Worth reading
47Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
24.4
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales942,505¥ millionYear on year +24.4%Progress 87.3%
Operating profit138,242¥ millionYear on year +16.2%Progress 98.7%
Ordinary income124,807¥ millionYear on year +16.9%Progress 99.8%
Net income attributable to owners of the parent82,880¥ millionYear on year +10.8%Progress 96.4%
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¥96.69
Operating Margin14.7%
Financial position at period-end
Total assets2,811,989¥ million
of which net assets 802,729 ¥ millionEquity ratio 28.5%vs. prior year-end +0.6pt
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+44,906
Investment-59,067
Financials+15,643
Net change+1,482
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥36,842 million
Segment revenueHousing ¥433,408 million (YoY +17.6%), Urban Development ¥324,789 million (YoY +52.2%), Overseas expansion ¥3,718 million (YoY -60.5%), Asset Management ¥16,340 million (YoY +4.8%), Brokerage and CRE ¥64,363 million (YoY +12.5%), Property management ¥129,869 million (YoY +14.0%), Other ¥280 million (YoY -0.7%)
Segment profitHousing 61,736 Millions of yen (business profit) (YoY +26.6%), Urban Development 53,987 Millions of yen (business profit) (YoY +29.7%), Overseas expansion 2,792 Millions of yen (business profit) (YoY -57.8%), Asset Management 10,575 Millions of yen (business profit) (YoY +7.3%), Brokerage and CRE 18,994 Millions of yen (business profit) (YoY +14.6%), Property management 13,526 Millions of yen (business profit) (YoY +13.3%), Other 94 Millions of yen (business profit) (YoY -30.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,080,000 million (YoY +14.6%)
Operating profit¥140,000 million (YoY +1.3%)
Ordinary income¥125,000 million (YoY +0.2%)
Net income¥86,000 million (YoY +3.8%)
Annual Dividend Forecast¥40 → ¥44（+10.0%）
Payout ratio41.4% (fiscal year ended March 2026)
Shareholder Return PolicyTotal payout ratio of 40–50%; the annual dividend is subject to a minimum level that meets a DOE of 4%
Factors Behind Changes in Business Performance
Housing, Urban Development, Asset Management, Brokerage and CRE, and Property and Facility Management recorded higher revenue and income, while Overseas recorded lower revenue and income. Revenue was ¥942,505 million and operating income was ¥138,242 million.
Disclosure regarding the going concern assumption
Not applicable.
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 None
Material subsequent eventsNot applicable.
Impairment loss¥20,073 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥17,351 million, Gain on sale of investment securities ¥858 million, Other ¥1,287 million / Extraordinary loss Impairment Losses ¥20,073 million, Losses related to rebuilding ¥14,753 million
Depreciation and amortization¥29,366 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End917,927,685
Treasury Shares at Period-End63,725,878
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥942,505 million (YoY +24.4%) |
| Operating profit | ¥138,242 million (YoY +16.2%) |
| Ordinary income | ¥124,807 million (YoY +16.9%) |
| Profit attributable to owners of the parent | ¥82,880 million (YoY +10.8%) |
| Net income per share | ¥96.69 |
| Operating Margin | 14.7% |
| Equity ratio | End of the current fiscal period 28.5% / End of previous period 27.9% |
| Total assets | ¥2,811,989 million |
| Net assets | ¥802,729 million |
| Cash flows from operating activities | ¥44,906 million |
| Cash flows from investing activities | ¥-59,067 million |
| Cash flows from financing activities | ¥15,643 million |
| Cash and cash equivalents at end of period | ¥36,842 million |
| Full-year earnings forecast | Net Sales ¥1,080,000 million (YoY +14.6%) / Operating profit ¥140,000 million (YoY +1.3%) / Ordinary income ¥125,000 million (YoY +0.2%) / Net income ¥86,000 million (YoY +3.8%) |
| Annual Dividend Forecast | ¥40 → ¥44（+10.0%） |
| Payout ratio | 41.4% (fiscal year ended March 2026) |
| Shareholder Return Policy | Total payout ratio of 40–50%; the annual dividend is subject to a minimum level that meets a DOE of 4% |
| Segment revenue | Housing ¥433,408 million (YoY +17.6%), Urban Development ¥324,789 million (YoY +52.2%), Overseas expansion ¥3,718 million (YoY -60.5%), Asset Management ¥16,340 million (YoY +4.8%), Brokerage and CRE ¥64,363 million (YoY +12.5%), Property management ¥129,869 million (YoY +14.0%), Other ¥280 million (YoY -0.7%) |
| Segment profit | Housing 61,736 Millions of yen (business profit) (YoY +26.6%), Urban Development 53,987 Millions of yen (business profit) (YoY +29.7%), Overseas expansion 2,792 Millions of yen (business profit) (YoY -57.8%), Asset Management 10,575 Millions of yen (business profit) (YoY +7.3%), Brokerage and CRE 18,994 Millions of yen (business profit) (YoY +14.6%), Property management 13,526 Millions of yen (business profit) (YoY +13.3%), Other 94 Millions of yen (business profit) (YoY -30.7%) |
| Depreciation and amortization | ¥29,366 million |
| Impairment loss | ¥20,073 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥17,351 million, Gain on sale of investment securities ¥858 million, Other ¥1,287 million / Extraordinary loss Impairment Losses ¥20,073 million, Losses related to rebuilding ¥14,753 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 917,927,685 |
| Treasury Shares at Period-End | 63,725,878 |
| Factors Behind Changes in Business Performance | Housing, Urban Development, Asset Management, Brokerage and CRE, and Property and Facility Management recorded higher revenue and income, while Overseas recorded lower revenue and income. Revenue was ¥942,505 million and operating income was ¥138,242 million. |
Items this document does not state (3)
Revision to Earnings ForecastRegional 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.The company explained that the Housing, Urban Development, Asset Management, Brokerage and CRE, and Property and Facility Management segments each recorded higher revenue and income, while the Overseas segment recorded lower revenue and income. No specific factors, such as sales volume or prices, were provided for the changes in consolidated results.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.