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Presentation materials for financial results3467Agratio urban design Inc.Real Estate

Supplementary Explanatory Materials for the First Quarter Financial Results for the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue and profit at every level exceeded the year-earlier period, while the gross profit margin also improved. Revenue and the number of deliveries in the Asset Solutions and Lodging businesses fell below the year-earlier levels, but the Group is expanding its business scope through the consolidation of the condominium business and new services.

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1103
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Contents of this document

Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥8,033 million+15.9%
Operating profit¥681 million+34.2%
Ordinary income¥519 million+25.4%
Net income¥373 million +34.2%profit attributable to owners of the parent
Selling, general and administrative expenses¥859 million
Gross Profit Margin
Rate19.2%
Year-on-year change (points)Improved by 1.3 percentage points, from 17.9% to 19.2%
Operating profit margin
Rate8.5%
Year-on-year change (points)Improved by 1.2 percentage points, from 7.3% to 8.5%
Results for the three months of the current quarterRevenue of ¥8,033 million, operating profit of ¥681 million, ordinary profit of ¥519 million, and quarterly net income attributable to owners of the parent of ¥373 million. All figures represent results for the first quarter alone.
Full-year earnings forecastRevenue of ¥47.4 billion. Annual dividend of ¥140 per share is planned. Other full-year profit forecasts are Not disclosed.
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year changes in revenue, cost of sales, gross profit, selling, general and administrative expenses, and non-operating income and expenses are disclosed in a table. The main factors described include the improvement in the gross profit margin, the increase in interest expense accompanying higher interest rates, the shift in the timing of property deliveries between months, and increases in the number of homes sold and order backlog. Waterfall amounts by factor are Not disclosed.
New initiatives
  • Integrate 多摩建設 into the Group and establish a condominium business
  • Launch the ryokan revitalization products "楽宿経営" and "よりみちステーション" in the Lodging business
  • Introduce a self-guided home viewing system from 1 April 2026
  • Begin supporting the opening of lodging facilities with zero initial investment through a business partnership with ブロードエンタープライズ
  • Change and expand the shareholder benefit program from the record date of 31 March 2028
Key KPIsA metric the company considers important as a management benchmark.
  • Housing business: number of homes sold81 buildings
    Year on year against the same period last year+18 homes
  • Housing business: order backlog¥6,519 million
    Year on year against the same period last year+¥3,026 million
  • Housing business: number of homes in the order backlog71 buildings
    Year on year against the same period last year+5 homes
  • Asset Solutions business: number of deliveries4 Engagements
    Year on year against the same period last year+2 properties
  • Asset Solutions business: order backlog¥1,737 million
    Year on year against the same period last year+¥1,200 million
  • Asset Solutions business: number of properties in the order backlog5 Engagements
    Year on year against the same period last year+2 properties
  • Lodging business: number of deliveries2 Engagements
    Year on year against the same period last year-2 deliveries
  • Acquisition pipelineApproximately ¥105.8 billion
    Year on year against the same period last yearUp ¥36.8 billion from approximately ¥69.0 billion in the year-earlier period
Segment results
  • Housing Business
    Net Sales¥7,066 million (+42.3% year on year)
  • Asset Solutions business
    Net Sales¥931 million (-51.3% year on year)
  • Condominium Business
  • Lodging business
    Net Sales¥35 million (-31.2% year on year)
Medium-term management plan targets
Group revenue of ¥50 billion in 2030. The target is expected to be achieved two years ahead of schedule, in the fiscal year ending March 2028, following the integration of 多摩建設 into the Group. Revenue of ¥100 billion is also in view.
Orders received and order backlog
Housing business: order backlog of ¥6,519 million and 71 homes; Asset Solutions business: order backlog of ¥1,737 million and 5 properties; Condominium business: order backlog of ¥4,380 million and 59 units.
Number of stores and locations
The Shibuya branch was opened and relocated. The full list of the number of stores at period-end and openings and closures during the period is Not disclosed.
Annual Dividend
Annual dividend of ¥140 per share is planned. The interim and year-end breakdown is Not disclosed.
Payout ratio
A payout ratio of 35% is the target dividend level.
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥8,033 million (YoY +15.9%)
Operating profit¥681 million (YoY +34.2%)
Ordinary income¥519 million (YoY +25.4%)
Net income¥373 million (profit attributable to owners of the parent) (YoY +34.2%)
