Komori
Earnings3261GRANDES,Inc.Real estate

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

First-quarter revenue fell 25.5% year on year to ¥596 million, while the operating loss widened from ¥14 million to ¥22 million. Meanwhile, the net loss attributable to owners of the parent narrowed from ¥28 million to ¥15 million, mainly due to the impact of corporate income taxes and other factors.

Worth reading
41Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-25.5
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales596¥ millionYear on year -25.5%Progress 16.6%
Operating profit-22¥ million
Ordinary income-22¥ million
Net income attributable to owners of the parent-15¥ million

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-¥3.75
Financial position at period-end
Total assets5,409¥ million
of which net assets 2,609 ¥ millionEquity ratio 48.2%vs. prior year-end -0.2pt

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 revenueReal estate sales business ¥304,984 thousand (YoY -39.1%), Construction contracting business ¥301,348 thousand (YoY +0.5%)
Segment profitReal estate sales business ¥-2,610 thousand, Construction contracting business ¥389 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥3,600 million (YoY +5.4%)
Operating profit¥150 million
Ordinary income¥120 million (YoY +315.5%)
Profit attributable to owners of the parent¥80 million
Annual Dividend Forecast¥15 → ¥15(0.0%)
Factors Behind Changes in Business Performance

In the Kanto area, transactions progressed mainly in construction contracting and land sales against a backdrop of firm demand. In the Kyushu and Shikoku areas, however, the period required to complete sales lengthened and the number of contracts declined as households purchasing homes for their own use became more cautious and competition intensified. In the real estate sales business, sales of spec homes were sluggish. In the construction contracting business, the Company focused on orders for repairs and renovations while working to improve profitability through cost reductions.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Depreciation and amortization¥14,158 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End4,100,874 Shares
Treasury Shares at Period-End837 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥596 million (YoY -25.5%)
Operating profit¥-22 million
Ordinary income¥-22 million
Profit attributable to owners of the parent¥-15 million
Net income per share-¥3.75
Equity ratioEnd of the current fiscal period 48.2 / End of previous period 48.4
Total assets¥5,409 million
Net assets¥2,609 million
Full-year earnings forecastNet Sales ¥3,600 million (YoY +5.4%) / Operating profit ¥150 million / Ordinary income ¥120 million (YoY +315.5%) / Profit attributable to owners of the parent ¥80 million
Annual Dividend Forecast¥15 → ¥15(0.0%)
Segment revenueReal estate sales business ¥304,984 thousand (YoY -39.1%), Construction contracting business ¥301,348 thousand (YoY +0.5%)
Segment profitReal estate sales business ¥-2,610 thousand, Construction contracting business ¥389 thousand
Depreciation and amortization¥14,158 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End4,100,874 Shares
Treasury Shares at Period-End837 Shares
Factors Behind Changes in Business PerformanceIn the Kanto area, transactions progressed mainly in construction contracting and land sales against a backdrop of firm demand. In the Kyushu and Shikoku areas, however, the period required to complete sales lengthened and the number of contracts declined as households purchasing homes for their own use became more cautious and competition intensified. In the real estate sales business, sales of spec homes were sluggish. In the construction contracting business, the Company focused on orders for repairs and renovations while working to improve profitability through cost reductions.
Items this document does not state (13)
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 backlogImpairment lossBreakdown 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.

In the Kanto area, transactions progressed mainly in construction contracting and land sales against a backdrop of firm demand. In the Kyushu and Shikoku areas, however, the period required to complete sales lengthened and the number of contracts declined as households purchasing homes for their own use became more cautious and competition intensified. In the real estate sales business, sales of spec homes were sluggish. In the construction contracting business, the Company focused on orders for repairs and renovations while working to reduce costs.

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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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | GRANDES,Inc. (3261) timely disclosure | Komori