Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
12.7
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales285,774Millions of yenYear on year -0.8%Progress 20.4%
Operating profit46,593Millions of yenYear on year +12.7%Progress 24.5%
Ordinary income40,725Millions of yenYear on year +8.6%Progress 25.3%
Net income attributable to owners of the parent25,502Millions of yenYear on year -16.8%Progress 25.5%
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¥35.77
Financial position at period-end
Total assets3,475,651Millions of yen
of which net assets 929,992 Millions of yenEquity ratio 26.2%vs. prior year-end -0.1pt
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 revenueUrban Development Business 71,498 Millions of yen, Strategic investment business 21,879 Millions of yen, Management and Operations Business 98,124 Millions of yen, Real Estate Distribution Business 94,271 Millions of yen
Segment profitUrban Development Business 11,596 Millions of yen, Strategic investment business 590 Millions of yen, Management and Operations Business 21,157 Millions of yen, Real Estate Distribution Business 16,345 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales1,400,000 Millions of yen (YoY +12.4%)
Operating profit190,000 Millions of yen (YoY +13.9%)
Ordinary income161,000 Millions of yen (YoY +8.9%)
Net income100,000 Millions of yen (YoY +3.4%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥48.00 → ¥50.00
Factors Behind Changes in Business Performance
For an overview of operating results and other matters for the cumulative first quarter of the current consolidated fiscal year, please refer to the "First Quarter Results Briefing Materials for the Fiscal Year Ending March 2027," posted on our website today (6 August 2026).
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 consolidationNo (the number and names of newly consolidated or excluded companies are not provided)
Breakdown of extraordinary income (loss)Extraordinary income None for the current period / Extraordinary loss Loss on sale of shares of subsidiaries and affiliates 13 Millions of yen
Depreciation and amortization16,544 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End719,830,974
Treasury Shares at Period-End6,599,668
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 285,774 Millions of yen (YoY -0.8%) |
| Operating profit | 46,593 Millions of yen (YoY +12.7%) |
| Ordinary income | 40,725 Millions of yen (YoY +8.6%) |
| Profit attributable to owners of the parent | 25,502 Millions of yen (YoY -16.8%) |
| Net income per share | ¥35.77 |
| Equity ratio | End of the current fiscal period 26.2 / End of previous period 26.3 |
| Total assets | 3,475,651 Millions of yen |
| Net assets | 929,992 Millions of yen |
| Full-year earnings forecast | Net Sales 1,400,000 Millions of yen (YoY +12.4%) / Operating profit 190,000 Millions of yen (YoY +13.9%) / Ordinary income 161,000 Millions of yen (YoY +8.9%) / Net income 100,000 Millions of yen (YoY +3.4%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥48.00 → ¥50.00 |
| Segment revenue | Urban Development Business 71,498 Millions of yen, Strategic investment business 21,879 Millions of yen, Management and Operations Business 98,124 Millions of yen, Real Estate Distribution Business 94,271 Millions of yen |
| Segment profit | Urban Development Business 11,596 Millions of yen, Strategic investment business 590 Millions of yen, Management and Operations Business 21,157 Millions of yen, Real Estate Distribution Business 16,345 Millions of yen |
| Depreciation and amortization | 16,544 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income None for the current period / Extraordinary loss Loss on sale of shares of subsidiaries and affiliates 13 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 | No (the number and names of newly consolidated or excluded companies are not provided) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 719,830,974 |
| Treasury Shares at Period-End | 6,599,668 |
| Factors Behind Changes in Business Performance | For an overview of operating results and other matters for the cumulative first quarter of the current consolidated fiscal year, please refer to the "First Quarter Results Briefing Materials for the Fiscal Year Ending March 2027," posted on our website today (6 August 2026). |
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 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.The release does not provide specific explanations for the changes in results. The company directs readers to the "First Quarter Results Briefing Materials for the Fiscal Year Ending March 2027" for details.
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.