Worth reading
55In 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
36.7
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2025年4月1日〜2025年9月30日ConsolidatedJapanese GAAPNet Sales16,248¥ millionYear on year +20.5%Progress 44.1%
Operating profit1,478¥ millionYear on year +36.7%Progress 52.7%
Ordinary income1,282¥ millionYear on year +40.0%Progress 53.9%
Net income attributable to owners of the parent874¥ millionYear on year +40.1%
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 share152.05円
Financial position at period-end
Total assets34,302¥ million
of which net assets 7,551 ¥ millionEquity ratio 22.0%vs. prior year-end +0.3pt
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-1,782,296
Investment-3,618
Financials+555,104
Net change-1,230,810
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¥5,940,499 thousand
Segment revenueHousing Business ¥12,936,346 thousand (YoY +18.6%), Asset Solutions business ¥3,226,950 thousand (YoY +28.3%), Lodging business ¥100,983 thousand (YoY +65.7%)
Segment profitHousing Business ¥1,363,038 thousand (YoY +26.6%), Asset Solutions business ¥418,204 thousand (YoY +47.7%), Lodging business ¥-31,965 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,858 million (YoY +19.9%)
Operating profit¥2,805 million (YoY +10.1%)
Ordinary income¥2,378 million (YoY +5.8%)
Profit attributable to owners of the parent¥1,617 million (YoY +2.4%)
Annual Dividend Forecast¥96 → ¥100
Factors Behind Changes in Business Performance
不動産市場で利便性・希少性の高い立地の需要が回復。ハウジング事業では戸建住宅等の引渡し、用地取得、自社販売手法の改善、営業部門の集約による販売力・業務効率の強化が進んだ。アセットソリューション事業では収益マンション等を引き渡した一方、宿泊事業ではコンサルティング契約の受注が想定を下回り経常損失となった。
Disclosure regarding the going concern assumption
No applicable matters
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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Depreciation and amortization¥9,446 thousand
Orders received and order backlogOrders received during the period ¥17,344,127 thousand / Orders received at period-end ¥5,535,546 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 | Consolidated |
| Period Covered | 2025年4月1日〜2025年9月30日 |
| Net Sales | ¥16,248 million (YoY +20.5%) |
| Operating profit | ¥1,478 million (YoY +36.7%) |
| Ordinary income | ¥1,282 million (YoY +40.0%) |
| Profit attributable to owners of the parent | ¥874 million (YoY +40.1%) |
| Net income per share | 152.05円 |
| Equity ratio | End of the current fiscal period 22 / End of previous period 21.7 |
| Total assets | ¥34,302 million |
| Net assets | ¥7,551 million |
| Cash flows from operating activities | ¥-1,782,296 thousand |
| Cash flows from investing activities | ¥-3,618 thousand |
| Cash flows from financing activities | ¥555,104 thousand |
| Cash and cash equivalents at end of period | ¥5,940,499 thousand |
| Full-year earnings forecast | Net Sales ¥36,858 million (YoY +19.9%) / Operating profit ¥2,805 million (YoY +10.1%) / Ordinary income ¥2,378 million (YoY +5.8%) / Profit attributable to owners of the parent ¥1,617 million (YoY +2.4%) |
| Annual Dividend Forecast | ¥96 → ¥100 |
| Segment revenue | Housing Business ¥12,936,346 thousand (YoY +18.6%), Asset Solutions business ¥3,226,950 thousand (YoY +28.3%), Lodging business ¥100,983 thousand (YoY +65.7%) |
| Segment profit | Housing Business ¥1,363,038 thousand (YoY +26.6%), Asset Solutions business ¥418,204 thousand (YoY +47.7%), Lodging business ¥-31,965 thousand |
| Orders received and order backlog | Orders received during the period ¥17,344,127 thousand / Orders received at period-end ¥5,535,546 thousand |
| Depreciation and amortization | ¥9,446 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| 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 | 不動産市場で利便性・希少性の高い立地の需要が回復。ハウジング事業では戸建住宅等の引渡し、用地取得、自社販売手法の改善、営業部門の集約による販売力・業務効率の強化が進んだ。アセットソリューション事業では収益マンション等を引き渡した一方、宿泊事業ではコンサルティング契約の受注が想定を下回り経常損失となった。 |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossBreakdown of extraordinary income (loss)Material 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.利便性・希少性の高い立地で需要が回復したことに加え、良質な事業用地の取得、自社設計・自社施工管理による戸建住宅の供給、SNSの活用、営業部門の集約による販売力・業務効率の強化などに取り組んだため。
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.