Komori

Financial Results Briefing Materials for the First Quarter of the Fiscal Year Ending June 2027

Results presentationFirst quarter, FY ending Jun 2027Published 2026-11-13 15:30

In the first quarter of the fiscal year ending June 2027, revenue increased 10.7% year on year, operating profit increased 58.8% and ordinary profit increased 114.0%, resulting in higher revenue and profit. Profit increased as growth-focused businesses expanded and selling, general and administrative expenses were controlled, while the gross profit margin declined due to the transfer of the renovation business and contraction of the house leaseback business.

Contents of this document

Earnings presentation materialsFirst quarter of the fiscal year ending June 202712 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥13,224 million+10.7%
Operating profit¥329 million+58.8%
Ordinary income¥399 million+114.0%
Net income¥257 million+1,301.2%
Gross Profit Margin19.5
Operating profit margin2.5
Selling, general and administrative expenses¥2,251 million
Results for the three months of the current quarterRevenue of ¥13.224 billion, operating profit of ¥329 million, ordinary profit of ¥399 million, and net profit attributable to owners of the parent of ¥257 million
Full-year earnings forecast
Net Sales
¥45,000 million
Operating profit
¥1,400 million
Ordinary income
¥1,350 million
Net income for the current fiscal year
¥891 million
Earnings per share
¥44.62
Dividend per share
¥46
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales29.4%
Operating profit23.5%
Ordinary income29.6%
Profit attributable to owners of parent28.9%
By segmentFranchise: revenue 24.7%, operating profit 24.9%; real estate sales and purchases: revenue 28.3%, operating profit 21.1%; financial: revenue 15.0%, operating profit 8.5%; house leaseback: revenue 46.2%, operating profit 93.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Each business is progressing smoothly and has made a strong start. The house leaseback business is significantly ahead of schedule against its conservative full-year plan.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Selling, general and administrative expenses
Personnel Expenses¥822 million, down 16.5% year on year
Advertising expenses¥181 million, down 16.1% year on year
Office maintenance costs¥78 million, down 10.6% year on year
Other selling, general and administrative expenses¥1.169 billion, down 4.0% year on year
Business factorsGrowth in the real estate sales and purchases business, accumulation of the outstanding guarantee balance in the financial business, transfer of the renovation business, and contraction of the house leaseback business
New initiatives
  • Entered into a partnership with Asahi Shinkin Bank for business-purpose revolving credit guarantees
  • Opened the Hakata Station East Exit store in Fukuoka City
  • Expanded the service area in the real estate sales and purchases business in line with an increase in sales personnel
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA¥510 million
    Year on year against the same period last year+20.9%
  • Cumulative number of franchise locations742 stores
  • Cumulative number of stores opened647 stores
  • Number of properties sold (real estate sales and purchases)330 postings
    Year on year against the same period last year+0.9%
  • Reverse mortgage guarantee balance¥36,491 million
  • Number of partner financial institutions56 Financial institutions
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of properties sold in the real estate sales and purchases business330 postings
    Year on year against the same period last year+0.9%
  • Revenue from used homes in the real estate sales and purchases business¥3,385 million
    Year on year against the same period last year+57.7%
  • Number of used homes sold114 postings
    Year on year against the same period last year+48.1%
  • Number of sales personnel (real estate sales and purchases, period average)96.7 people
Segment results
Franchise business
Net Sales
¥878 million+6.4%
Operating profit
¥525 million+14.7%
Real Estate Sales Business
Net Sales
¥10,291 million+26.7%
Operating profit
¥429 million+10.2%
Financial Business
Net Sales
¥157 million+7.5%
Operating profit
¥50 million+6.5%
House Leaseback Business
Net Sales
¥1,934 million-20.2%
Operating profit
¥204 million-32.3%
Other
Net Sales
¥0 million
Operating profit
¥-2 million
Adjustments
Net Sales
¥-38 million
Operating profit
¥-878 million
Medium-term management plan targets
For the fiscal year ending June 2030: revenue of ¥80 billion, ordinary profit of ¥8 billion (ordinary profit margin of 10%), net profit of ¥5.3 billion, an equity ratio of at least 30%, ROIC of at least 6.0%, and a dividend payout ratio of at least 30%
Financial targets
Equity ratio
TargetAt least 30%
Actual results28.0%
ROIC
Target6.0% or higher
Debt-to-equity ratio
Actual results2.4x
Market Size / Share
The number of real estate brokerage transactions is listed as 32,076 for House Do and 38,103 for Mitsui Fudosan Realty, among others. The market size itself is Not disclosed.
Number of stores and locations
The cumulative number of franchise stores was 742, up 9 from the end of the previous fiscal year, and the cumulative number of stores opened was 647, up 10. There were 24 new franchise stores and 24 newly opened stores. The Hakata Station East Exit store opened.
Annual Dividend
Annual dividend per share¥46
BreakdownYear-end dividend: ¥46; interim dividend: Not disclosed
Payout ratio
103.1% (forecast). Basic level: at least 30%
Contents of this document
