Worth reading
83Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
15
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending March 2026, full year14 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥393,905 million+15.0%
Operating profit¥26,995 million+56.4%
Ordinary income¥24,963 million+65.0%
Net income¥15,355 million+73.3%
Gross Profit Margin14.3 %
Operating profit margin6.9 %
Selling, general and administrative expenses¥29,125 million
Results for the three months of the current quarter
Net Sales
¥117,031 million
Gross profit
¥16,458 million
Operating profit
¥8,055 million
Ordinary income
¥7,402 million
Net income
¥4,669 million
Full-year earnings forecast
Net Sales
¥4,500 100 million
Ordinary income
¥285 100 million
Net income
¥175 100 million
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 Sales102.8 % versus the revised forecast for the fiscal year ending March 2026
Operating profit103.8 % versus the revised forecast for the fiscal year ending March 2026
Ordinary income104 % versus the revised forecast for the fiscal year ending March 2026
Net income107.4 % versus the revised forecast for the fiscal year ending March 2026
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Achieved a substantial increase in revenue, significantly exceeding the revised forecastAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Maintaining a prudent earnings forecast that incorporates a certain degree of earnings growth, taking into account the uncertain external environment at present, including the impact of the situation in the Middle EastNew initiatives
- Expansion of the existing-home renovation business into Hyogo and Aichi
- In-house construction processes in Australia through the establishment of the construction company KINTEGRA LIVING PTY LTD
- Strengthening product development for affordable housing
- A two-pronged strategy combining newly built spec homes and existing-home renovation
- Expansion of IKI.net's franchise operations
Key KPIsA metric the company considers important as a management benchmark.
- Number of spec-built homes sold9,232 buildingsYear on year against the same period last year+5.3%
- Total contracted inventory11,000 homes exceeded
- Number of stores in the existing-home renovation business23 Location
- Number of lots held in inventory in the Australian business1,400 or more lots
- Number of lots ordered in the Australian business500 over lots
- Number of paid members registered with Ie Support5,000 Over people
- Number of IKI.net franchisees54 companiesYear on year against the same period last year+350.0%
- Employment Rate of People with Disabilities3.17 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of homes sold9,232 homes in the spec-built housing business and 257 homes in the custom-built housing business
Selling priceThe average selling price in the spec-built housing business is gradually increasing (specific figure: Not disclosed)
Segment results
Built-for-sale housing business
Number of homes sold
9,232 buildings+5.3%
Net Sales
¥365,776 million+13.3%
Operating profit
¥27,559 million+43.1%
Custom-Built Housing Business
Number of homes sold
257 buildings-28.2%
Net Sales
¥6,376 million-8.3%
Operating profit
¥105 million+176.6%
Other Businesses
Net Sales
¥21,753 million+70.5%
Operating profit
¥4,103 million+116.7%
Medium-term management plan targets
Net Sales
¥4,250 100 million
Target fiscal yearFiscal year ending March 2028
Ordinary income
¥250 100 million
Target fiscal yearFiscal year ending March 2028
Net income
¥150 100 million
Target fiscal yearFiscal year ending March 2028
Financial targets
ROE15% or higher
Equity ratio20% or higher, with a target of raising it to 25–30%
Market Size / Share
Existing-home renovation businessAiming to become the market share leader. Achieved the No. 1 franchisee count in the single-story-home construction franchise sector
Number of stores and locations
Existing-home renovation business23 stores as of April 2026. 11 fully operational stores. The number of openings and closures during the period was Not disclosed
Existing-home renovation officesTargeting 100 stores at the earliest possible date
Number of employees
Number of new employees238 people
As of2 April 2026
Annual Dividend
Actual results for the fiscal year ending March 2026
¥235
Forecast for the fiscal year ending March 2027
¥140
Interim Dividend70
Payout ratio
Fiscal year ending March 202623.7 %
Forecast for the fiscal year ending March 202724.8 %
Acquisition of treasury shares
¥10 100 million
TimingJune 2024
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥393,905 million (YoY +15.0%) |
| Operating profit | ¥26,995 million (YoY +56.4%) |
| Ordinary income | ¥24,963 million (YoY +65.0%) |
| Net income | ¥15,355 million (YoY +73.3%) |
| Gross Profit Margin | 14.3 % |
| Operating profit margin | 6.9 % |
| Selling, general and administrative expenses | ¥29,125 million |
| Results for the three months of the current quarter | Net Sales ¥117,031 million / Gross profit ¥16,458 million / Operating profit ¥8,055 million / Ordinary income ¥7,402 million / Net income ¥4,669 million |
