Komori
Earnings3261GRANDES,Inc.Real Estate

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

During the interim period, revenue remained at approximately the same level as in the year-earlier period, while operating income, ordinary income and net income all moved from loss to profit. The full-year earnings forecasts and annual dividend forecast remain unchanged from the previously announced figures.

Worth reading
42Recurring
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
15
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales1,450¥ millionYear on year +0.1%Progress 40.3%
Operating profit15¥ millionProgress 10.0%
Ordinary income8¥ millionProgress 6.7%
Net income attributable to owners of the parent20¥ 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¥5.08
Financial position at period-end
Total assets5,046¥ million
of which net assets 2,645 ¥ millionEquity ratio 52.4%vs. prior year-end +4.0pt

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+86,775
Investment+105,411
Financials-349,870
Net change-157,684

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¥808,494 thousand
Segment revenueReal estate sales business ¥784,644 thousand (YoY -7.6%), Construction contracting business ¥711,500 thousand (YoY +18.3%)
Segment profitReal estate sales business ¥40,081 thousand (YoY -51.1%), Construction contracting business ¥25,453 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
Revision to Earnings ForecastNot disclosed
Annual Dividend Forecast¥15 → ¥15(0.0%)
Factors Behind Changes in Business Performance

The construction contracting business and land transactions remained solid, particularly in the Kanto area, while sales of income-producing real estate progressed, assets were sold and costs were continuously cut in the construction contracting business. In the real estate sales business, the profit margin on spec homes declined due to the naphtha shock, and sales were sluggish.

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 0 / Name of newly added company Not disclosed / Excluded 0 / Excluded Company Name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥19,653 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥28,478 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End4,100,874
Treasury Shares at Period-End837
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥1,450 million (YoY +0.1%)
Operating profit¥15 million
Ordinary income¥8 million
Profit attributable to owners of the parent¥20 million
Net income per share¥5.08
Equity ratioEnd of the current fiscal period 52.4 / End of previous period 48.4
Total assets¥5,046 million
Net assets¥2,645 million
Cash flows from operating activities¥86,775 thousand
Cash flows from investing activities¥105,411 thousand
Cash flows from financing activities¥-349,870 thousand
Cash and cash equivalents at end of period¥808,494 thousand
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
Revision to Earnings ForecastNot disclosed
Annual Dividend Forecast¥15 → ¥15(0.0%)
Segment revenueReal estate sales business ¥784,644 thousand (YoY -7.6%), Construction contracting business ¥711,500 thousand (YoY +18.3%)
Segment profitReal estate sales business ¥40,081 thousand (YoY -51.1%), Construction contracting business ¥25,453 thousand
Depreciation and amortization¥28,478 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥19,653 thousand / Extraordinary loss Not disclosed
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 0 / Name of newly added company Not disclosed / Excluded 0 / Excluded Company Name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End4,100,874
Treasury Shares at Period-End837
Factors Behind Changes in Business PerformanceThe construction contracting business and land transactions remained solid, particularly in the Kanto area, while sales of income-producing real estate progressed, assets were sold and costs were continuously cut in the construction contracting business. In the real estate sales business, the profit margin on spec homes declined due to the naphtha shock, and sales were sluggish.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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 construction contracting business and land transactions remained solid, particularly in the Kanto area, and sales of income-producing real estate progressed. In addition, the Company sold assets held and continued to cut costs in the construction contracting business. Meanwhile, in the real estate sales business, the profit margin on spec homes declined due to the naphtha shock, and sales were sluggish.

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