Worth reading
58In focus
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
85.7
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales102,715Millions of yenYear on year +21.5%Progress 22.3%
Operating profit8,371Millions of yenYear on year +85.7%Progress 24.3%
Ordinary income7,605Millions of yenYear on year +93.2%Progress 24.1%
Net income attributable to owners of the parent4,809Millions of yenYear on year +100.5%Progress 24.9%
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¥154.93
Financial position at period-end
Total assets367,560Millions of yen
of which net assets 84,488 Millions of yenEquity ratio 20.7%vs. prior year-end +0.1pt
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 revenueBuilt-for-sale housing business 93,521 Millions of yen (YoY +17.0%), Apartments and income-producing real estate business 5,956 Millions of yen (YoY +263.0%)
Segment profitBuilt-for-sale housing business 8,888 Millions of yen (YoY +65.9%), Apartments and income-producing real estate business 558 Millions of yen (YoY +816.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales460,000 Millions of yen (YoY +16.8%)
Operating profit34,500 Millions of yen (YoY +27.8%)
Ordinary income31,500 Millions of yen (YoY +26.2%)
Net income19,300 Millions of yen (YoY +25.7%)
Revision to Earnings ForecastNet Sales Not disclosed → 460,000 Millions of yen / Operating profit Not disclosed → 34,500 Millions of yen / Ordinary income Not disclosed → 31,500 Millions of yen / Net income Not disclosed → 19,300 Millions of yen
Annual Dividend Forecast135 yen and sen → 150 yen and sen
Factors Behind Changes in Business Performance
Steady sales of subdivision housing, expanded store openings and procurement in major metropolitan areas, an expanded target area and stronger procurement for the existing-home redevelopment business, and more selective procurement and a strengthened construction system in the apartment and income-producing real estate business.
Disclosure regarding the going concern assumption
Not applicable.
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 consolidationNo material changes. The filing states that the company acquired shares in one company in the Other segment and made it a consolidated subsidiary, but does not identify the company.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 4 Millions of yen, Gain on bargain purchase 117 Millions of yen / Extraordinary loss Loss on Disposal of Fixed Assets 68 Millions of yen
Depreciation and amortization102 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End31,738,600
Treasury Shares at Period-End691,740
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 102,715 Millions of yen (YoY +21.5%) |
| Operating profit | 8,371 Millions of yen (YoY +85.7%) |
| Ordinary income | 7,605 Millions of yen (YoY +93.2%) |
| Profit attributable to owners of the parent | 4,809 Millions of yen (YoY +100.5%) |
| Net income per share | ¥154.93 |
| Equity ratio | End of the current fiscal period 20.7 / End of previous period 20.6 |
| Total assets | 367,560 Millions of yen |
| Net assets | 84,488 Millions of yen |
| Full-year earnings forecast | Net Sales 460,000 Millions of yen (YoY +16.8%) / Operating profit 34,500 Millions of yen (YoY +27.8%) / Ordinary income 31,500 Millions of yen (YoY +26.2%) / Net income 19,300 Millions of yen (YoY +25.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 460,000 Millions of yen / Operating profit Not disclosed → 34,500 Millions of yen / Ordinary income Not disclosed → 31,500 Millions of yen / Net income Not disclosed → 19,300 Millions of yen |
| Annual Dividend Forecast | 135 yen and sen → 150 yen and sen |
| Segment revenue | Built-for-sale housing business 93,521 Millions of yen (YoY +17.0%), Apartments and income-producing real estate business 5,956 Millions of yen (YoY +263.0%) |
| Segment profit | Built-for-sale housing business 8,888 Millions of yen (YoY +65.9%), Apartments and income-producing real estate business 558 Millions of yen (YoY +816.8%) |
| Depreciation and amortization | 102 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 4 Millions of yen, Gain on bargain purchase 117 Millions of yen / Extraordinary loss Loss on Disposal of Fixed Assets 68 Millions of yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | No material changes. The filing states that the company acquired shares in one company in the Other segment and made it a consolidated subsidiary, but does not identify the company. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 31,738,600 |
| Treasury Shares at Period-End | 691,740 |
| Factors Behind Changes in Business Performance | Steady sales of subdivision housing, expanded store openings and procurement in major metropolitan areas, an expanded target area and stronger procurement for the existing-home redevelopment business, and more selective procurement and a strengthened construction system in the apartment and income-producing real estate business. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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 steady sales of subdivision housing, expanded store openings and procurement in major metropolitan areas, an expanded target area and stronger procurement for its existing-home redevelopment business, and more selective procurement and a strengthened construction system in its apartment and income-producing real estate business. It also said it worked to secure materials and avoid construction delays through advance ordering and diversification of procurement channels.
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.