Komori
Revision of earnings forecasts2984Yamaichi Real Estate Co.,LtdReal Estate

Consolidated Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP]

The company announced its consolidated results for the fiscal year ended March 2026. Revenue declined, while operating income and ordinary income increased, and net income attributable to owners of the parent decreased. It also newly presented its full-year consolidated earnings forecast and an annual dividend of ¥31 for the fiscal year ending March 2027.

Worth reading
70In 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
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→31,395million
+78.0%
Operating profit—→2,864million
+39.6%
Ordinary income—→2,013million
+54.6%
Profit attributable to owners of the parent—→1,178million
+83.8%
Net income per share—→135.84yen and sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

This is a new full-year forecast rather than a revision. The company expects the completion of a large industrial site, the sequential completion of subdivision land by a subsidiary, rental occupancy rates in line with typical levels, and the completion of a large-scale condominium project in the Kanto region.

Details and amount of extraordinary loss

Impairment loss: ¥125.843 million; loss on disposal of non-current assets: ¥6.995 million; loss on sale of investment securities: ¥0.040 million; total extraordinary losses: ¥132.878 million

Previous-period resultsRevenue: ¥17,638 million; operating income: ¥2,052 million; ordinary income: ¥1,302 million; net income attributable to owners of the parent: ¥640 million; net income per share: ¥74.22
Dividend forecast revisionForecast year-end dividend for the fiscal year ending March 2027: ¥31.00; annual dividend: ¥31.00. The actual annual dividend for the fiscal year ended March 2026 was ¥30.00.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → ¥31,395 million(+78.0%)
Operating profitNot disclosed → ¥2,864 million(+39.6%)
Ordinary incomeNot disclosed → ¥2,013 million(+54.6%)
Profit attributable to owners of the parentNot disclosed → ¥1,178 million(+83.8%)
Net income per shareNot disclosed → 135.84 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsRevenue: ¥17,638 million; operating income: ¥2,052 million; ordinary income: ¥1,302 million; net income attributable to owners of the parent: ¥640 million; net income per share: ¥74.22
Reason for the revisionThis is a new full-year forecast rather than a revision. The company expects the completion of a large industrial site, the sequential completion of subdivision land by a subsidiary, rental occupancy rates in line with typical levels, and the completion of a large-scale condominium project in the Kanto region.
Details and amount of extraordinary lossImpairment loss: ¥125.843 million; loss on disposal of non-current assets: ¥6.995 million; loss on sale of investment securities: ¥0.040 million; total extraordinary losses: ¥132.878 million
Dividend forecast revisionForecast year-end dividend for the fiscal year ending March 2027: ¥31.00; annual dividend: ¥31.00. The actual annual dividend for the fiscal year ended March 2026 was ¥30.00.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

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.

For the fiscal year ended March 2026, sales of detached houses and the pace of condominium sales fell below expectations. However, rights adjustments for development properties progressed ahead of schedule, and lower construction costs also contributed to improved margins. For the fiscal year ending March 2027, the company expects the completion of a large industrial site, the sequential completion of subdivision land by a subsidiary, and the completion of a large-scale condominium project in the Kanto region, among other developments.

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.
Consolidated Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] | Yamaichi Real Estate Co.,Ltd (2984) timely disclosure | Komori