Revised forecast
Fiscal year ending June 2026 · Full yearPrevious forecast published 14 August 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Performance fell short of plan because retaining and developing personnel in the real estate sales business took time, resulting in a timing discrepancy between property acquisitions and sales, as well as differences in the disposal of large projects. The increase in selling, general and administrative expenses from upfront investment to secure personnel, lower earnings from businesses being scaled back or transferred, and lower transfer amounts and profit margins on transfers to the HLB Fund in the house leaseback business also affected results.
| Item | Details |
|---|---|
| Net Sales | ¥55,000 million → ¥49,600 million（-9.8%） |
| Operating profit | ¥2,900 million → ¥1,030 million（-64.5%） |
| Ordinary income | ¥3,000 million → ¥1,030 million（-65.7%） |
| Profit attributable to owners of the parent | ¥2,772 million → ¥1,551 million（-44.0%） |
| Net income per share | 138.9 yen and sen → 77.69 yen and sen |
| Fiscal Period Covered | Fiscal year ending June 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 August 2025 |
| Previous-period results | Fiscal year ended June 2025: net sales of ¥64,735 million, operating profit of ¥2,620 million, ordinary profit of ¥2,943 million, net income attributable to owners of the parent of ¥2,341 million, and earnings per share of ¥118.86 |
| Reason for the revision | Performance fell short of plan because retaining and developing personnel in the real estate sales business took time, resulting in a timing discrepancy between property acquisitions and sales, as well as differences in the disposal of large projects. The increase in selling, general and administrative expenses from upfront investment to secure personnel, lower earnings from businesses being scaled back or transferred, and lower transfer amounts and profit margins on transfers to the HLB Fund in the house leaseback business also affected results. |
| Dividend forecast revision | No change. The year-end dividend for the fiscal year ending June 2026 remains unchanged at ¥46 per share. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Performance fell short of plan because retaining and developing personnel in the real estate sales business took longer than expected, resulting in a timing discrepancy between property acquisitions and sales, as well as differences in the disposal of large projects. In addition, the increase in selling, general and administrative expenses from upfront investment to secure personnel, lower earnings from businesses being scaled back or transferred, and lower transfer amounts and profit margins on transfers to the HLB Fund in the house leaseback business affected results.