Results for this period
First quarter1 July 2026–30 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.
In the previous consolidated fiscal year, revenue recognition from urban rental apartments and other properties was concentrated in the first quarter, whereas in the current consolidated fiscal year it is concentrated from the third-quarter consolidated accounting period onward. Completion and handover schedules for urban rental apartments and other properties are more concentrated in the third quarter onward than in a typical year. The detached-house and townhouse development sales and apartment development businesses of consolidated subsidiaries have remained strong since the beginning of the fiscal year.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2026–30 September 2026 |
| Net Sales | ¥4,927 million (YoY -65.4%) |
| Operating profit | ¥25 million (YoY -99.0%) |
| Ordinary income | ¥-260 million |
| Profit attributable to owners of the parent | ¥-277 million |
| Net income per share | ¥(7.53) |
| Equity ratio | End of the current fiscal period 21.5 / End of previous period 24.7 |
| Total assets | ¥87,063 million |
| Net assets | ¥18,729 million |
| Full-year earnings forecast | Net Sales ¥43,500 million (YoY +10.4%) / Operating profit ¥4,200 million (YoY +1.3%) / Ordinary income ¥3,150 million (YoY +0.5%) / Net income ¥2,150 million (YoY +1.0%) |
| Annual Dividend Forecast | 24 Yen → 24 Yen（0.0%） |
| Segment revenue | Real estate business ¥4,873 million (YoY -65.6%), Hotel Business ¥53 million (YoY -0.2%) |
| Segment profit | Real estate business ¥435 million (YoY -85.4%), Hotel Business ¥9 million (YoY -10.1%) |
| Depreciation and amortization | ¥57,878 thousand |
| Breakdown of extraordinary income (loss) | Loss on valuation of golf membership rights ¥4,441 thousand |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For institutional investors and analysts |
| Issued Shares at Period-End | 37,574,100 shares |
| Treasury Shares at Period-End | 659,050 shares |
| Factors Behind Changes in Business Performance | In the previous consolidated fiscal year, revenue recognition from urban rental apartments and other properties was concentrated in the first quarter, whereas in the current consolidated fiscal year it is concentrated from the third-quarter consolidated accounting period onward. Completion and handover schedules for urban rental apartments and other properties are more concentrated in the third quarter onward than in a typical year. The detached-house and townhouse development sales and apartment development businesses of consolidated subsidiaries have remained strong since the beginning of the fiscal year. |
Items this document does not state (12)
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 previous consolidated fiscal year, revenue recognition from urban rental apartments and other properties was concentrated in the first quarter, whereas in the current consolidated fiscal year it is concentrated from the third-quarter consolidated accounting period onward. Completion and handover schedules are more concentrated in the third quarter onward than in a typical year.