Results for this period
Interim period (second quarter)1 December 2025–31 May 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
A decline in new contract orders due to customers taking a more cautious approach to investment amid rising interest rates, revisions to the sale and handover schedules for development-for-sale projects due to more sophisticated sales methods, higher construction costs resulting from rising building prices, and higher personnel expenses associated with strengthening the staffing structure.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025–31 May 2026 |
| Net Sales | ¥3,252 million (YoY -17.5%) |
| Operating profit | ¥-120 million |
| Ordinary income | ¥-139 million |
| Profit attributable to owners of the parent | ¥-19 million |
| Net income per share | -¥3.64 |
| Equity ratio | End of the current fiscal period 35.9 / End of previous period 33.3 |
| Total assets | ¥9,101 million |
| Net assets | ¥3,315 million |
| Cash flows from operating activities | ¥-2,682,495 thousand |
| Cash flows from investing activities | ¥-52,776 thousand |
| Cash flows from financing activities | ¥630,584 thousand |
| Cash and cash equivalents at end of period | ¥2,829,969 thousand |
| Full-year earnings forecast | Net Sales ¥8,800 million (YoY +6.9%) / Operating profit ¥380 million (YoY -35.5%) / Ordinary income ¥355 million (YoY -37.7%) / Net income ¥270 million (YoY -32.2%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 8,800 / Operating profit 380 / Ordinary income 355 / Net income 270 |
| Annual Dividend Forecast | ¥20 → ¥25(+25.0%) |
| Orders received and order backlog | Orders received ¥1,815,753 thousand / Order backlog ¥5,059,744 thousand |
| Depreciation and amortization | ¥16,342 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥84,260 thousand, Item Compensation received / Amount ¥150,000 thousand, Item Other / Amount ¥23,594 thousand / Extraordinary loss Item Loss on termination of share-based benefit trust / Amount ¥97,248 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies (company name: —) / Excluded 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 5,744,900 |
| Treasury Shares at Period-End | 372,724 |
| Factors Behind Changes in Business Performance | A decline in new contract orders due to customers taking a more cautious approach to investment amid rising interest rates, revisions to the sale and handover schedules for development-for-sale projects due to more sophisticated sales methods, higher construction costs resulting from rising building prices, and higher personnel expenses associated with strengthening the staffing structure. |
Items this document does not state (8)
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 Company cited a decline in the number of new contract orders from the previous year as customers took a more cautious approach to investment amid rising interest rates, revisions to the sale and handover schedules for development-for-sale projects due to more sophisticated sales methods, higher construction costs resulting from rising building prices, and higher personnel expenses associated with strengthening its staffing structure. The reason for revising the full-year forecast was a review based on recent business performance trends.