Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Acquisition demand from overseas and domestic investors for the Japanese real estate market remained solid, while the domestic high-net-worth market expanded. The company viewed the inflationary environment and rising interest rates as opportunities to expand its business and advanced its operations by leveraging its expertise in business-use real estate, extensive network and range of services for high-net-worth individuals.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥23,470 million (YoY +37.4%) |
| Operating profit | ¥5,337 million (YoY +9.9%) |
| Ordinary income | ¥4,494 million (YoY +3.6%) |
| Profit attributable to owners of the parent | ¥3,245 million (YoY +8.3%) |
| Net income per share | ¥173.44 |
| Equity ratio | End of the current fiscal period 21.6 / End of previous period 19.7 |
| Total assets | ¥102,626 million |
| Net assets | ¥22,197 million |
| Cash flows from operating activities | ¥3,294 million |
| Cash flows from investing activities | ¥-827 million |
| Cash flows from financing activities | ¥-3,174 million |
| Cash and cash equivalents at end of period | ¥13,981 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit ¥8,400 million (YoY +10.8%) / Ordinary income ¥7,200 million (YoY +11.6%) / Net income ¥5,000 million (YoY +13.1%) |
| Annual Dividend Forecast | 73.00 yen and sen → 80.00 yen and sen（+9.6%） |
| Segment revenue | Real estate investment and development business ¥20,115 million (YoY +44.9%), Real estate consulting business ¥543 million (YoY -27.0%), Real estate management business ¥2,812 million (YoY +14.5%) |
| Segment profit | Real estate investment and development business ¥5,100 million (YoY +15.1%), Real estate consulting business ¥168 million (YoY -12.8%), Real estate management business ¥1,426 million (YoY +14.1%) |
| Depreciation and amortization | ¥170 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 | 0 additions and 0 exclusions (no company names) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (video streaming only) |
| Issued Shares at Period-End | 20,032,400 shares |
| Treasury Shares at Period-End | 1,196,962 shares |
| Factors Behind Changes in Business Performance | Acquisition demand from overseas and domestic investors for the Japanese real estate market remained solid, while the domestic high-net-worth market expanded. The company viewed the inflationary environment and rising interest rates as opportunities to expand its business and advanced its operations by leveraging its expertise in business-use real estate, extensive network and range of services for high-net-worth individuals. |
Items this document does not state (9)
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.Acquisition demand from overseas and domestic investors for Japanese real estate remained solid, while the domestic high-net-worth market also expanded. The company stated that it advanced its business by leveraging its expertise and extensive network in business-use real estate, together with its range of services for high-net-worth individuals.