Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue tends to vary between interim periods depending on the timing of deliveries to customers. The real estate investment business recorded revenue and profit from the sale of mid- and high-rise and low-rise rental apartment buildings, while the real estate-related services business recorded revenue and profit from services such as condominium management. Cash flow from operating activities decreased due to an increase in inventories.
None
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥33,901 million (YoY -2.0%) |
| Operating profit | ¥1,659 million (YoY +403.0%) |
| Ordinary income | ¥307 million |
| Profit attributable to owners of the parent | ¥-50 million |
| Net income per share | −¥1.22 |
| Equity ratio | End of the current fiscal period 25 / End of previous period 28 |
| Total assets | ¥205,713 million |
| Net assets | ¥53,656 million |
| Cash flows from operating activities | ¥-24,521 million |
| Cash flows from investing activities | ¥-180 million |
| Cash flows from financing activities | ¥21,870 million |
| Cash and cash equivalents at end of period | ¥34,795 million |
| Full-year earnings forecast | Net Sales ¥127,800 million (YoY -7.8%) / Operating profit ¥13,900 million (YoY +0.7%) / Ordinary income ¥10,800 million (YoY -8.6%) / Profit attributable to owners of the parent ¥7,200 million (YoY +1.0%) |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | 74 yen → 75 yen（+1.4%） |
| Segment revenue | Real Estate Development Business ¥13,983 million (YoY -28.7%), Real Estate Investment Business ¥14,913 million (YoY +50.3%), Real estate-related services business ¥5,004 million (YoY -1.1%) |
| Segment profit | Real Estate Development Business ¥-1,107 million, Real Estate Investment Business ¥2,309 million (YoY +59.0%), Real estate-related services business ¥316 million (YoY +24.5%) |
| Orders received and order backlog | Details Outstanding contracts handled at period-end / Real Estate Development Business ¥62,953 million / Real Estate Investment Business ¥3,542 million / Total ¥66,495 million |
| Depreciation and amortization | ¥447 million |
| Impairment loss | Not applicable (material impairment losses on property, plant and equipment) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥13 million, Gain on redemption of investment securities ¥8 million / Extraordinary loss Loss on disposal of non-current assets ¥3 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded The cover lists 1 company (株式会社フージャースアセットマネジメント). The notes state that the same company, 合同会社HR1 and 株式会社フージャースケアデザイン ceased to exist following absorption-type mergers and were excluded from the scope of consolidation. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 41,766,775 |
| Treasury Shares at Period-End | 865,112 |
| Factors Behind Changes in Business Performance | Revenue tends to vary between interim periods depending on the timing of deliveries to customers. The real estate investment business recorded revenue and profit from the sale of mid- and high-rise and low-rise rental apartment buildings, while the real estate-related services business recorded revenue and profit from services such as condominium management. Cash flow from operating activities decreased due to an increase in inventories. |
Items this document does not state (5)
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.In the real estate development and real estate investment businesses, revenue tends to vary between interim periods depending on the timing of deliveries to customers. The real estate investment business recorded revenue and profit from the sale of rental apartment buildings, while the real estate-related services business recorded revenue and profit from services such as condominium management. The company also explained that the business environment was within expectations and that sales were progressing as planned.