Gross Profit MarginRate 19.2% / Year-on-year change (points) Improved by 1.3 percentage points, from 17.9% to 19.2%
Operating profit marginRate 8.5% / Year-on-year change (points) Improved by 1.2 percentage points, from 7.3% to 8.5%
Selling, general and administrative expenses¥859 million
Results for the three months of the current quarterRevenue of ¥8,033 million, operating profit of ¥681 million, ordinary profit of ¥519 million, and quarterly net income attributable to owners of the parent of ¥373 million. All figures represent results for the first quarter alone.
Full-year earnings forecastRevenue of ¥47.4 billion. Annual dividend of ¥140 per share is planned. Other full-year profit forecasts are Not disclosed.
Segment resultsSegment Housing Business / Net Sales ¥7,066 million (+42.3% year on year) / Profit Not disclosed, Segment Asset Solutions business / Net Sales ¥931 million (-51.3% year on year) / Profit Not disclosed, Segment Condominium Business / Net Sales Not disclosed / Profit Not disclosed, Segment Lodging business / Net Sales ¥35 million (-31.2% year on year) / Profit Not disclosed
Breakdown of Factors Affecting the ChangeYear-on-year changes in revenue, cost of sales, gross profit, selling, general and administrative expenses, and non-operating income and expenses are disclosed in a table. The main factors described include the improvement in the gross profit margin, the increase in interest expense accompanying higher interest rates, the shift in the timing of property deliveries between months, and increases in the number of homes sold and order backlog. Waterfall amounts by factor are Not disclosed.
Key KPIsIndicator Housing business: number of homes sold / Value 81 buildings / Year on year against the same period last year +18 homes, Indicator Housing business: order backlog / Value ¥6,519 million / Year on year against the same period last year +¥3,026 million, Indicator Housing business: number of homes in the order backlog / Value 71 buildings / Year on year against the same period last year +5 homes, Indicator Asset Solutions business: number of deliveries / Value 4 Engagements / Year on year against the same period last year +2 properties, Indicator Asset Solutions business: order backlog / Value ¥1,737 million / Year on year against the same period last year +¥1,200 million, Indicator Asset Solutions business: number of properties in the order backlog / Value 5 Engagements / Year on year against the same period last year +2 properties, Indicator Lodging business: number of deliveries / Value 2 Engagements / Year on year against the same period last year -2 deliveries, Indicator Acquisition pipeline / Value Approximately ¥105.8 billion / Year on year against the same period last year Up ¥36.8 billion from approximately ¥69.0 billion in the year-earlier period
Number of stores and locationsThe Shibuya branch was opened and relocated. The full list of the number of stores at period-end and openings and closures during the period is Not disclosed.
Medium-term management plan targetsGroup revenue of ¥50 billion in 2030. The target is expected to be achieved two years ahead of schedule, in the fiscal year ending March 2028, following the integration of 多摩建設 into the Group. Revenue of ¥100 billion is also in view.
Annual DividendAnnual dividend of ¥140 per share is planned. The interim and year-end breakdown is Not disclosed.
Payout ratioA payout ratio of 35% is the target dividend level.
Orders received and order backlogHousing business: order backlog of ¥6,519 million and 71 homes; Asset Solutions business: order backlog of ¥1,737 million and 5 properties; Condominium business: order backlog of ¥4,380 million and 59 units.
New initiativesIntegrate 多摩建設 into the Group and establish a condominium business, Launch the ryokan revitalization products "楽宿経営" and "よりみちステーション" in the Lodging business, Introduce a self-guided home viewing system from 1 April 2026, Begin supporting the opening of lodging facilities with zero initial investment through a business partnership with ブロードエンタープライズ, Change and expand the shareholder benefit program from the record date of 31 March 2028
Items this document does not state (11)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey 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.

In the Housing business, the number of homes sold and order backlog increased, supported by the shift toward mid- and high-priced properties driven by the return to central urban areas and an increase in homes sold in the Tama area. The decline in revenue in the Asset Solutions business was attributed to the timing of deliveries shifting between months, while the decline in the Lodging business was attributed to factors including its business mix. On a consolidated basis, the improvement in the gross profit margin absorbed the increase in interest expense accompanying higher interest rates.

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Supplementary Explanatory Materials for the First Quarter Financial Results for the Fiscal Year Ending March 2027 | Agratio urban design Inc. (3467) timely disclosure | Komori