Komori
Earnings3246KOSE R.E. Co.,Ltd.Real Estate

Summary of Financial Results for the Fiscal Year Ended January 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ending January 2026, revenue, operating profit, ordinary profit and net income increased significantly, due to an increase in the number of condominium units handed over and the completion of new properties. For the fiscal year ending January 2027, revenue is expected to increase, but operating profit is forecast at ¥545 million, below the current fiscal year's actual result.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
138.9
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 February 2025–31 January 2026ConsolidatedJapanese GAAP
Net Sales10,045,621¥ thousandYear on year +31.3%
Operating profit768,792¥ thousandYear on year +138.9%
Ordinary income982,294¥ thousandYear on year +96.0%
Net income attributable to owners of the parent695,704¥ thousandYear on year +104.0%

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.

Net income per share68.50円
Financial position at period-end
Total assets19,773,825¥ thousand
of which net assets 10,660,146 ¥ thousandEquity ratio 53.9%vs. prior year-end -6.1pt

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-1,264,596
Investment-114,088
Financials+1,812,125
Net change+433,441

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥4,672,693 thousand
Segment revenueFamily-Oriented Condominium Sales Business ¥6,287,001 thousand (YoY +72.1%), Investment-Oriented Condominium Sales Business ¥3,018,792 thousand (YoY +31.7%), Real Estate Leasing and Management ¥316,001 thousand (YoY -2.6%), Building Maintenance Business ¥354,700 thousand (YoY +3.1%)
Segment profitFamily-Oriented Condominium Sales Business ¥712,428 thousand (YoY +455.8%), Investment-Oriented Condominium Sales Business ¥239,314 thousand (YoY +1,364.6%), Real Estate Leasing and Management ¥63,253 thousand (YoY -0.9%), Building Maintenance Business ¥64,079 thousand (YoY +16.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥10,350 million
Operating profit¥545 million
Ordinary income¥664 million
Net income¥440 million
Annual Dividend Forecast¥24 per share → ¥24 per share（0.0%）
Payout ratioCurrent fiscal year 35 % / Next period 55.4 %
Shareholder Return Policy連結配当性向30％を重要な指針とする。ただし、当期および次期については同方針を排除した配当を予定。
Factors Behind Changes in Business Performance

ファミリーマンション販売事業で128戸（前期77戸）、資産運用型マンション販売事業で151戸（前期124戸）を引き渡した。資産運用型マンションでは前期になかった新規物件2棟が完成した。不動産賃貸管理事業は物件売却などに伴う管理会社変更で管理戸数が減少し、その他事業は前期に販売用土地を売却した反動で減収減益となった。

Disclosure regarding the going concern assumption

No applicable matters.

Changes in the scope of consolidationNew Not disclosed / Excluded 1 / Name of excluded company 株式会社コーセーアセットプラン
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)No applicable matters.
Depreciation and amortization¥34,821 thousand
Orders received and order backlogContracts entered into during the period ¥11,001,561 thousand / 年度末契約残高 ¥3,168,673 thousand
Issued Shares at Period-End10,368,000 Shares
Treasury Shares at Period-End211,287 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 February 2025–31 January 2026
Net Sales¥10,045,621 thousand (YoY +31.3%)
Operating profit¥768,792 thousand (YoY +138.9%)
Ordinary income¥982,294 thousand (YoY +96.0%)
Profit attributable to owners of the parent¥695,704 thousand (YoY +104.0%)
Net income per share68.50円
Equity ratioEnd of the current fiscal period 53.9 % / End of previous period 60 %
Total assets¥19,773,825 thousand
Net assets¥10,660,146 thousand
Cash flows from operating activities¥-1,264,596 thousand
Cash flows from investing activities¥-114,088 thousand
Cash flows from financing activities¥1,812,125 thousand
Cash and cash equivalents at end of period¥4,672,693 thousand
Full-year earnings forecastNet Sales ¥10,350 million / Operating profit ¥545 million / Ordinary income ¥664 million / Net income ¥440 million
Annual Dividend Forecast¥24 per share → ¥24 per share（0.0%）
Payout ratioCurrent fiscal year 35 % / Next period 55.4 %
Shareholder Return Policy連結配当性向30％を重要な指針とする。ただし、当期および次期については同方針を排除した配当を予定。
Segment revenueFamily-Oriented Condominium Sales Business ¥6,287,001 thousand (YoY +72.1%), Investment-Oriented Condominium Sales Business ¥3,018,792 thousand (YoY +31.7%), Real Estate Leasing and Management ¥316,001 thousand (YoY -2.6%), Building Maintenance Business ¥354,700 thousand (YoY +3.1%)
Segment profitFamily-Oriented Condominium Sales Business ¥712,428 thousand (YoY +455.8%), Investment-Oriented Condominium Sales Business ¥239,314 thousand (YoY +1,364.6%), Real Estate Leasing and Management ¥63,253 thousand (YoY -0.9%), Building Maintenance Business ¥64,079 thousand (YoY +16.0%)
Orders received and order backlogContracts entered into during the period ¥11,001,561 thousand / 年度末契約残高 ¥3,168,673 thousand
Depreciation and amortization¥34,821 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)No applicable matters.
Disclosure regarding the going concern assumptionNo applicable matters.
Changes in the scope of consolidationNew Not disclosed / Excluded 1 / Name of excluded company 株式会社コーセーアセットプラン
Material subsequent eventsNo applicable matters.
Issued Shares at Period-End10,368,000 Shares
Treasury Shares at Period-End211,287 Shares
Factors Behind Changes in Business Performanceファミリーマンション販売事業で128戸（前期77戸）、資産運用型マンション販売事業で151戸（前期124戸）を引き渡した。資産運用型マンションでは前期になかった新規物件2棟が完成した。不動産賃貸管理事業は物件売却などに伴う管理会社変更で管理戸数が減少し、その他事業は前期に販売用土地を売却した反動で減収減益となった。
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastRegional salesChange in accounting policyAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results Briefing

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.

ファミリーマンション販売事業では128戸を引き渡し、資産運用型マンション販売事業では新規物件2棟が完成した。不動産賃貸管理事業は物件売却などに伴う管理会社変更で管理戸数が減少し、その他事業は前期に販売用土地を売却した反動で減収減益となった。

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.
Summary of Financial Results for the Fiscal Year Ended January 2026 [Japanese GAAP] (Consolidated) | KOSE R.E. Co.,Ltd. (3246) timely disclosure | Komori