Worth reading
46Recurring
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
7.5
Year-on-year decrease in net sales (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 June 2025–28 February 2026Non-consolidated (standalone)Japanese GAAPNet Sales5,252¥ millionYear on year -7.5%Progress 68.7%
Operating profit224¥ millionYear on year -3.7%Progress 49.8%
Ordinary income229¥ millionYear on year -0.8%Progress 50.9%
Net income attributable to owners of the parent155¥ millionYear on year +0.9%Progress 51.7%
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 share¥57.26
Financial position at period-end
Total assets6,466¥ million
of which net assets 4,478 ¥ millionEquity ratio 69.3%vs. prior year-end -2.8pt
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 Sales ¥4,999.65 million (YoY -8.3%), Real Estate Leasing Business ¥165.77 million (YoY +18.1%), Real Estate Business ¥23.29 million (YoY -2.9%), Other Businesses ¥63.35 million (YoY +6.4%)
Segment profitReal Estate Sales ¥603.44 million (YoY -1.0%), Real Estate Leasing Business ¥22.43 million (YoY +7.5%), Real Estate Business ¥10.17 million (YoY -10.5%), Other Businesses ¥0.10 million (YoY -66.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥7,650 million (YoY -6.5%)
Operating profit¥450 million (YoY -12.0%)
Ordinary income¥450 million (YoY -11.3%)
Net income¥300 million (YoY -12.6%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥7,650 million / Operating profit Not disclosed → ¥450 million / Ordinary income Not disclosed → ¥450 million / Net income Not disclosed → ¥300 million
Annual Dividend Forecast¥40 → ¥40（0.0%）
Factors Behind Changes in Business Performance
The number of properties sold by the company was 284, down 34 from the same quarter of the previous year, and net sales from the company's real estate sales business were below the year-earlier period. Meanwhile, the average selling price of the company's properties increased and the cost ratio declined. The real estate leasing business reported higher profit, mainly due to increased net sales.
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
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)No applicable matters.
Depreciation and amortization¥35,758 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End2,712,400 shares
Treasury Shares at Period-End1,914 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 June 2025–28 February 2026 |
| Net Sales | ¥5,252 million (YoY -7.5%) |
| Operating profit | ¥224 million (YoY -3.7%) |
| Ordinary income | ¥229 million (YoY -0.8%) |
| Profit attributable to owners of the parent | ¥155 million (YoY +0.9%) |
| Net income per share | ¥57.26 |
| Equity ratio | End of the current fiscal period 69.3 / End of previous period 72.1 |
| Total assets | ¥6,466 million |
| Net assets | ¥4,478 million |
| Full-year earnings forecast | Net Sales ¥7,650 million (YoY -6.5%) / Operating profit ¥450 million (YoY -12.0%) / Ordinary income ¥450 million (YoY -11.3%) / Net income ¥300 million (YoY -12.6%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥7,650 million / Operating profit Not disclosed → ¥450 million / Ordinary income Not disclosed → ¥450 million / Net income Not disclosed → ¥300 million |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Segment revenue | Real Estate Sales ¥4,999.65 million (YoY -8.3%), Real Estate Leasing Business ¥165.77 million (YoY +18.1%), Real Estate Business ¥23.29 million (YoY -2.9%), Other Businesses ¥63.35 million (YoY +6.4%) |
| Segment profit | Real Estate Sales ¥603.44 million (YoY -1.0%), Real Estate Leasing Business ¥22.43 million (YoY +7.5%), Real Estate Business ¥10.17 million (YoY -10.5%), Other Businesses ¥0.10 million (YoY -66.8%) |
| Depreciation and amortization | ¥35,758 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | No applicable matters. |
| 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 |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 2,712,400 shares |
| Treasury Shares at Period-End | 1,914 shares |
| Factors Behind Changes in Business Performance | The number of properties sold by the company was 284, down 34 from the same quarter of the previous year, and net sales from the company's real estate sales business were below the year-earlier period. Meanwhile, the average selling price of the company's properties increased and the cost ratio declined. The real estate leasing business reported higher profit, mainly due to increased net sales. |
Items this document does not state (10)
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 backlogChanges in the scope of consolidation
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 number of properties sold by the company decreased by 34 year on year, causing net sales from the company's real estate sales business to fall below the year-earlier period, among other factors, and overall net sales declined.
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.