Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In the development business, 406 units were handed over. In the land planning business, 5 projects were sold, while in the redevelopment business, 2 office buildings and 2 used residential properties were sold. In the land planning business, the timing of sales for some projects was reviewed because expansion of development sites was strong.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥28,424 million (YoY -20.3%) |
| Operating profit | ¥3,270 million (YoY -27.8%) |
| Ordinary income | ¥2,691 million (YoY -35.6%) |
| Profit attributable to owners of the parent | ¥1,856 million (YoY -34.3%) |
| Net income per share | ¥116.52 |
| Equity ratio | End of the current fiscal period 23.7 / End of previous period 31.3 |
| Total assets | ¥65,783 million |
| Net assets | ¥15,691 million |
| Cash flows from operating activities | ¥-21,050 million |
| Cash flows from investing activities | ¥-414 million |
| Cash flows from financing activities | ¥15,635 million |
| Cash and cash equivalents at end of period | ¥8,720 million |
| Full-year earnings forecast | Net Sales ¥75,000 million (YoY +8.3%) / Operating profit ¥8,500 million (YoY +14.3%) / Ordinary income ¥7,500 million (YoY +11.3%) / Net income ¥5,130 million (YoY +11.2%) |
| Annual Dividend Forecast | ¥80.5 → ¥100 |
| Depreciation and amortization | ¥35 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on step acquisition ¥24 million / Extraordinary loss Not disclosed |
| 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 1 / Name of newly added company 株式会社GLキャピタルマネジメント (formerly SAGLアドバイザーズ株式会社) / Excluded 0 / Excluded Company Name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 7 August 2026, the company resolved to repurchase treasury shares. The maximum number of shares to be acquired is 180,000, the maximum acquisition cost is ¥300,000,000, and the acquisition period is from 10 August to 30 October 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for analysts and investors) |
| Issued Shares at Period-End | 16,043,516 |
| Treasury Shares at Period-End | 69,620 |
| Factors Behind Changes in Business Performance | In the development business, 406 units were handed over. In the land planning business, 5 projects were sold, while in the redevelopment business, 2 office buildings and 2 used residential properties were sold. In the land planning business, the timing of sales for some projects was reviewed because expansion of development sites was strong. |
Items this document does not state (9)
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.The company explained that handovers of properties in the development business progressed, while the land planning and redevelopment businesses also generally progressed as planned. In the land planning business, expansion of development sites was strong, and the company said it had reviewed the timing of sales for some projects in order to increase their value before sale. No direct reason was given for the year-on-year declines in net sales and earnings.