Worth reading
57In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
6000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales378,470¥ millionYear on year -4.8%Progress 34.9%
Operating profit46,500¥ millionYear on year -18.7%Progress 31.8%
Ordinary income39,040¥ millionYear on year -23.2%Progress 30.7%
Net income attributable to owners of the parent27,325¥ millionYear on year -12.9%Progress 31.8%
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¥31.92
Financial position at period-end
Total assets2,918,582¥ million
of which net assets 818,925 ¥ millionEquity ratio 28.0%vs. prior year-end -0.5pt
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-76,208
Investment-15,415
Financials+93,033
Net change+1,410
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¥38,240 million
Segment revenue
Housing194,19251.3%
Urban Development92,32324.4%
Overseas1,8000.5%
Asset management8,2552.2%
Brokerage and CRE30,8328.1%
Property management50,92813.5%
Segment profit
Housing26,850
Urban Development9,704
Overseas-399
Asset management5,419
Brokerage and CRE9,685
Property management3,615
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,085,000 million (YoY +15.1%)
Operating profit¥146,000 million (YoY +5.6%)
Ordinary income¥127,000 million (YoY +1.8%)
Net income¥86,000 million (YoY +3.8%)
Revision to Earnings ForecastNet Sales ¥1,080,000 million → ¥1,085,000 million（+0.5%） / Operating profit ¥140,000 million → ¥146,000 million（+4.3%） / Business profit ¥150,000 million → ¥153,000 million（+2.0%） / Ordinary income ¥125,000 million → ¥127,000 million（+1.6%） / Profit attributable to owners of the parent ¥86,000 million → ¥86,000 million
Annual Dividend Forecast40 Yen → 44 Yen（+10.0%）
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 Not disclosed
Impairment loss¥673 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥519 million, Gain on sale of investment securities ¥502 million, Gain on sale of shares in a subsidiary ¥109 million, Reversal of asset retirement obligations ¥864 million / Extraordinary loss Impairment loss ¥673 million, Litigation Settlement ¥425 million
Depreciation and amortization¥13,628 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End917,942,685
Treasury Shares at Period-End59,960,720
| 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 | ¥378,470 million (YoY -4.8%) |
| Operating profit | ¥46,500 million (YoY -18.7%) |
| Ordinary income | ¥39,040 million (YoY -23.2%) |
| Profit attributable to owners of the parent | ¥27,325 million (YoY -12.9%) |
| Net income per share | ¥31.92 |
| Equity ratio | End of the current fiscal period 28 / End of previous period 28.5 |
| Total assets | ¥2,918,582 million |
| Net assets | ¥818,925 million |
| Cash flows from operating activities | ¥-76,208 million |
| Cash flows from investing activities | ¥-15,415 million |
| Cash flows from financing activities | ¥93,033 million |
| Cash and cash equivalents at end of period | ¥38,240 million |
| Full-year earnings forecast | Net Sales ¥1,085,000 million (YoY +15.1%) / Operating profit ¥146,000 million (YoY +5.6%) / Ordinary income ¥127,000 million (YoY +1.8%) / Net income ¥86,000 million (YoY +3.8%) |
| Revision to Earnings Forecast | Net Sales ¥1,080,000 million → ¥1,085,000 million（+0.5%） / Operating profit ¥140,000 million → ¥146,000 million（+4.3%） / Business profit ¥150,000 million → ¥153,000 million（+2.0%） / Ordinary income ¥125,000 million → ¥127,000 million（+1.6%） / Profit attributable to owners of the parent ¥86,000 million → ¥86,000 million |
| Annual Dividend Forecast | 40 Yen → 44 Yen（+10.0%） |
| Segment revenue | Housing ¥194,192 million / Urban Development ¥92,323 million / Overseas ¥1,800 million / Asset management ¥8,255 million / Brokerage and CRE ¥30,832 million / Property management ¥50,928 million |
| Segment profit | Housing ¥26,850 million / Urban Development ¥9,704 million / Overseas ¥-399 million / Asset management ¥5,419 million / Brokerage and CRE ¥9,685 million / Property management ¥3,615 million |
| Depreciation and amortization | ¥13,628 million |
| Impairment loss | ¥673 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥519 million, Gain on sale of investment securities ¥502 million, Gain on sale of shares in a subsidiary ¥109 million, Reversal of asset retirement obligations ¥864 million / Extraordinary loss Impairment loss ¥673 million, Litigation Settlement ¥425 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 Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 917,942,685 |
| Treasury Shares at Period-End | 59,960,720 |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent eventsFactors Behind Changes in Business Performance
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.Following a review of the outlook based on performance during the six months ended September 2026.
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.