ItemDetails
Document typeEarnings presentation materials
Fiscal Period CoveredFirst quarter of the fiscal year ending June 2027
Net Sales¥13,224 million (YoY +10.7%)
Operating profit¥329 million (YoY +58.8%)
Ordinary income¥399 million (YoY +114.0%)
Net income¥257 million (YoY +1,301.2%)
Gross Profit Margin19.5
Operating profit margin2.5
Selling, general and administrative expenses¥2,251 million
Results for the three months of the current quarterRevenue of ¥13.224 billion, operating profit of ¥329 million, ordinary profit of ¥399 million, and net profit attributable to owners of the parent of ¥257 million
Full-year earnings forecastNet Sales ¥45,000 million / Operating profit ¥1,400 million / Ordinary income ¥1,350 million / Net income for the current fiscal year ¥891 million / Earnings per share ¥44.62 / Dividend per share ¥46
Progress against full-year forecastNet Sales 29.4% / Operating profit 23.5% / Ordinary income 29.6% / Profit attributable to owners of parent 28.9% / By segment Franchise: revenue 24.7%, operating profit 24.9%; real estate sales and purchases: revenue 28.3%, operating profit 21.1%; financial: revenue 15.0%, operating profit 8.5%; house leaseback: revenue 46.2%, operating profit 93.0%
Self-assessment against the planEach business is progressing smoothly and has made a strong start. The house leaseback business is significantly ahead of schedule against its conservative full-year plan.
Segment resultsFranchise business Net Sales ¥878 million (YoY +6.4%) / Operating profit ¥525 million (YoY +14.7%) / Real Estate Sales Business Net Sales ¥10,291 million (YoY +26.7%) / Operating profit ¥429 million (YoY +10.2%) / Financial Business Net Sales ¥157 million (YoY +7.5%) / Operating profit ¥50 million (YoY +6.5%) / House Leaseback Business Net Sales ¥1,934 million (YoY -20.2%) / Operating profit ¥204 million (YoY -32.3%) / Other Net Sales ¥0 million / Operating profit ¥-2 million / Adjustments Net Sales ¥-38 million / Operating profit ¥-878 million
Breakdown of Factors Affecting the ChangeSelling, general and administrative expenses Personnel Expenses ¥822 million, down 16.5% year on year / Advertising expenses ¥181 million, down 16.1% year on year / Office maintenance costs ¥78 million, down 10.6% year on year / Other selling, general and administrative expenses ¥1.169 billion, down 4.0% year on year / Business factors Growth in the real estate sales and purchases business, accumulation of the outstanding guarantee balance in the financial business, transfer of the renovation business, and contraction of the house leaseback business
Key KPIsIndicator name EBITDA / Value ¥510 million / Year on year against the same period last year ¥20.9 million, Indicator name Cumulative number of franchise locations / Value 742 stores / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of stores opened / Value 647 stores / Year on year against the same period last year Not disclosed, Indicator name Number of properties sold (real estate sales and purchases) / Value 330 postings / Year on year against the same period last year 0.9 postings, Indicator name Reverse mortgage guarantee balance / Value ¥36,491 million / Year on year against the same period last year Not disclosed, Indicator name Number of partner financial institutions / Value 56 Financial institutions / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Number of properties sold in the real estate sales and purchases business / Value 330 postings / Year on year against the same period last year 0.9 postings, Indicator name Revenue from used homes in the real estate sales and purchases business / Value ¥3,385 million / Year on year against the same period last year ¥57.7 million, Indicator name Number of used homes sold / Value 114 postings / Year on year against the same period last year 48.1 postings, Indicator name Number of sales personnel (real estate sales and purchases, period average) / Value 96.7 people / Year on year against the same period last year Not disclosed
Number of stores and locationsThe cumulative number of franchise stores was 742, up 9 from the end of the previous fiscal year, and the cumulative number of stores opened was 647, up 10. There were 24 new franchise stores and 24 newly opened stores. The Hakata Station East Exit store opened.
Medium-term management plan targetsFor the fiscal year ending June 2030: revenue of ¥80 billion, ordinary profit of ¥8 billion (ordinary profit margin of 10%), net profit of ¥5.3 billion, an equity ratio of at least 30%, ROIC of at least 6.0%, and a dividend payout ratio of at least 30%
Financial targetsEquity ratio Target At least 30% / Actual results 28.0% / ROIC Target 6.0% or higher / Actual results Not disclosed / Debt-to-equity ratio Target Not disclosed / Actual results 2.4x
Annual DividendAnnual dividend per share ¥46 / Breakdown Year-end dividend: ¥46; interim dividend: Not disclosed
Payout ratio103.1% (forecast). Basic level: at least 30%
Market Size / ShareThe number of real estate brokerage transactions is listed as 32,076 for House Do and 38,103 for Mitsui Fudosan Realty, among others. The market size itself is Not disclosed.
New initiativesEntered into a partnership with Asahi Shinkin Bank for business-purpose revolving credit guarantees, Opened the Hakata Station East Exit store in Fukuoka City, Expanded the service area in the real estate sales and purchases business in line with an increase in sales personnel
Items this document does not state (7)
Number of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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.