Worth reading
56In focus
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
-84.2
Operating profit year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2023年４月１日～2023年９月30日Non-consolidated (standalone)Japanese GAAPNet Sales8,480¥ millionYear on year -25.1%Progress 28.0%
Operating profit142¥ millionYear on year -84.2%Progress 5.9%
Ordinary income3¥ millionYear on year -99.5%Progress 0.1%
Net income attributable to owners of the parent0¥ millionYear on year -99.9%Progress 0.0%
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 share0.06円
Financial position at period-end
Total assets25,805¥ million
of which net assets 5,120 ¥ millionEquity ratio 19.8%vs. prior year-end -4.3pt
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.
Cash inflows and outflows
Operating-4,937,333
Investment+7,055
Financials+3,394,893
Net change-1,535,385
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥4,432,428 thousand
Segment revenue戸建販売事業 ¥7,852,059 thousand (YoY -10.2%), Asset Solutions business ¥627,953 thousand (YoY -75.6%)
Segment profit戸建販売事業 ¥205,791 thousand (YoY -72.6%), Asset Solutions business ¥155,839 thousand (YoY +52.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,250 million (YoY +17.0%)
Operating profit¥2,424 million (YoY +17.5%)
Ordinary income¥2,122 million (YoY +13.5%)
Net income¥1,464 million (YoY +13.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥78 → ¥78（0.0%）
Factors Behind Changes in Business Performance
収益マンション1棟の引渡しが工期遅延で第3四半期以降にずれ込み、戸建販売事業では高い時期に仕入れた完成在庫の早期入れ替えのため価格改定や値引き販売を実施した。
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
Depreciation and amortization¥11,700 thousand
Orders received and order backlogOrders received during the period ¥9,553,194 thousand / Orders received at period-end ¥4,513,885 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End5,754,000
Treasury Shares at Period-End303
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 2023年４月１日～2023年９月30日 |
| Net Sales | ¥8,480 million (YoY -25.1%) |
| Operating profit | ¥142 million (YoY -84.2%) |
| Ordinary income | ¥3 million (YoY -99.5%) |
| Profit attributable to owners of the parent | ¥0 million (YoY -99.9%) |
| Net income per share | 0.06円 |
| Equity ratio | End of the current fiscal period 19.8 / End of previous period 24.1 |
| Total assets | ¥25,805 million |
| Net assets | ¥5,120 million |
| Cash flows from operating activities | ¥-4,937,333 thousand |
| Cash flows from investing activities | ¥7,055 thousand |
| Cash flows from financing activities | ¥3,394,893 thousand |
| Cash and cash equivalents at end of period | ¥4,432,428 thousand |
| Full-year earnings forecast | Net Sales ¥30,250 million (YoY +17.0%) / Operating profit ¥2,424 million (YoY +17.5%) / Ordinary income ¥2,122 million (YoY +13.5%) / Net income ¥1,464 million (YoY +13.4%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥78 → ¥78（0.0%） |
| Segment revenue | 戸建販売事業 ¥7,852,059 thousand (YoY -10.2%), Asset Solutions business ¥627,953 thousand (YoY -75.6%) |
| Segment profit | 戸建販売事業 ¥205,791 thousand (YoY -72.6%), Asset Solutions business ¥155,839 thousand (YoY +52.8%) |
| Orders received and order backlog | Orders received during the period ¥9,553,194 thousand / Orders received at period-end ¥4,513,885 thousand |
| Depreciation and amortization | ¥11,700 thousand |
| 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 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 5,754,000 |
| Treasury Shares at Period-End | 303 |
| Factors Behind Changes in Business Performance | 収益マンション1棟の引渡しが工期遅延で第3四半期以降にずれ込み、戸建販売事業では高い時期に仕入れた完成在庫の早期入れ替えのため価格改定や値引き販売を実施した。 |
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicyRegional salesImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidationMaterial 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.アセットソリューション事業では工期遅延により収益マンション1棟の引渡しが第3四半期以降にずれ込み、戸建販売事業では用地価格が高い時期に仕入れた完成在庫の早期入れ替えのため、価格改定や値引き販売を実施した。
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.