Worth reading
52Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
35871
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Full year1 October 2025 to 30 September 2026ConsolidatedJapanese GAAPNet Sales1,477,986¥ millionYear on year +10.6%Progress 90.1%
Operating profit181,804¥ millionYear on year +24.6%Progress 98.3%
Ordinary income168,844¥ millionYear on year +21.0%Progress 99.3%
Net income attributable to owners of the parent119,231¥ millionYear on year +18.4%
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¥1,071.20
Operating Margin12.3%
Financial position at period-end
Total assets1,584,134¥ million
of which net assets 620,042 ¥ millionEquity ratio 39.1%vs. prior year-end +1.0pt
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.
Cash inflows and outflows
Operating-32,969
Investment-28,149
Financials+39,796
Net change-21,322
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.
Cash and cash equivalents at end of period¥388,511 million
Segment revenueDetached-house-related business ¥762,112 million (YoY +13.5%), Condominium Business ¥100,295 million (YoY +45.8%), Income-producing real estate business ¥225,612 million (YoY +3.3%), Other ¥159,995 million (YoY +5.9%), Pressance ¥229,937 million (YoY +1.4%)
Segment profitDetached-house-related business ¥81,839 million (YoY +17.7%), Condominium Business ¥22,347 million (YoY +177.7%), Income-producing real estate business ¥24,990 million (YoY +7.7%), Other ¥18,787 million (YoY +19.3%), Pressance ¥32,230 million (YoY +12.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,640,000 million (YoY +11.0%)
Operating profit¥185,000 million (YoY +1.8%)
Ordinary income¥170,000 million (YoY +0.7%)
Profit attributable to owners of the parent¥120,000 million (YoY +0.6%)
Annual Dividend Forecast¥205 → ¥220（+7.3%）
Payout ratio20.1%
Shareholder Return PolicyTotal payout ratio of at least 40%, including share repurchases
Factors Behind Changes in Business Performance
Sales across the businesses remained firm, supported by a gradual economic recovery, rising land prices, strong demand for detached houses, condominiums, income-producing real estate and U.S. real estate, and the completion of condominium property handovers.
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 Not disclosed / Excluded Not disclosed / Notes Material changes in the scope of consolidation during the period: No
Material subsequent eventsOn 30 October 2026, the company cancelled 2,771,500 treasury shares. It also resolved on 6 November 2026 to acquire up to 5,000,000 treasury shares for a total acquisition cost of up to ¥25 billion and cancel all acquired shares on 29 October 2027.
Impairment loss¥579 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of shares in an affiliate ¥408 million / Extraordinary loss Impairment losses ¥579 million, Impairment loss on shares of an affiliated company ¥138 million
Depreciation and amortization¥2,409 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person For institutional investors and analysts
Issued Shares at Period-End116,783,800 shares
Treasury Shares at Period-End6,943,977 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025 to 30 September 2026 |
| Net Sales | ¥1,477,986 million (YoY +10.6%) |
| Operating profit | ¥181,804 million (YoY +24.6%) |
| Ordinary income | ¥168,844 million (YoY +21.0%) |
| Profit attributable to owners of the parent | ¥119,231 million (YoY +18.4%) |
| Net income per share | ¥1,071.20 |
| Operating Margin | 12.3% |
| Equity ratio | End of the current fiscal period 39.1% / End of previous period 38.1% |
| Total assets | ¥1,584,134 million |
| Net assets | ¥620,042 million |
| Cash flows from operating activities | ¥-32,969 million |
| Cash flows from investing activities | ¥-28,149 million |
| Cash flows from financing activities | ¥39,796 million |
| Cash and cash equivalents at end of period | ¥388,511 million |
| Full-year earnings forecast | Net Sales ¥1,640,000 million (YoY +11.0%) / Operating profit ¥185,000 million (YoY +1.8%) / Ordinary income ¥170,000 million (YoY +0.7%) / Profit attributable to owners of the parent ¥120,000 million (YoY +0.6%) |
| Annual Dividend Forecast | ¥205 → ¥220（+7.3%） |
| Payout ratio | 20.1% |
| Shareholder Return Policy | Total payout ratio of at least 40%, including share repurchases |
| Segment revenue | Detached-house-related business ¥762,112 million (YoY +13.5%), Condominium Business ¥100,295 million (YoY +45.8%), Income-producing real estate business ¥225,612 million (YoY +3.3%), Other ¥159,995 million (YoY +5.9%), Pressance ¥229,937 million (YoY +1.4%) |
| Segment profit | Detached-house-related business ¥81,839 million (YoY +17.7%), Condominium Business ¥22,347 million (YoY +177.7%), Income-producing real estate business ¥24,990 million (YoY +7.7%), Other ¥18,787 million (YoY +19.3%), Pressance ¥32,230 million (YoY +12.2%) |
| Depreciation and amortization | ¥2,409 million |
| Impairment loss | ¥579 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of shares in an affiliate ¥408 million / Extraordinary loss Impairment losses ¥579 million, Impairment loss on shares of an affiliated company ¥138 million |
| 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 Not disclosed / Excluded Not disclosed / Notes Material changes in the scope of consolidation during the period: No |
| Material subsequent events | On 30 October 2026, the company cancelled 2,771,500 treasury shares. It also resolved on 6 November 2026 to acquire up to 5,000,000 treasury shares for a total acquisition cost of up to ¥25 billion and cancel all acquired shares on 29 October 2027. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Whether applicable Available / Subject person For institutional investors and analysts |
| Issued Shares at Period-End | 116,783,800 shares |
| Treasury Shares at Period-End | 6,943,977 shares |
| Factors Behind Changes in Business Performance | Sales across the businesses remained firm, supported by a gradual economic recovery, rising land prices, strong demand for detached houses, condominiums, income-producing real estate and U.S. real estate, and the completion of condominium property handovers. |
Items this document does not state (3)
Revision to Earnings ForecastRegional salesOrders received and order backlog
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.Demand remained high for detached houses, condominiums, income-producing real estate and U.S. real estate, against a backdrop of a gradual economic recovery and rising land prices. In the condominium business, land acquisition and sales progressed smoothly, and the company completed the handover of properties whose deliveries had been concentrated in the fourth quarter.
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.