| Full-year earnings forecast | Net Sales ¥4,500 100 million / Ordinary income ¥285 100 million / Net income ¥175 100 million |
| Progress against full-year forecast | Net Sales 102.8 % (versus the revised forecast for the fiscal year ending March 2026) / Operating profit 103.8 % (versus the revised forecast for the fiscal year ending March 2026) / Ordinary income 104 % (versus the revised forecast for the fiscal year ending March 2026) / Net income 107.4 % (versus the revised forecast for the fiscal year ending March 2026) |
| Self-assessment against the plan | Achieved a substantial increase in revenue, significantly exceeding the revised forecast |
| Segment results | Built-for-sale housing business Number of homes sold 9,232 buildings (YoY +5.3%) / Net Sales ¥365,776 million (YoY +13.3%) / Operating profit ¥27,559 million (YoY +43.1%) / Custom-Built Housing Business Number of homes sold 257 buildings (YoY -28.2%) / Net Sales ¥6,376 million (YoY -8.3%) / Operating profit ¥105 million (YoY +176.6%) / Other Businesses Net Sales ¥21,753 million (YoY +70.5%) / Operating profit ¥4,103 million (YoY +116.7%) |
| Key KPIs | Indicator name Number of spec-built homes sold / Value 9,232 buildings / Year on year against the same period last year 5.3 buildings, Indicator name Total contracted inventory / Value 11,000 homes exceeded / Year on year against the same period last year Not disclosed, Indicator name Number of stores in the existing-home renovation business / Value 23 Location / Year on year against the same period last year Not disclosed, Indicator name Number of lots held in inventory in the Australian business / Value 1,400 or more lots / Year on year against the same period last year Not disclosed, Indicator name Number of lots ordered in the Australian business / Value 500 over lots / Year on year against the same period last year Not disclosed, Indicator name Number of paid members registered with Ie Support / Value 5,000 Over people / Year on year against the same period last year Not disclosed, Indicator name Number of IKI.net franchisees / Value 54 companies / Year on year against the same period last year 350 companies, Indicator name Employment Rate of People with Disabilities / Value 3.17 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Number of homes sold 9,232 homes in the spec-built housing business and 257 homes in the custom-built housing business / Selling price The average selling price in the spec-built housing business is gradually increasing (specific figure: Not disclosed) |
| Number of stores and locations | Existing-home renovation business 23 stores as of April 2026. 11 fully operational stores. The number of openings and closures during the period was Not disclosed / Existing-home renovation offices Targeting 100 stores at the earliest possible date |
| Number of employees | Number of new employees 238 people / As of 2 April 2026 / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Maintaining a prudent earnings forecast that incorporates a certain degree of earnings growth, taking into account the uncertain external environment at present, including the impact of the situation in the Middle East |
| Medium-term management plan targets | Net Sales ¥4,250 100 million / Ordinary income ¥250 100 million / Net income ¥150 100 million |
| Financial targets | ROE 15% or higher / Equity ratio 20% or higher, with a target of raising it to 25–30% |
| Annual Dividend | Actual results for the fiscal year ending March 2026 ¥235 / Forecast for the fiscal year ending March 2027 ¥140 |
| Payout ratio | Fiscal year ending March 2026 23.7 % / Forecast for the fiscal year ending March 2027 24.8 % |
| Acquisition of treasury shares | Amount ¥10 100 million / Timing June 2024 / Number of Shares Not disclosed / Period Not disclosed |
| Market Size / Share | Existing-home renovation business Aiming to become the market share leader. Achieved the No. 1 franchisee count in the single-story-home construction franchise sector |
| New initiatives | Expansion of the existing-home renovation business into Hyogo and Aichi, In-house construction processes in Australia through the establishment of the construction company KINTEGRA LIVING PTY LTD, Strengthening product development for affordable housing, A two-pronged strategy combining newly built spec homes and existing-home renovation, Expansion of IKI.net's franchise operations |
Items this document does not state (5)
Breakdown of Factors Affecting the ChangeRisk amount incorporated into the outlookCapital 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.Strong demand for spec-built detached homes, particularly in major metropolitan areas, drove revenue and profit. Demand for spec-built detached homes increased relatively as condominium prices soared, while the increase in the number of homes sold also contributed.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.