Worth reading
36Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
15702
¥ millionWording
Conditional
How definitive the wording is.Results for this period
First quarter1 June 2026 to 31 August 2026ConsolidatedJapanese GAAPNet Sales15,702¥ millionProgress 34.9%
Operating profit2,574¥ millionProgress 72.5%
Ordinary income2,438¥ millionProgress 77.8%
Net income attributable to owners of the parent1,410¥ millionProgress 87.1%
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¥42.62
Financial position at period-end
Total assets46,538¥ million
of which net assets 18,499 ¥ millionEquity ratio 31.9%vs. prior year-end +2.6pt
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.
Segment revenueSubdivision development business ¥0 million, Rental development business ¥7,804 million, Value enhancement business ¥738 million, Construction contracting business ¥7,156 million
Segment profitSubdivision development business ¥0 million, Rental development business ¥1,987 million, Value enhancement business ¥134 million, Construction contracting business ¥751 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥45,018 million (YoY +52.8%)
Operating profit¥3,549 million (YoY +9.3%)
Ordinary income¥3,135 million (YoY +2.6%)
Net income¥1,618 million (YoY -13.9%)
Annual Dividend Forecast¥8 → ¥10（+25.0%）
Factors Behind Changes in Business Performance
The company sold 7 projects in the rental development business and 1 project in the value-enhancement business, increased new orders in the construction contracting business, and made progress on projects already ordered.
Disclosure regarding the going concern assumption
No applicable matters.
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 No / Excluded No / Company name Not disclosed
Impairment lossNo applicable matters.
Depreciation and amortization¥3 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End35,147,915 Shares
Treasury Shares at Period-End2,052,760 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 June 2026 to 31 August 2026 |
| Net Sales | ¥15,702 million |
| Operating profit | ¥2,574 million |
| Ordinary income | ¥2,438 million |
| Profit attributable to owners of the parent | ¥1,410 million |
| Net income per share | ¥42.62 |
| Equity ratio | End of the current fiscal period 31.9% / End of previous period 29.3% |
| Total assets | ¥46,538 million |
| Net assets | ¥18,499 million |
| Full-year earnings forecast | Net Sales ¥45,018 million (YoY +52.8%) / Operating profit ¥3,549 million (YoY +9.3%) / Ordinary income ¥3,135 million (YoY +2.6%) / Net income ¥1,618 million (YoY -13.9%) |
| Annual Dividend Forecast | ¥8 → ¥10（+25.0%） |
| Segment revenue | Subdivision development business ¥0 million, Rental development business ¥7,804 million, Value enhancement business ¥738 million, Construction contracting business ¥7,156 million |
| Segment profit | Subdivision development business ¥0 million, Rental development business ¥1,987 million, Value enhancement business ¥134 million, Construction contracting business ¥751 million |
| Depreciation and amortization | ¥3 million |
| Impairment loss | No applicable matters. |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 No / Excluded No / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 35,147,915 Shares |
| Treasury Shares at Period-End | 2,052,760 Shares |
| Factors Behind Changes in Business Performance | The company sold 7 projects in the rental development business and 1 project in the value-enhancement business, increased new orders in the construction contracting business, and made progress on projects already ordered. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (loss)Material subsequent events
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 sold 7 projects in the rental development business and 1 project in the value-enhancement business, increased new orders in the construction contracting business, and made progress on projects already ordered. The company explained that these businesses are generally progressing in line with the initial plan.
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.