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Revision of earnings forecasts3261GRANDES,Inc.Real Estate

Notice Regarding Differences Between Earnings Forecasts and Actual Results

Actual results for the second quarter of the fiscal year ending December 2026 fell below the forecast announced on 10 February 2026. Operating profit and ordinary profit were significantly below forecast, but the full-year earnings forecast remains unchanged.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-80.5
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Second quarter (interim period)Previous forecast published 10 February 2026
Net Sales1,500→1,450million
-3.3%
Operating profit60→15million
-74.7%
Ordinary income45→8million
-80.5%
Profit attributable to owners of the parent30→20million
-30.6%
Net income per share7.32→5.08yen
-30.6%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The profit margin on built-for-sale housing declined and sales were sluggish due to the impact of the naphtha shock. The disclosure also describes the firm performance of the construction contracting business and land sales and purchases, sales of investment properties, and measures including the sale of fixed assets.

Previous-period resultsRevenue: ¥1,449 million; operating loss: ¥61 million; ordinary loss: ¥60 million; net loss attributable to owners of the parent: ¥75 million; net loss per share: ¥18.46
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥1,500 million → ¥1,450 million(-3.3%)
Operating profit¥60 million → ¥15 million(-74.7%)
Ordinary income¥45 million → ¥8 million(-80.5%)
Profit attributable to owners of the parent¥30 million → ¥20 million(-30.6%)
Net income per share7.32 yen → 5.08 yen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredSecond quarter (interim period)
Publication date of previous forecast10 February 2026
Previous-period resultsRevenue: ¥1,449 million; operating loss: ¥61 million; ordinary loss: ¥60 million; net loss attributable to owners of the parent: ¥75 million; net loss per share: ¥18.46
Reason for the revisionThe profit margin on built-for-sale housing declined and sales were sluggish due to the impact of the naphtha shock. The disclosure also describes the firm performance of the construction contracting business and land sales and purchases, sales of investment properties, and measures including the sale of fixed assets.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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 naphtha shock reduced profit margins on built-for-sale housing, and sales were sluggish. Meanwhile, the construction contracting business and land sales and purchases remained firm, and measures including the sale of fixed assets were also advanced.

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.
Notice Regarding Differences Between Earnings Forecasts and Actual Results | GRANDES,Inc. (3261) timely disclosure | Komori