Worth reading
39Recurring
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
17.3
%Wording
Conditional
How definitive the wording is.Results for this period
First quarter2025年10月1日〜2025年12月31日ConsolidatedJapanese GAAPNet Sales329,850¥ millionYear on year +4.3%Progress 22.2%
Operating profit40,292¥ millionYear on year +17.3%Progress 23.1%
Ordinary income39,246¥ millionYear on year +13.3%Progress 23.8%
Net income attributable to owners of the parent27,407¥ millionYear on year +19.6%Progress 23.7%
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 share243円81銭
Financial position at period-end
Total assets1,435,516¥ million
of which net assets 557,348 ¥ millionEquity ratio 38.7%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 revenueDetached-home-related business ¥198,723 million (YoY -1.7%), Condominium Business ¥8,256 million (YoY +129.8%), Income-producing real estate business ¥50,690 million (YoY +64.5%), Other regions ¥34,532 million (YoY -5.5%), PRESSANCE CORPORATION ¥37,644 million (YoY -12.3%)
Segment profitDetached-home-related business ¥23,040 million (YoY -0.7%), Condominium Business ¥572 million, Income-producing real estate business ¥7,133 million (YoY +100.5%), Other regions ¥3,842 million (YoY -4.1%), PRESSANCE CORPORATION ¥5,231 million (YoY +25.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,485,000 million (YoY +11.1%)
Operating profit¥174,500 million (YoY +19.6%)
Ordinary income¥165,000 million (YoY +18.3%)
Net income¥115,500 million (YoY +14.7%)
Revision to Earnings Forecast2Q cumulative Not disclosed → Net Sales ¥691,600 million / Operating profit ¥84,300 million / Ordinary income ¥81,200 million / Net income ¥56,900 million / Full year Not disclosed → Net Sales ¥1,485,000 million / Operating profit ¥174,500 million / Ordinary income ¥165,000 million / Net income ¥115,500 million
Annual Dividend Forecast¥178 → ¥200
Factors Behind Changes in Business Performance
戸建住宅需要の回復傾向、売上総利益率の改善、販売契約の好調、マンション販売契約の順調な進捗、賃貸マンション・オフィスビルへの高い需要、アメリカ不動産への高い投資需要など。
Disclosure regarding the going concern assumption
Not applicable.
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 / Excluded 0 / Company name None
Material subsequent eventsNot applicable.
Depreciation and amortization¥510 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End116,707,300 Shares
Treasury Shares at Period-End4,564,134 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年10月1日〜2025年12月31日 |
| Net Sales | ¥329,850 million (YoY +4.3%) |
| Operating profit | ¥40,292 million (YoY +17.3%) |
| Ordinary income | ¥39,246 million (YoY +13.3%) |
| Profit attributable to owners of the parent | ¥27,407 million (YoY +19.6%) |
| Net income per share | 243円81銭 |
| Equity ratio | End of the current fiscal period 38.7 / End of previous period 38.1 |
| Total assets | ¥1,435,516 million |
| Net assets | ¥557,348 million |
| Full-year earnings forecast | Net Sales ¥1,485,000 million (YoY +11.1%) / Operating profit ¥174,500 million (YoY +19.6%) / Ordinary income ¥165,000 million (YoY +18.3%) / Net income ¥115,500 million (YoY +14.7%) |
| Revision to Earnings Forecast | 2Q cumulative Not disclosed → Net Sales ¥691,600 million / Operating profit ¥84,300 million / Ordinary income ¥81,200 million / Net income ¥56,900 million / Full year Not disclosed → Net Sales ¥1,485,000 million / Operating profit ¥174,500 million / Ordinary income ¥165,000 million / Net income ¥115,500 million |
| Annual Dividend Forecast | ¥178 → ¥200 |
| Segment revenue | Detached-home-related business ¥198,723 million (YoY -1.7%), Condominium Business ¥8,256 million (YoY +129.8%), Income-producing real estate business ¥50,690 million (YoY +64.5%), Other regions ¥34,532 million (YoY -5.5%), PRESSANCE CORPORATION ¥37,644 million (YoY -12.3%) |
| Segment profit | Detached-home-related business ¥23,040 million (YoY -0.7%), Condominium Business ¥572 million, Income-producing real estate business ¥7,133 million (YoY +100.5%), Other regions ¥3,842 million (YoY -4.1%), PRESSANCE CORPORATION ¥5,231 million (YoY +25.9%) |
| Depreciation and amortization | ¥510 million |
| 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 / Excluded 0 / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 116,707,300 Shares |
| Treasury Shares at Period-End | 4,564,134 Shares |
| Factors Behind Changes in Business Performance | 戸建住宅需要の回復傾向、売上総利益率の改善、販売契約の好調、マンション販売契約の順調な進捗、賃貸マンション・オフィスビルへの高い需要、アメリカ不動産への高い投資需要など。 |
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 periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)
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.戸建関連事業では売上総利益率が改善し、今後の引渡しにつながる販売契約が好調でした。マンション事業では販売契約が順調に進捗し、収益不動産事業では賃貸マンションやオフィスビルへの需要が高く、その他事業ではアメリカ不動産への投資需要が高かったことなどを挙げています。通期予想と配当予想は、最近の業績動向を踏まえて修正したとしています。
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.