Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
16.5
% (year-on-year decrease in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 July 2025 to 31 March 2026ConsolidatedJapanese GAAPNet Sales39,225¥ millionYear on year -16.5%Progress 71.3%
Operating profit1,191¥ millionYear on year -29.8%Progress 41.1%
Ordinary income1,231¥ millionYear on year -28.5%Progress 41.0%
Net income attributable to owners of the parent1,626¥ millionYear on year -3.5%
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¥81.48
Financial position at period-end
Total assets69,806¥ million
of which net assets 19,196 ¥ millionEquity ratio 27.5%vs. prior year-end +1.9pt
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 revenueFranchise Business ¥2,418 million (YoY +3.4%), Real Estate Sales ¥27,073 million (YoY -11.0%), Financial Business ¥461 million (YoY +9.8%), House Leaseback Business ¥8,260 million (YoY -32.1%), Other Businesses ¥1,011 million
Segment profitFranchise Business ¥1,413 million (YoY -1.0%), Real Estate Sales ¥1,587 million (YoY -23.3%), Financial Business ¥191 million (YoY +35.4%), House Leaseback Business ¥840 million (YoY -35.7%), Other Businesses ¥9 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥55,000 million (YoY -15.0%)
Operating profit¥2,900 million (YoY +10.6%)
Ordinary income¥3,000 million (YoY +1.9%)
Profit attributable to owners of the parent¥2,772 million (YoY +18.4%)
Annual Dividend Forecast¥45 → ¥46
Factors Behind Changes in Business Performance
The company cited the concentration of resources on the high-growth, highly profitable franchise, real estate sales and financial services businesses, as well as the rebuilding of its business portfolio, including the transfer of its remodeling business. It also cited robust activity in the used-home market, steady underlying demand, greater awareness of reverse mortgages and stronger cooperation with partner financial institutions.
Disclosure regarding the going concern assumption
None. The notes regarding the going concern assumption state, “There are 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 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNot applicable.
Impairment loss¥5 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥2 million, Gain on reversal of subscription rights to shares ¥11 million, Gain on sale of shares in an affiliated company ¥1,355 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥9 million, Impairment Losses ¥5 million
Depreciation and amortization¥548 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End19,969,200
Treasury Shares at Period-End594
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2025 to 31 March 2026 |
| Net Sales | ¥39,225 million (YoY -16.5%) |
| Operating profit | ¥1,191 million (YoY -29.8%) |
| Ordinary income | ¥1,231 million (YoY -28.5%) |
| Profit attributable to owners of the parent | ¥1,626 million (YoY -3.5%) |
| Net income per share | ¥81.48 |
| Equity ratio | End of the current fiscal period 27.5 / End of previous period 25.6 |
| Total assets | ¥69,806 million |
| Net assets | ¥19,196 million |
| Full-year earnings forecast | Net Sales ¥55,000 million (YoY -15.0%) / Operating profit ¥2,900 million (YoY +10.6%) / Ordinary income ¥3,000 million (YoY +1.9%) / Profit attributable to owners of the parent ¥2,772 million (YoY +18.4%) |
| Annual Dividend Forecast | ¥45 → ¥46 |
| Segment revenue | Franchise Business ¥2,418 million (YoY +3.4%), Real Estate Sales ¥27,073 million (YoY -11.0%), Financial Business ¥461 million (YoY +9.8%), House Leaseback Business ¥8,260 million (YoY -32.1%), Other Businesses ¥1,011 million |
| Segment profit | Franchise Business ¥1,413 million (YoY -1.0%), Real Estate Sales ¥1,587 million (YoY -23.3%), Financial Business ¥191 million (YoY +35.4%), House Leaseback Business ¥840 million (YoY -35.7%), Other Businesses ¥9 million |
| Depreciation and amortization | ¥548 million |
| Impairment loss | ¥5 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2 million, Gain on reversal of subscription rights to shares ¥11 million, Gain on sale of shares in an affiliated company ¥1,355 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥9 million, Impairment Losses ¥5 million |
| Disclosure regarding the going concern assumption | None. The notes regarding the going concern assumption state, “There are 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 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 19,969,200 |
| Treasury Shares at Period-End | 594 |
| Factors Behind Changes in Business Performance | The company cited the concentration of resources on the high-growth, highly profitable franchise, real estate sales and financial services businesses, as well as the rebuilding of its business portfolio, including the transfer of its remodeling business. It also cited robust activity in the used-home market, steady underlying demand, greater awareness of reverse mortgages and stronger cooperation with partner financial institutions. |
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 periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional 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.The company cited persistently high new-home prices due to soaring raw material costs, rising mortgage interest rates and concerns about inflation stemming from the situation in the Middle East. It also said that it is concentrating resources on businesses with high growth and profitability and rebuilding its business portfolio, including the transfer of its remodeling business during the third 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.
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.