Worth reading
78Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
19
% (versus the forecast for operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation2025年7月期 通期10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales8,099 Million yen+48.0%
Operating profit274 Million yen+77.0%
Ordinary income199 Million yen+75.0%
Net income106 Million yen-51.0%
Selling, general and administrative expenses¥3,890 million2026年7月期予想
Results for the three months of the current quarter
Net Sales
2,315 Million yen+35.0%
Gross profit
971 Million yen+36.0%
Operating profit
125 Million yen
Year-on-year change in amount144
Ordinary income
106 Million yen
Year-on-year change in amount136
Net income for the current fiscal year
106 Million yen
Year-on-year change in amount135
Full-year earnings forecast
Fiscal year ending July 2026
Net Sales
12,000 Million yen
Gross profit
4,260 Million yen
Operating profit
370 Million yen
Ordinary income
240 Million yen
Net income for the current fiscal year
170～220
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
期初予想を超過して着地（当期純利益は期初予想を下回る）Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
営業利益の予想超過売上総利益の伸長、継続的な費用統制
当期純利益の予想未達法人税等の増加、特別調査費用等△19百万円、本社移転関連費用△25百万円、新株予約権戻入益10百万円等
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Brokerage and Ancillary Services TransactionsAssumption前期比+20%強
- Proprietary productsAssumption前期比+40%弱
- 中古・リノベーション住宅需要Assumption緩やかな継続拡大
- マーケット要因の物件単価・取引件数Assumption増加を織り込まない
New initiatives
- 2025年10月にリノベーション工事請負子会社『株式会社カウカモ工務店』を設立予定
- 代表取締役の交代と社外取締役過半数体制への変更
- ガバナンス・内部統制、プロダクト・サービス、営業人材・マネジメント基盤への先行投資
Key KPIsA metric the company considers important as a management benchmark.
- New member registrations前年同期比+74%Year on year against the same period last year+74.0%
- 問い合わせ数前年同期比+34%Year on year against the same period last year+34.0%
- 取引件数（決済ベース）305 EngagementsYear on year against the same period last year+36.0%
- Sales Productivity1.5 件稼働営業人員あたりYear on year against the same period last year+12.0%
- Membership57 10,000 people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of transactions
305 Engagements+36.0%
Revenue per transaction
2.6 Million yen+1.0%
Segment results
カウカモ
Gross profit
3,543 Million yen
Real estate planning and design譲渡済み・当期実績なし
Medium-term management plan targets
FY25-28FY22-25と同等以上の成長率を目指す
売上総利益成長CAGR>24%（FY22-25の実績）
Market Size / Share
東京都の対象市場2.3兆円（2025年）
首都圏の対象市場3.7兆円（2025年）
首都圏40㎡超マンション市場8.0兆円（2025年）
全国中古住宅流通・リフォーム市場¥20 trillion
カウカモの東京都シェアApproximately 2.9%
Number of employees
Sales personnel69 人稼働営業人員、期中平均
Change during the period前年同期比△1%
Hiring plan翌期の新規採用を予定
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | 2025年7月期 通期 |
| Net Sales | 8,099 Million yen (YoY +48.0%) |
| Operating profit | 274 Million yen (YoY +77.0%) |
| Ordinary income | 199 Million yen (YoY +75.0%) |
| Net income | 106 Million yen (YoY -51.0%) |
| Selling, general and administrative expenses | 3,890 百万円（2026年7月期予想） |
| Results for the three months of the current quarter | Net Sales 2,315 Million yen (YoY +35.0%) / Gross profit 971 Million yen (YoY +36.0%) / Operating profit 125 Million yen / Ordinary income 106 Million yen / Net income for the current fiscal year 106 Million yen |
| Full-year earnings forecast | Fiscal year ending July 2026 Net Sales 12,000 Million yen / Gross profit 4,260 Million yen / Operating profit 370 Million yen / Ordinary income 240 Million yen / Net income for the current fiscal year 170～220 |
| Self-assessment against the plan | 期初予想を超過して着地（当期純利益は期初予想を下回る） |
| Segment results | カウカモ Sales Not disclosed / Gross profit 3,543 Million yen / Real estate planning and design 譲渡済み・当期実績なし |
| Breakdown of Factors Affecting the Change | 営業利益の予想超過 売上総利益の伸長、継続的な費用統制 / 当期純利益の予想未達 法人税等の増加、特別調査費用等△19百万円、本社移転関連費用△25百万円、新株予約権戻入益10百万円等 |
| Key KPIs | Indicator name New member registrations / Value 前年同期比+74% / Year on year against the same period last year 74 Full-year cumulative, Indicator name 問い合わせ数 / Value 前年同期比+34% / Year on year against the same period last year 34 Full-year cumulative, Indicator name 取引件数（決済ベース） / Value 305 Engagements / Year on year against the same period last year 36 Engagements, Indicator name Sales Productivity / Value 1.5 件（稼働営業人員あたり） / Year on year against the same period last year 12 件（稼働営業人員あたり）, Indicator name Membership / Value 57 10,000 people / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Number of transactions 305 Engagements (YoY +36.0%) / Revenue per transaction 2.6 Million yen (YoY +1.0%) |
| Number of employees | Sales personnel 69 人（稼働営業人員、期中平均） / Change during the period 前年同期比△1% / Hiring plan 翌期の新規採用を予定 |
| Assumptions Underlying the Business Outlook | Item Brokerage and Ancillary Services Transactions / Assumption 前期比+20%強, Item Proprietary products / Assumption 前期比+40%弱, Item 中古・リノベーション住宅需要 / Assumption 緩やかな継続拡大, Item マーケット要因の物件単価・取引件数 / Assumption 増加を織り込まない |
| Medium-term management plan targets | FY25-28 FY22-25と同等以上の成長率を目指す / 売上総利益成長 CAGR>24%（FY22-25の実績） |
| Market Size / Share | 東京都の対象市場 2.3兆円（2025年） / 首都圏の対象市場 3.7兆円（2025年） / 首都圏40㎡超マンション市場 8.0兆円（2025年） / 全国中古住宅流通・リフォーム市場 ¥20 trillion / カウカモの東京都シェア Approximately 2.9% |
| New initiatives | 2025年10月にリノベーション工事請負子会社『株式会社カウカモ工務店』を設立予定, 代表取締役の交代と社外取締役過半数体制への変更, ガバナンス・内部統制、プロダクト・サービス、営業人材・マネジメント基盤への先行投資 |
Items this document does not state (12)
Gross Profit MarginOperating profit marginProgress against full-year forecastNumber of stores and locationsRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.売上総利益の伸長と継続的な費用統制が営業利益の予想超過に寄与した。当期純利益は、連結子会社の想定超の利益計上による法人税等の増加、特別調査費用や本社移転関連費用などの特別損益の影響で予想を下回った。2026年7月期は、営業人員数と集客数の拡大、自社企画商品の投下資本増加、費用統制を前提に、翌期以降の成長に向けた先行投資を行う。
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.