Worth reading
46Recurring
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
105.3
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales9,224¥ millionYear on year +105.3%Progress 29.4%
Operating profit498¥ millionProgress 17.4%
Ordinary income98¥ millionProgress 4.9%
Net income attributable to owners of the parent24¥ million
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 share¥2.86
Financial position at period-end
Total assets66,812¥ million
of which net assets 14,026 ¥ millionEquity ratio 20.9%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-2,695,727
Investment-1,216,972
Financials+2,808,647
Net change-1,104,052
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¥2,791,809 thousand
Segment revenueReal estate development and leasing business ¥1,731,415 thousand (YoY +7.9%), Real estate development and sales business ¥2,745,157 thousand (YoY +59.1%), Condominium Business ¥4,577,721 thousand (YoY +347.6%), Other Businesses ¥170,525 thousand (YoY +21.3%)
Segment profitReal estate development and leasing business ¥541,618 thousand (YoY +2.3%), Real estate development and sales business ¥159,622 thousand, Condominium Business ¥410,669 thousand, Other Businesses ¥29,242 thousand (YoY +6.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥31,395 million (YoY +78.0%)
Operating profit¥2,864 million (YoY +48.5%)
Ordinary income¥2,013 million (YoY +70.7%)
Profit attributable to owners of the parent¥1,178 million (YoY +108.6%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥30 → ¥31（+3.3%）
Factors Behind Changes in Business Performance
This was due to progress in improving the profitability of the detached housing business of a subsidiary acquired through M&A in the previous fiscal year, progress in property deliveries in the condominium business as planned, and solid performance by each rental property.
Disclosure regarding the going concern assumption
No matters to report
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 consolidationNew 0 / Excluded 0 / Company name Not applicable
Material subsequent events株式会社ホームズ and 株式会社安住コーポレーション acquired all shares and became subsidiaries as of 1 October 2026. The acquisition cost was ¥184 million, and the voting rights acquired in each company amounted to 100%.
Impairment lossNo matters to report
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of fixed assets ¥443 thousand, Gain on sale of investment securities ¥240 thousand / Extraordinary loss Loss on disposal of fixed assets ¥421 thousand, Other ¥76 thousand
Depreciation and amortization¥335,600 thousand
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNo (earnings presentation video scheduled for release on 27 November 2026)
Issued Shares at Period-End8,772,012
Treasury Shares at Period-End0
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥9,224 million (YoY +105.3%) |
| Operating profit | ¥498 million |
| Ordinary income | ¥98 million |
| Profit attributable to owners of the parent | ¥24 million |
| Net income per share | ¥2.86 |
| Equity ratio | End of the current fiscal period 20.9 / End of previous period 22.5 |
| Total assets | ¥66,812 million |
| Net assets | ¥14,026 million |
| Cash flows from operating activities | ¥-2,695,727 thousand |
| Cash flows from investing activities | ¥-1,216,972 thousand |
| Cash flows from financing activities | ¥2,808,647 thousand |
| Cash and cash equivalents at end of period | ¥2,791,809 thousand |
| Full-year earnings forecast | Net Sales ¥31,395 million (YoY +78.0%) / Operating profit ¥2,864 million (YoY +48.5%) / Ordinary income ¥2,013 million (YoY +70.7%) / Profit attributable to owners of the parent ¥1,178 million (YoY +108.6%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥30 → ¥31（+3.3%） |
| Segment revenue | Real estate development and leasing business ¥1,731,415 thousand (YoY +7.9%), Real estate development and sales business ¥2,745,157 thousand (YoY +59.1%), Condominium Business ¥4,577,721 thousand (YoY +347.6%), Other Businesses ¥170,525 thousand (YoY +21.3%) |
| Segment profit | Real estate development and leasing business ¥541,618 thousand (YoY +2.3%), Real estate development and sales business ¥159,622 thousand, Condominium Business ¥410,669 thousand, Other Businesses ¥29,242 thousand (YoY +6.4%) |
| Depreciation and amortization | ¥335,600 thousand |
| Impairment loss | No matters to report |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of fixed assets ¥443 thousand, Gain on sale of investment securities ¥240 thousand / Extraordinary loss Loss on disposal of fixed assets ¥421 thousand, Other ¥76 thousand |
| Disclosure regarding the going concern assumption | No matters to report |
| 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 | New 0 / Excluded 0 / Company name Not applicable |
| Material subsequent events | 株式会社ホームズ and 株式会社安住コーポレーション acquired all shares and became subsidiaries as of 1 October 2026. The acquisition cost was ¥184 million, and the voting rights acquired in each company amounted to 100%. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | No (earnings presentation video scheduled for release on 27 November 2026) |
| Issued Shares at Period-End | 8,772,012 |
| Treasury Shares at Period-End | 0 |
| Factors Behind Changes in Business Performance | This was due to progress in improving the profitability of the detached housing business of a subsidiary acquired through M&A in the previous fiscal year, progress in property deliveries in the condominium business as planned, and solid performance by each rental property. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.This was due to progress in improving the profitability of the detached housing business of a subsidiary acquired through M&A in the previous fiscal year, progress in property deliveries in the condominium business as planned, and solid performance by each rental property, among other factors.
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.