Announced details
Real estate development, leasing, detached-house subdivisions, corporate real estate, condominiums, industrial land development, hotel development, investment real estate
The forecast for the fiscal year ending March 2027 calls for revenue of ¥31,395 million, operating profit of ¥2,864 million, ordinary profit of ¥2,013 million, and net income of ¥1,178 million. The company aims to achieve revenue of ¥100 billion and rental income of at least ¥5 billion in the fiscal year ending March 2036.
Condominium supply in the fiscal year ended March 2026 was 5 buildings comprising 119 units, compared with 8 buildings and 237 units in the previous fiscal year.
For the fiscal year ended March 2026, revenue was ¥17,638 million, operating profit was ¥1,929 million, ordinary profit was ¥1,179 million, and net income was ¥564 million. For the fiscal year ending March 2027, the company forecasts revenue of ¥31,395 million, operating profit of ¥2,864 million, ordinary profit of ¥2,013 million, and net income of ¥1,178 million.
The company does not address Contract Value / Offering price.
Nomura Research Institute, NRI Wealth Survey 2023
| Item | Details |
|---|---|
| Names of Products / Services Covered | Real estate development and leasing business, Real estate development and sales business, Condominium Business, Other Businesses, Investment Real Estate in the Tokyo Metropolitan Area |
| Applicable area | Real estate development, leasing, detached-house subdivisions, corporate real estate, condominiums, industrial land development, hotel development, investment real estate |
| Quantitative Effects | The forecast for the fiscal year ending March 2027 calls for revenue of ¥31,395 million, operating profit of ¥2,864 million, ordinary profit of ¥2,013 million, and net income of ¥1,178 million. The company aims to achieve revenue of ¥100 billion and rental income of at least ¥5 billion in the fiscal year ending March 2036. |
| Usage history | Condominium supply in the fiscal year ended March 2026 was 5 buildings comprising 119 units, compared with 8 buildings and 237 units in the previous fiscal year. |
| Impact on Business Performance | For the fiscal year ended March 2026, revenue was ¥17,638 million, operating profit was ¥1,929 million, ordinary profit was ¥1,179 million, and net income was ¥564 million. For the fiscal year ending March 2027, the company forecasts revenue of ¥31,395 million, operating profit of ¥2,864 million, ordinary profit of ¥2,013 million, and net income of ¥1,178 million. |
| Source | Nomura Research Institute, NRI Wealth Survey 2023 |
Items this document does not state (12)
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, revenue declined as the number of condominium units supplied decreased, while operating profit increased due to earlier-than-planned progress in rights adjustments for corporate real estate and an improved cost ratio for detached houses. Net income was weighed down by an extraordinary loss on goodwill associated with structural reforms at a subsidiary and a higher tax burden. From the fiscal year ending March 2027 onward, the company expects earnings to recover and grow, driven by the recognition of revenue from large-scale industrial land and condominium projects in the Tokyo metropolitan area, as well as the completion of a subdivision development by a subsidiary.