Worth reading
60In focus
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
4.1
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsThird quarter of the fiscal year ending June 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥38,288 million+4.1%
Operating profit¥2,385 million-3.1%
Ordinary income¥1,954 million-9.7%
Net income¥1,247 million-10.9%
Selling, general and administrative expenses¥5,082 million
Results for the three months of the current quarter
Net Sales
¥14,323 million
Operating profit
¥1,034 million
Full-year earnings forecast
Net Sales
¥64,144 million
Operating profit
¥4,800 million
Ordinary income
¥4,143 million
Profit attributable to owners of the parent
¥2,776 million
Annual Dividend
¥110
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
In line with planNew initiatives
- Begin external sales of Property AI STUDIO in April 2026
- Develop next-generation AI inside sales using generative AI
- Use AI-based call analysis to identify priority actions for improvement that correlate with the conversion rate
- Produce a YouTube room-tour series on designer residences with Yoshimasa Hoshiba (干場義雅)
Key KPIsA metric the company considers important as a management benchmark.
- Units under management28,524 unitsYear on year against the same period last year+1,164 units, +4.3%
- Sublease properties under management16,687 unitsYear on year against the same period last year+1,274 units, +8.3%
- Occupancy Rate97.5 %
- Industry-average occupancy rate90.1 %
- Units sold188 unitsYear on year against the same period last year-79 units
- Number of investee companies33 companies
- Number of investee companies that went public6 companies
- Reduction in printed pages16.7 %Year on year against the same period last yearCompared with the same accounting period of the fiscal year ended June 2025
Segment results
Rental DX Property Management
Net Sales
¥17,434 million
Year-on-Year Change in Revenue (%)9.4
Operating profit
¥2,211 million
Operating profit year-on-year_pct31.8
Rental DX Leasing Brokerage
Net Sales
¥828 million
Year-on-Year Change in Revenue (%)7.6
Operating profit
¥106 million
Operating profit year-on-year_pct87
Sales and Purchase DX Invest
Net Sales
¥18,967 million
Year-on-Year Change in Revenue (%)0
Operating profit
¥2,170 million
Operating profit year-on-year_pct-12.3
Other and Real Estate DX Incubation
Net Sales
¥1,057 million
Year-on-Year Change in Revenue (%)-3.2
Operating profit
¥-147 million
Year-on-year operating profit growthPrevious year: loss of ¥26 million
Medium-term management plan targets
TargetResults continue to exceed the medium-term plan. A new medium-term management plan for the fiscal years ending June 2027 through June 2029 is scheduled to be announced.
Market Size / Share
Rental housing management marketApproximately ¥2.4–2.6 trillion
Occupancy RateCompany: 97.5%; industry average: 90.1%
Number of stores and locations
Number of rental brokerage stores16
Breakdown6 stores in Tokyo, 8 stores in Kanagawa Prefecture and 2 stores in Saitama Prefecture
Annual Dividend
Annual dividend per share¥110
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Third quarter of the fiscal year ending June 2026 |
| Net Sales | ¥38,288 million (YoY +4.1%) |
| Operating profit | ¥2,385 million (YoY -3.1%) |
| Ordinary income | ¥1,954 million (YoY -9.7%) |
| Net income | ¥1,247 million (YoY -10.9%) |
| Selling, general and administrative expenses | ¥5,082 million |
| Results for the three months of the current quarter | Net Sales ¥14,323 million / Operating profit ¥1,034 million |
| Full-year earnings forecast | Net Sales ¥64,144 million / Operating profit ¥4,800 million / Ordinary income ¥4,143 million / Profit attributable to owners of the parent ¥2,776 million / Annual Dividend ¥110 |
| Self-assessment against the plan | In line with plan |
| Segment results | Rental DX Property Management Net Sales ¥17,434 million / Year-on-Year Change in Revenue (%) 9.4 / Operating profit ¥2,211 million / Operating profit year-on-year_pct 31.8 / Rental DX Leasing Brokerage Net Sales ¥828 million / Year-on-Year Change in Revenue (%) 7.6 / Operating profit ¥106 million / Operating profit year-on-year_pct 87 / Sales and Purchase DX Invest Net Sales ¥18,967 million / Year-on-Year Change in Revenue (%) 0 / Operating profit ¥2,170 million / Operating profit year-on-year_pct -12.3 / Other and Real Estate DX Incubation Net Sales ¥1,057 million / Year-on-Year Change in Revenue (%) -3.2 / Operating profit ¥-147 million / Year-on-year operating profit growth Previous year: loss of ¥26 million |
| Key KPIs | Indicator name Units under management / Value 28,524 units / Year on year against the same period last year +1,164 units, +4.3%, Indicator name Sublease properties under management / Value 16,687 units / Year on year against the same period last year +1,274 units, +8.3%, Indicator name Occupancy Rate / Value 97.5 % / Year on year against the same period last year Not disclosed, Indicator name Industry-average occupancy rate / Value 90.1 % / Year on year against the same period last year Not disclosed, Indicator name Units sold / Value 188 units / Year on year against the same period last year -79 units, Indicator name Number of investee companies / Value 33 companies / Year on year against the same period last year Not disclosed, Indicator name Number of investee companies that went public / Value 6 companies / Year on year against the same period last year Not disclosed, Indicator name Reduction in printed pages / Value 16.7 % / Year on year against the same period last year Compared with the same accounting period of the fiscal year ended June 2025 |
| Number of stores and locations | Number of rental brokerage stores 16 / Breakdown 6 stores in Tokyo, 8 stores in Kanagawa Prefecture and 2 stores in Saitama Prefecture / Number of store openings and closures during the period Not disclosed |
| Medium-term management plan targets | Target Results continue to exceed the medium-term plan. A new medium-term management plan for the fiscal years ending June 2027 through June 2029 is scheduled to be announced. / Target value Not disclosed |
| Annual Dividend | Annual dividend per share ¥110 / Interim Dividend Not disclosed / Year-end dividend Not disclosed |
| Market Size / Share | Market Size Approximately ¥2.4–2.6 trillion / Subject Rental housing management market / Occupancy Rate Company: 97.5%; industry average: 90.1% |
| New initiatives | Begin external sales of Property AI STUDIO in April 2026, Develop next-generation AI inside sales using generative AI, Use AI-based call analysis to identify priority actions for improvement that correlate with the conversion rate, Produce a YouTube room-tour series on designer residences with Yoshimasa Hoshiba (干場義雅) |
Items this document does not state (14)
Gross profitOperating profit marginProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
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 same period of the previous fiscal year, sales of internally developed properties were concentrated in the first half, temporarily increasing the number of units sold. This fiscal year, construction completions and deliveries are scheduled to be concentrated in Q4. In the rental DX property management business, higher productivity through AMBITION Cloud, growth in the number of units under management and a high occupancy rate contributed to the increase in profit.
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.