Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
123.4
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2025年4月1日〜2025年9月30日ConsolidatedJapanese GAAPNet Sales12,892¥ millionYear on year +35.9%Progress 53.7%
Operating profit1,987¥ millionYear on year +123.4%Progress 71.0%
Ordinary income1,877¥ millionYear on year +127.3%Progress 73.6%
Net income attributable to owners of the parent1,215¥ millionYear on year +127.0%Progress 73.6%
The 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.
Net income per share214.42円
Financial position at period-end
Total assets23,438¥ million
of which net assets 9,340 ¥ millionEquity ratio 39.9%vs. prior year-end +1.6pt
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.
Cash inflows and outflows
Operating+1,517,164
Investment-108,439
Financials+35,183
Net change+1,443,908
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥6,403,571 thousand
Segment revenue
sumuzu12,835,15299.6%+36.0%
Rentals57,0820.4%+3.1%
Segment profit
sumuzu2,202,11799.0%+107.5%
Rentals22,9871.0%+26.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥24,000 million (YoY +18.4%)
Operating profit¥2,800 million (YoY +24.0%)
Ordinary income¥2,550 million (YoY +20.7%)
Net income¥1,650 million (YoY +17.5%)
Revision to Earnings ForecastNot disclosed → Net Sales 24,000 / Operating profit 2,800 / Ordinary income 2,550 / Net income 1,650
Annual Dividend Forecast78 円（株式分割を考慮しない比較。表示上の今期予想は47円） → 94 円（株式分割を考慮しない比較。表示上の今期予想は47円）（+20.5%）
Factors Behind Changes in Business Performance
通常の住宅用地の仕入・販売が堅調であったことに加え、収益用不動産等を含む大型物件の計画通りの販売により、売上・利益が増加。
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation新規0社・除外0社（重要な変更：無）
Depreciation and amortization¥23,795 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者：Not disclosed)
Issued Shares at Period-End5,669,586
Treasury Shares at Period-End756
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年4月1日〜2025年9月30日 |
| Net Sales | ¥12,892 million (YoY +35.9%) |
| Operating profit | ¥1,987 million (YoY +123.4%) |
| Ordinary income | ¥1,877 million (YoY +127.3%) |
| Profit attributable to owners of the parent | ¥1,215 million (YoY +127.0%) |
| Net income per share | 214.42円 |
| Equity ratio | End of the current fiscal period 39.9 / End of previous period 38.3 |
| Total assets | ¥23,438 million |
| Net assets | ¥9,340 million |
| Cash flows from operating activities | ¥1,517,164 thousand |
| Cash flows from investing activities | ¥-108,439 thousand |
| Cash flows from financing activities | ¥35,183 thousand |
| Cash and cash equivalents at end of period | ¥6,403,571 thousand |
| Full-year earnings forecast | Net Sales ¥24,000 million (YoY +18.4%) / Operating profit ¥2,800 million (YoY +24.0%) / Ordinary income ¥2,550 million (YoY +20.7%) / Net income ¥1,650 million (YoY +17.5%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 24,000 / Operating profit 2,800 / Ordinary income 2,550 / Net income 1,650 |
| Annual Dividend Forecast | 78 円（株式分割を考慮しない比較。表示上の今期予想は47円） → 94 円（株式分割を考慮しない比較。表示上の今期予想は47円）（+20.5%） |
| Segment revenue | sumuzu ¥12,835,152 thousand (YoY +36.0%) / Rentals ¥57,082 thousand (YoY +3.1%) |
| Segment profit | sumuzu ¥2,202,117 thousand (YoY +107.5%) / Rentals ¥22,987 thousand (YoY +26.5%) |
| Depreciation and amortization | ¥23,795 thousand |
| 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 | 新規0社・除外0社（重要な変更：無） |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 5,669,586 |
| Treasury Shares at Period-End | 756 |
| Factors Behind Changes in Business Performance | 通常の住宅用地の仕入・販売が堅調であったことに加え、収益用不動産等を含む大型物件の計画通りの販売により、売上・利益が増加。 |
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
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.通常の住宅用地の仕入・販売が堅調であったことに加え、収益用不動産等を含む大型物件を計画通り販売したため。また、自社ホームページの強化による新規顧客アプローチ、既存顧客への長期的なサポート向上により、安定した集客と販売件数を確保した。
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.