Worth reading
56In 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
16.3
Operating profit growth rate (year on year, %)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials on financial resultsFirst quarter of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥14,947 million+3.3%
Operating profit¥832 million+16.3%
Ordinary income¥841 million+17.1%
Net income¥575 million+11.7%
Full-year earnings forecast
Net Sales
¥59,500 million
Operating profit
¥2,900 million
Ordinary income
¥2,910 million
Profit attributable to owners of the parent
¥1,980 million
Earnings per share
¥118
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales25.1%
Operating profit28.7%
Ordinary income28.9%
Profit attributable to owners of the parent29.0%
Earnings per share29.2%
Units under management99.4%
New applications19.5%
Property management revenue25.4%
Ancillary property management business revenue25.5%
Other revenue19.7%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing as plannedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Property management revenue
¥357 million
Ancillary property management business revenue
¥17 million
Rent arrears guarantees
¥9 million
Insurance Business
¥21 million
JPMC Hikari service
¥-13 million
Other revenue
¥107 million
Of which, renovation business
¥17 million
New initiatives
- Accelerating M&A focused on increasing managed units
- Strengthening the M&A structure
- Growth investments, including M&A, the use of AI, digital transformation and human capital management
Key KPIsA metric the company considers important as a management benchmark.
- Units under management108,337 unitsYear on year against the same period last year-0.0%
- New applications1,816 unitsYear on year against the same period last year-9.7%
- Managed-unit growth rate2.7 %
- Number of partners1,400 companies
- Number of partner financial institutions164 Organization
Market Size / Share
Property3 million properties nationwide
Existing properties23.89 million existing properties nationwide
Number of employees
Number of Employees445 people
Record date31 March 2026
Annual Dividend
Annual dividend per share¥64
Payout ratio
54.2% (forecast) / policy of maintaining a payout ratio of at least 40%Acquisition of treasury shares
PolicyConsider share buybacks as necessary if surplus funds arise
| Item | Details |
|---|---|
| Document type | Presentation materials on financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥14,947 million (YoY +3.3%) |
| Operating profit | ¥832 million (YoY +16.3%) |
| Ordinary income | ¥841 million (YoY +17.1%) |
| Net income | ¥575 million (YoY +11.7%) |
| Full-year earnings forecast | Net Sales ¥59,500 million / Operating profit ¥2,900 million / Ordinary income ¥2,910 million / Profit attributable to owners of the parent ¥1,980 million / Earnings per share ¥118 |
| Progress against full-year forecast | Net Sales 25.1% / Operating profit 28.7% / Ordinary income 28.9% / Profit attributable to owners of the parent 29.0% / Earnings per share 29.2% / Units under management 99.4% / New applications 19.5% / Property management revenue 25.4% / Ancillary property management business revenue 25.5% / Other revenue 19.7% |
| Self-assessment against the plan | Progressing as planned |
| Breakdown of Factors Affecting the Change | Property management revenue ¥357 million / Ancillary property management business revenue ¥17 million / Rent arrears guarantees ¥9 million / Insurance Business ¥21 million / JPMC Hikari service ¥-13 million / Other revenue ¥107 million / Of which, renovation business ¥17 million |
| Key KPIs | Units under management 108,337 units, New applications 1,816 units, Managed-unit growth rate 2.7 %, Number of partners 1,400 companies, Number of partner financial institutions 164 Organization |
| Number of employees | Number of Employees 445 people / Record date 31 March 2026 / Changes during the period and hiring plan Not disclosed |
| Annual Dividend | Annual dividend per share ¥64 / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | 54.2% (forecast) / policy of maintaining a payout ratio of at least 40% |
| Acquisition of treasury shares | Amount under the acquisition limit Not disclosed / Number of shares under the acquisition limit Not disclosed / Period Not disclosed / Policy Consider share buybacks as necessary if surplus funds arise |
| Market Size / Share | Property 3 million properties nationwide / Existing properties 23.89 million existing properties nationwide / Market share Not disclosed |
| New initiatives | Accelerating M&A focused on increasing managed units, Strengthening the M&A structure, Growth investments, including M&A, the use of AI, digital transformation and human capital management |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsCapital expendituresOrders received and order backlogKey points of the Q&A
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.Growth in gross profit driven by improvements in the quality of the managed property base. The company continued its sales strategy focused on profitability, and cross-selling of services such as rent arrears guarantees and insurance also progressed smoothly.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.