Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
904.3
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 July 2025 to 31 March 2026ConsolidatedJapanese GAAPNet Sales4,710¥ millionYear on year +2.7%Progress 49.3%
Operating profit78¥ millionYear on year +904.3%Progress 45.9%
Ordinary income22¥ millionProgress 24.4%
Net income attributable to owners of the parent1¥ millionYear on year -86.4%
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¥0.27
Financial position at period-end
Total assets6,607¥ million
of which net assets 2,590 ¥ millionEquity ratio 39.1%vs. prior year-end -3.6pt
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 revenueReal estate sales business ¥3,544 million (YoY +1.1%), Property Management Business ¥868 million (YoY +5.0%), Overseas Real Estate Business ¥297 million (YoY +17.4%)
Segment profitReal estate sales business ¥44 million, Property Management Business ¥57 million (YoY +3.9%), Overseas Real Estate Business ¥-13 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥9,550 million (YoY +14.1%)
Operating profit¥170 million (YoY +2.4%)
Ordinary income¥90 million (YoY -6.4%)
Profit attributable to owners of the parent¥50 million (YoY -57.4%)
Annual Dividend Forecast¥12.5 → ¥12.5（0.0%）
Factors Behind Changes in Business Performance
In the real estate sales business, the Company sold one XEBEC property upon delivery and one battery storage development project. In the real estate management business, it focused on reviewing asking rents, reducing the vacancy rate and optimizing rents, while the number of properties under management increased as a result of 朝日管理株式会社 becoming a subsidiary.
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 consolidationAdded 1 company: 朝日管理株式会社; removed 0 companies
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)There were no extraordinary gains in the current period (—), and no extraordinary losses were reported. In the same period of the previous fiscal year, the Company recorded a gain on the sale of non-current assets of ¥1,548 thousand and insurance surrender value of ¥62,554 thousand.
Depreciation and amortization¥24,644 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End4,378,250 Shares
Treasury Shares at Period-End527 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2025 to 31 March 2026 |
| Net Sales | ¥4,710 million (YoY +2.7%) |
| Operating profit | ¥78 million (YoY +904.3%) |
| Ordinary income | ¥22 million |
| Profit attributable to owners of the parent | ¥1 million (YoY -86.4%) |
| Net income per share | ¥0.27 |
| Equity ratio | End of the current fiscal period 39.1 / End of previous period 42.7 |
| Total assets | ¥6,607 million |
| Net assets | ¥2,590 million |
| Full-year earnings forecast | Net Sales ¥9,550 million (YoY +14.1%) / Operating profit ¥170 million (YoY +2.4%) / Ordinary income ¥90 million (YoY -6.4%) / Profit attributable to owners of the parent ¥50 million (YoY -57.4%) |
| Annual Dividend Forecast | ¥12.5 → ¥12.5（0.0%） |
| Segment revenue | Real estate sales business ¥3,544 million (YoY +1.1%), Property Management Business ¥868 million (YoY +5.0%), Overseas Real Estate Business ¥297 million (YoY +17.4%) |
| Segment profit | Real estate sales business ¥44 million, Property Management Business ¥57 million (YoY +3.9%), Overseas Real Estate Business ¥-13 million |
| Depreciation and amortization | ¥24,644 thousand |
| Breakdown of extraordinary income (loss) | There were no extraordinary gains in the current period (—), and no extraordinary losses were reported. In the same period of the previous fiscal year, the Company recorded a gain on the sale of non-current assets of ¥1,548 thousand and insurance surrender value of ¥62,554 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 |
| Changes in the scope of consolidation | Added 1 company: 朝日管理株式会社; removed 0 companies |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 4,378,250 Shares |
| Treasury Shares at Period-End | 527 Shares |
| Factors Behind Changes in Business Performance | In the real estate sales business, the Company sold one XEBEC property upon delivery and one battery storage development project. In the real estate management business, it focused on reviewing asking rents, reducing the vacancy rate and optimizing rents, while the number of properties under management increased as a result of 朝日管理株式会社 becoming a subsidiary. |
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 periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
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 real estate sales business, the Company sold one XEBEC property upon delivery and one battery storage development project. In the real estate management business, it focused on reviewing asking rents, reducing the vacancy rate and optimizing rents, while the number of properties under management increased as a result of 朝日管理株式会社 becoming a subsidiary.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.