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
18
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedJapanese GAAPNet Sales23,134¥ millionYear on year +18.0%Progress 62.8%
Operating profit1,917¥ millionYear on year +27.1%Progress 68.3%
Ordinary income1,606¥ millionYear on year +23.6%Progress 67.5%
Net income attributable to owners of the parent1,091¥ millionYear on year +23.1%Progress 67.5%
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 share189.67円
Financial position at period-end
Total assets38,450¥ million
of which net assets 7,767 ¥ millionEquity ratio 20.2%vs. prior year-end -1.5pt
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 revenueHousing Business ¥19,695,774 thousand (YoY +16.1%), Asset Solutions business ¥3,237,686 thousand (YoY +26.4%), Lodging business ¥224,486 thousand (YoY +157.7%)
Segment profitHousing Business ¥2,034,755 thousand (YoY +18.2%), Asset Solutions business ¥313,865 thousand (YoY +46.8%), Lodging business ¥-31,983 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%)
Net income¥1,617 million (YoY +2.4%)
Annual Dividend Forecast¥96 → ¥100（+4.2%）
Factors Behind Changes in Business Performance
戸建住宅235棟・戸建用地17区画などの引渡しによりハウジング事業が増収増益となり、収益マンション4棟・収益アパート1棟の引渡しによりアセットソリューション事業も増収増益となった。宿泊事業は売上高が増加したものの、コンサルティング契約の受注が想定を下回り経常損失が拡大した。
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 — companies (Company name: —) / Excluded — companies (Company name: —)
Depreciation and amortization¥17,212 thousand
Orders received and order backlog期首受注高 ¥4,455,699 thousand / Orders received during the period ¥27,474,535 thousand / Orders received at period-end ¥8,772,287 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End5,754,000 Shares
Treasury Shares at Period-End303 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 December 2025 |
| Net Sales | ¥23,134 million (YoY +18.0%) |
| Operating profit | ¥1,917 million (YoY +27.1%) |
| Ordinary income | ¥1,606 million (YoY +23.6%) |
| Profit attributable to owners of the parent | ¥1,091 million (YoY +23.1%) |
| Net income per share | 189.67円 |
| Equity ratio | End of the current fiscal period 20.2 / End of previous period 21.7 |
| Total assets | ¥38,450 million |
| Net assets | ¥7,767 million |
| 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%) / Net income ¥1,617 million (YoY +2.4%) |
| Annual Dividend Forecast | ¥96 → ¥100（+4.2%） |
| Segment revenue | Housing Business ¥19,695,774 thousand (YoY +16.1%), Asset Solutions business ¥3,237,686 thousand (YoY +26.4%), Lodging business ¥224,486 thousand (YoY +157.7%) |
| Segment profit | Housing Business ¥2,034,755 thousand (YoY +18.2%), Asset Solutions business ¥313,865 thousand (YoY +46.8%), Lodging business ¥-31,983 thousand |
| Orders received and order backlog | 期首受注高 ¥4,455,699 thousand / Orders received during the period ¥27,474,535 thousand / Orders received at period-end ¥8,772,287 thousand |
| Depreciation and amortization | ¥17,212 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 — companies (Company name: —) / Excluded — companies (Company name: —) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 5,754,000 Shares |
| Treasury Shares at Period-End | 303 Shares |
| Factors Behind Changes in Business Performance | 戸建住宅235棟・戸建用地17区画などの引渡しによりハウジング事業が増収増益となり、収益マンション4棟・収益アパート1棟の引渡しによりアセットソリューション事業も増収増益となった。宿泊事業は売上高が増加したものの、コンサルティング契約の受注が想定を下回り経常損失が拡大した。 |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision 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.不動産市場が堅調に推移する中、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を活用した販売手法の強化、営業部門の集約による業務効率化・販売力強化に取り組んだ。ハウジング事業では戸建住宅などの引渡しが増加し、アセットソリューション事業では収益マンション・収益アパートの引渡しが増加した。一方、宿泊事業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。
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.