Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
Because revenue is recognized when projects are delivered, quarterly performance varies depending on the size and timing of project deliveries. The factors cited include the sale and delivery of multiple properties in the DX New-Build Real Estate Business, the sale of high-end premium renovation series properties in the DX Regenerated Real Estate Business, completion of sales in the investment business of the DX Real Estate Value Enhancement Business, and the acquisition of healthcare facilities and stable operation of rental assets in the Real Estate Leasing Business.
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| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥25,172 million (YoY -18.3%) |
| Operating profit | ¥2,633 million (YoY -53.3%) |
| Ordinary income | ¥1,431 million (YoY -69.7%) |
| Profit attributable to owners of the parent | ¥941 million (YoY -70.4%) |
| Net income per share | ¥41.10 |
| Equity ratio | End of the current fiscal period 26.8 % / End of previous period 29.3 % |
| Total assets | ¥105,398 million |
| Net assets | ¥28,355 million |
| Full-year earnings forecast | Net Sales ¥61,000 million (YoY +31.1%) / Operating profit ¥17,500 million (YoY +74.6%) / Ordinary income ¥16,700 million (YoY +86.5%) / Profit attributable to owners of the parent ¥11,600 million (YoY +89.1%) |
| Annual Dividend Forecast | ¥338 → No annual total shown (year-end ¥115.00) |
| Segment revenue | Segment DX New-Build Real Estate Business / Net Sales ¥6,849,549 thousand / yoy_pct -46.5, Segment DX Regenerated Real Estate Business / Net Sales ¥11,184,185 thousand / yoy_pct -1.4, Segment DX Real Estate Value Enhancement Business / Net Sales ¥6,175,655 thousand / yoy_pct 6, Segment Real Estate Leasing Business / Net Sales ¥921,994 thousand / yoy_pct 14.2, Segment Other / Net Sales ¥40,908 thousand / yoy_pct 99.6 |
| Segment profit | Segment DX New-Build Real Estate Business / Segment profit ¥1,204,389 thousand / yoy_pct -72, Segment DX Regenerated Real Estate Business / Segment profit ¥503,840 thousand / yoy_pct -58.1, Segment DX Real Estate Value Enhancement Business / Segment profit ¥1,282,522 thousand / yoy_pct 86.9, Segment Real Estate Leasing Business / Segment profit ¥423,703 thousand / yoy_pct 10.4, Segment Other / Segment profit ¥403,426 thousand / yoy_pct Not disclosed |
| Depreciation and amortization | ¥224,890 thousand |
| Impairment loss | Not applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Not applicable / Extraordinary loss Directors' Retirement Benefits ¥17,100 thousand |
| Disclosure regarding the going concern assumption | None |
| 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 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (target: Not disclosed) |
| Issued Shares at Period-End | 22,936,425 shares |
| Treasury Shares at Period-End | 1,056 shares |
| Factors Behind Changes in Business Performance | Because revenue is recognized when projects are delivered, quarterly performance varies depending on the size and timing of project deliveries. The factors cited include the sale and delivery of multiple properties in the DX New-Build Real Estate Business, the sale of high-end premium renovation series properties in the DX Regenerated Real Estate Business, completion of sales in the investment business of the DX Real Estate Value Enhancement Business, and the acquisition of healthcare facilities and stable operation of rental assets in the Real Estate Leasing Business. |
Items this document does not state (11)
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.Because revenue is recognized when projects are delivered, quarterly performance varies depending on the size and timing of project deliveries. Although progress for the nine months ended December was low relative to the full-year forecast, the company explained that it had secured sufficient inventory to achieve the full-year forecast and would meet it if projects scheduled for delivery in the fourth quarter progress as planned.