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
-61.5
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 March 2026–31 May 2026ConsolidatedJapanese GAAPNet Sales3,414Millions of yenYear on year -61.5%Progress 16.3%
Operating profit-48Millions of yen
Ordinary income-108Millions of yen
Net income attributable to owners of the parent-74Millions of yen
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△¥12.35
Financial position at period-end
Total assets37,823Millions of yen
of which net assets 10,647 Millions of yenEquity ratio 28.1%vs. prior year-end -0.6pt
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.
Segment revenueReal Estate Development Business 2,009 Millions of yen (YoY -75.9%), Property Management Business 182 Millions of yen (YoY -14.6%), Real Estate Leasing Business 141 Millions of yen (YoY +16.2%)
Segment profitReal Estate Development Business -1 Millions of yen, Property Management Business 0 Millions of yen (YoY -96.9%), Real Estate Leasing Business 74 Millions of yen (YoY +43.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales21,000 Millions of yen (YoY -5.9%)
Operating profit1,600 Millions of yen (YoY -23.6%)
Ordinary income1,400 Millions of yen (YoY -28.7%)
Net income1,000 Millions of yen (YoY -29.6%)
Annual Dividend Forecast¥30 → ¥34（+13.3%）
Factors Behind Changes in Business Performance
37 condominium units delivered (down 163 units year on year) and 13 detached houses delivered (up 8 units). In the real estate management business, the number of managed properties and units increased, but sales of interiors and other products declined. The real estate leasing business secured stable earnings, while the other businesses reported higher sales and profits due to sales of rental properties and other assets.
Disclosure regarding the going concern assumption
No applicable matters.
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 companies (company name: -) / Excluded 0 companies (company name: -)
Breakdown of extraordinary income (loss)Current fiscal year No extraordinary income; no extraordinary loss reported / Prior-year period Gain on sale of non-current assets 27 Millions of yen
Depreciation and amortization49 Millions of yen
Orders received and order backlogContract value 3,708 Millions of yen / Contract Balances 12,837 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not disclosed)
Issued Shares at Period-End6,167,000
Treasury Shares at Period-End106,997
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026–31 May 2026 |
| Net Sales | 3,414 Millions of yen (YoY -61.5%) |
| Operating profit | -48 Millions of yen |
| Ordinary income | -108 Millions of yen |
| Profit attributable to owners of the parent | -74 Millions of yen |
| Net income per share | △¥12.35 |
| Equity ratio | End of the current fiscal period 28.1 / End of previous period 28.7 |
| Total assets | 37,823 Millions of yen |
| Net assets | 10,647 Millions of yen |
| Full-year earnings forecast | Net Sales 21,000 Millions of yen (YoY -5.9%) / Operating profit 1,600 Millions of yen (YoY -23.6%) / Ordinary income 1,400 Millions of yen (YoY -28.7%) / Net income 1,000 Millions of yen (YoY -29.6%) |
| Annual Dividend Forecast | ¥30 → ¥34（+13.3%） |
| Segment revenue | Real Estate Development Business 2,009 Millions of yen (YoY -75.9%), Property Management Business 182 Millions of yen (YoY -14.6%), Real Estate Leasing Business 141 Millions of yen (YoY +16.2%) |
| Segment profit | Real Estate Development Business -1 Millions of yen, Property Management Business 0 Millions of yen (YoY -96.9%), Real Estate Leasing Business 74 Millions of yen (YoY +43.0%) |
| Orders received and order backlog | Contract value 3,708 Millions of yen / Contract Balances 12,837 Millions of yen |
| Depreciation and amortization | 49 Millions of yen |
| Breakdown of extraordinary income (loss) | Current fiscal year No extraordinary income; no extraordinary loss reported / Prior-year period Gain on sale of non-current assets 27 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 6,167,000 |
| Treasury Shares at Period-End | 106,997 |
| Factors Behind Changes in Business Performance | 37 condominium units delivered (down 163 units year on year) and 13 detached houses delivered (up 8 units). In the real estate management business, the number of managed properties and units increased, but sales of interiors and other products declined. The real estate leasing business secured stable earnings, while the other businesses reported higher sales and profits due to sales of rental properties and other assets. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment 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.Results were affected mainly by a decline of 163 in the number of condominium units delivered compared with the same period of the previous year. In the real estate management business, sales of interiors and other products declined, while the real estate leasing business and other businesses reported higher sales and profits.
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.