Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
6000
¥ million (change in full-year net sales forecast)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales65,492¥ millionYear on year +50.8%Progress 61.8%
Operating profit7,628¥ millionYear on year +77.7%Progress 60.1%
Ordinary income5,485¥ millionYear on year +75.8%Progress 57.7%
Net income attributable to owners of the parent5,284¥ millionYear on year +91.2%
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¥255.41
Financial position at period-end
Total assets196,635¥ million
of which net assets 55,178 ¥ millionEquity ratio 26.8%vs. prior year-end -7.3pt
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 revenue
Real Estate Investment Business62,30295.7%
Real Estate Leasing Business1,9243.0%
Asset Management Business9071.4%
Segment profit
Real Estate Investment Business9,19885.0%
Real Estate Leasing Business1,26811.7%
Asset Management Business3593.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥106,000 million (YoY +38.9%)
Operating profit¥12,700 million (YoY +47.6%)
Ordinary income¥9,500 million (YoY +32.1%)
Profit attributable to owners of the parent¥8,500 million (YoY +15.3%)
Revision to Earnings ForecastNet Sales ¥100,000 million → ¥106,000 million（6.0%） / Operating profit ¥12,000 million → ¥12,700 million（5.8%） / Ordinary income ¥9,000 million → ¥9,500 million（5.6%） / Profit attributable to owners of the parent ¥8,000 million → ¥8,500 million（6.3%）
Annual Dividend Forecast¥130 → ¥135
Shareholder Return PolicyAims for progressive dividends (numeric target: Not disclosed)
Factors Behind Changes in Business Performance
The company promoted new acquisitions and sales of real estate held for sale. In addition to the results of its 3 growth strategies, it accelerated acquisitions against the backdrop of corporate real estate sales, reviews of CRE strategies and rising construction costs.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 1 / Company name Silent partnership operated by 地主・KJRM合同会社 / Excluded Number of companies 3 / Company name LCP San Antonio Owner LLC, LCP Jinushi MO JV 1 LLC, LCP St Peters Owner LLC
Material subsequent eventsNot applicable
Impairment lossNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥33 million / Extraordinary loss Not disclosed
Depreciation and amortization¥433 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone
Issued Shares at Period-End21,569,700 shares
Treasury Shares at Period-End872,588 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 September 2026 |
| Net Sales | ¥65,492 million (YoY +50.8%) |
| Operating profit | ¥7,628 million (YoY +77.7%) |
| Ordinary income | ¥5,485 million (YoY +75.8%) |
| Profit attributable to owners of the parent | ¥5,284 million (YoY +91.2%) |
| Net income per share | ¥255.41 |
| Equity ratio | End of the current fiscal period 26.8 / End of previous period 34.1 |
| Total assets | ¥196,635 million |
| Net assets | ¥55,178 million |
| Full-year earnings forecast | Net Sales ¥106,000 million (YoY +38.9%) / Operating profit ¥12,700 million (YoY +47.6%) / Ordinary income ¥9,500 million (YoY +32.1%) / Profit attributable to owners of the parent ¥8,500 million (YoY +15.3%) |
| Revision to Earnings Forecast | Net Sales ¥100,000 million → ¥106,000 million（6.0%） / Operating profit ¥12,000 million → ¥12,700 million（5.8%） / Ordinary income ¥9,000 million → ¥9,500 million（5.6%） / Profit attributable to owners of the parent ¥8,000 million → ¥8,500 million（6.3%） |
| Annual Dividend Forecast | ¥130 → ¥135 |
| Shareholder Return Policy | Aims for progressive dividends (numeric target: Not disclosed) |
| Segment revenue | Segment Real Estate Investment Business / Net Sales ¥62,302 million / yoy_pct 49.6, Segment Real Estate Leasing Business / Net Sales ¥1,924 million / yoy_pct 108.1, Segment Asset Management Business / Net Sales ¥907 million / yoy_pct 4.7 |
| Segment profit | Segment Real Estate Investment Business / Segment profit ¥9,198 million / yoy_pct 42.1, Segment Real Estate Leasing Business / Segment profit ¥1,268 million / yoy_pct 137.5, Segment Asset Management Business / Segment profit ¥359 million / yoy_pct -1 |
| Depreciation and amortization | ¥433 million |
| Impairment loss | Not applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥33 million / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New Number of companies 1 / Company name Silent partnership operated by 地主・KJRM合同会社 / Excluded Number of companies 3 / Company name LCP San Antonio Owner LLC, LCP Jinushi MO JV 1 LLC, LCP St Peters Owner LLC |
| Material subsequent events | Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 21,569,700 shares |
| Treasury Shares at Period-End | 872,588 shares |
| Factors Behind Changes in Business Performance | The company promoted new acquisitions and sales of real estate held for sale. In addition to the results of its 3 growth strategies, it accelerated acquisitions against the backdrop of corporate real estate sales, reviews of CRE strategies and rising construction costs. |
Items this document does not state (8)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioRegional 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.Because the likelihood of achieving the current fiscal year's consolidated earnings has increased. In addition to promoting new acquisitions and sales of real estate held for sale, the company accelerated acquisitions against the backdrop of the results of its 3 growth strategies, corporate real estate sales, reviews of CRE strategies and rising construction costs.
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.