Worth reading
46Recurring
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
53.3
Percentage increase in the full-year operating profit forecast versus the initial plan (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥16,590 million+14.3%
Operating profit¥2,573 million+14.9%
Ordinary income¥2,278 million+9.7%
Net income¥1,584 million+12.3%
Selling, general and administrative expenses¥2,696 million
Full-year earnings forecast
Net Sales
¥31,000 million
Operating profit
¥3,680 million
Ordinary income
¥3,050 million
Net income for the current fiscal year
¥2,190 million
EPS
¥134.62
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
First-half results exceeded the planNew initiatives
- A 2-for-1 split of the common shares, effective 1 July 2026
- Strengthening brand communications to mark the 50th anniversary of the company's founding
Key KPIsA metric the company considers important as a management benchmark.
- First-half net sales in the real estate sales business¥165 hundred millionYear on year against the same period last yearAt a record-high level
- Number of lots sold in the real estate sales business238 EngagementsYear on year against the same period last yearAbove the same period of the previous year
- Procurement value in the real estate sales business¥116 hundred millionYear on year against the same period last yearRecord-high level for a first half
- Number of lots procured in the real estate sales business312 Engagements
- Number of acquisition contracts87 EngagementsYear on year against the same period last yearOn an upward trend
- Properties for sale¥32,705 million
Annual Dividend
Annual dividend amount
¥37.5
Interim Dividend
¥10.5
Year-end dividend
¥27
Payout ratio
27.9 %
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | ¥16,590 million (YoY +14.3%) |
| Operating profit | ¥2,573 million (YoY +14.9%) |
| Ordinary income | ¥2,278 million (YoY +9.7%) |
| Net income | ¥1,584 million (YoY +12.3%) |
| Selling, general and administrative expenses | ¥2,696 million |
| Full-year earnings forecast | Net Sales ¥31,000 million / Operating profit ¥3,680 million / Ordinary income ¥3,050 million / Net income for the current fiscal year ¥2,190 million / EPS ¥134.62 |
| Self-assessment against the plan | First-half results exceeded the plan |
| Key KPIs | Indicator name First-half net sales in the real estate sales business / Value ¥165 hundred million / Year on year against the same period last year At a record-high level, Indicator name Number of lots sold in the real estate sales business / Value 238 Engagements / Year on year against the same period last year Above the same period of the previous year, Indicator name Procurement value in the real estate sales business / Value ¥116 hundred million / Year on year against the same period last year Record-high level for a first half, Indicator name Number of lots procured in the real estate sales business / Value 312 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of acquisition contracts / Value 87 Engagements / Year on year against the same period last year On an upward trend, Indicator name Properties for sale / Value ¥32,705 million / Year on year against the same period last year Not disclosed |
| Annual Dividend | Annual dividend amount ¥37.5 / Interim Dividend ¥10.5 / Year-end dividend ¥27 |
| Payout ratio | 27.9 % |
| New initiatives | A 2-for-1 split of the common shares, effective 1 July 2026, Strengthening brand communications to mark the 50th anniversary of the company's founding |
Items this document does not state (18)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.Results were achieved in both sales and procurement as sales of land with leasehold rights and properties sold with existing fixtures remained firm, the sales structure and ability to coordinate rights were strengthened, and sales channels were expanded. The company also cited its outlook for sales to grow beyond expectations in the second half as a contributing factor.
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.