Revised forecast
Fiscal year ending July 2026 · Full yearPrevious forecast published Announced on 12 September 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Sales prices, particularly for high-priced condominium units, struggled to grow, causing the gross profit margin to fall below expectations. In addition, non-operating expenses, including interest expenses, exceeded expectations because the company actively acquired real estate for sale to fund sales from the following fiscal year onward.
| Item | Details |
|---|---|
| Net Sales | ¥110,598 million → ¥109,953 million（-0.6%） |
| Operating profit | ¥4,503 million → ¥3,821 million（-15.1%） |
| Ordinary income | ¥3,971 million → ¥3,274 million（-17.5%） |
| Profit attributable to owners of the parent | ¥2,649 million → ¥2,369 million（-10.6%） |
| Net income per share | 110.68 yen and sen → 98.9 yen and sen |
| Fiscal Period Covered | Fiscal year ending July 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | Announced on 12 September 2025 |
| Previous-period results | Net sales of ¥95,992 million, operating income of ¥3,744 million, ordinary income of ¥3,311 million, net income attributable to owners of the parent of ¥2,384 million, and basic earnings per share of ¥99.69 |
| Reason for the revision | Sales prices, particularly for high-priced condominium units, struggled to grow, causing the gross profit margin to fall below expectations. In addition, non-operating expenses, including interest expenses, exceeded expectations because the company actively acquired real estate for sale to fund sales from the following fiscal year onward. |
| Dividend forecast revision | No change (year-end dividend forecast of ¥11.10 per share) |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.In the core real estate sales business, sales prices for high-priced condominium units struggled to grow, causing the gross profit margin to fall below expectations. In addition, non-operating expenses, including interest expenses, exceeded expectations because the company actively acquired real estate for sale to fund sales from the following fiscal year onward.