| Operating profit | Cumulative second-quarter results 5,083 / Full year 9,298 → Cumulative second-quarter results 6,557 / Full year 10,449（Cumulative second-quarter results 29 / Full year 12.4） |
| Ordinary income | Cumulative second-quarter results 4,229 / Full year 7,494 → Cumulative second-quarter results 6,012 / Full year 8,771（Cumulative second-quarter results 42.2 / Full year 17） |
| Profit attributable to owners of the parent | Cumulative second-quarter results 2,890 / Full year 5,095 → Cumulative second-quarter results 4,067 / Full year 6,030（Cumulative second-quarter results 40.7 / Full year 18.4） |
| Net income per share | Cumulative second-quarter results 85.00 / Full year 141.61 → Cumulative second-quarter results 119.61 / Full year 167.62 |
| Fiscal Period Covered | Fiscal year ending November 2026 |
| Period Covered | Cumulative second quarter and full year |
| Publication date of previous forecast | Announced on 13 January 2026 |
| Previous-period results | Second quarter (interim period) Net sales: ¥33,722 million; operating profit: ¥4,017 million; ordinary profit: ¥3,549 million; interim net income attributable to owners of the parent: ¥2,431 million; interim earnings per share: ¥73.01 / Full year Net sales: ¥69,158 million; operating profit: ¥7,314 million; ordinary profit: ¥6,156 million; net income attributable to owners of the parent: ¥4,184 million; earnings per share: ¥124.40 |
| Reason for the revision | The company has maintained strong performance after posting record-high net sales and profits in the first quarter, and the number of properties sold increased substantially as cycle optimization, from acquisitions through renovation sales, progressed following a return to owner-change properties. The average selling price and gross margin also rose as sales efforts were strengthened in the mid- to high-price range in urban areas, resulting in extremely strong progress. |
| Dividend forecast revision | The interim and year-end dividends for the fiscal year ending November 2026 have each been increased by ¥3 per share to ¥25.50, revising the annual dividend forecast from ¥45.00 to ¥51.00. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 has maintained strong performance after the first quarter, and the number of properties sold increased substantially as cycle optimization, from acquisitions through renovation sales, progressed following a return to owner-change properties. In addition, the average selling price and gross margin rose as sales efforts were strengthened in the mid- to high-price range in urban areas. The dividend was increased under the capital allocation policy in light of the extremely strong business performance and financial condition.