Contents of this document
- Launch of the TOKYO MODULE brand
- Launch of the MIDHOUSE brand
- Advancement of the development of THE GRANDUO luxury rental residences
- Development and introduction of original-brand kitchens by 株式会社Madre
- Holding of the Faith Design Competition 2026
- Consolidation of locations through the relocation of the head office
- Improving operational efficiency through the use of AI and DX
- Occupancy Rate98.6 %
- Units under management2,598 unitsYear on year against the same period last yearDown 176 units
- Buildings under management219 buildingsYear on year against the same period last yearDown 2 buildings
- Number of projects in progress42 Projects
- Number of properties sold · Real estate products22 EngagementsYear on year against the same period last year21 cases in the previous fiscal year
- Number of properties sold · Construction products4 EngagementsYear on year against the same period last year7 cases in the previous fiscal year
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥32,916 million (YoY +10.0%) |
| Operating profit | ¥5,632 million (YoY +24.6%) |
| Ordinary income | ¥5,165 million (YoY +25.8%) |
| Net income | ¥3,586 million (YoY +29.5%) |
| Gross Profit Margin | Rate 26.9% / Year-on-year change (points) Up 2.6 percentage points from 24.3% |
| Operating profit margin | Rate 17.1% / Year-on-year change (points) Up 2.0 percentage points from 15.1% |
| Selling, general and administrative expenses | Personnel expenses up ¥166 million, advertising expenses up ¥85 million, land and rent expenses up ¥35 million, brokerage fees up ¥28 million, and other SG&A expenses up ¥149 million |
| Full-year earnings forecast | Net Sales ¥37,000 million / Operating profit ¥6,300 million / Ordinary income ¥5,800 million / Profit attributable to owners of the parent ¥3,800 million |
| Self-assessment against the plan | Generally in line with plan (NEXT VISION 2026) |
| Segment results | Real estate investment support business Net Sales ¥31,993 million (YoY +10.1%) / Segment profit ¥5,433 million (YoY +25.0%) / Real estate management business Net Sales ¥923 million (YoY +6.1%) / Segment profit ¥199 million (YoY +16.4%) |
| Breakdown of Factors Affecting the Change | Gross profit from the real estate investment support business +¥1,524 million / Gross profit from the real estate management business +¥53 million / Brokerage commissions -¥28 million / Advertising expenses -¥85 million / Personnel Expenses -¥166 million / Land and rent expenses -¥35 million / Other SG&A expenses -¥149 million |
| Key KPIs | Indicator name Occupancy Rate / Value 98.6 % / Year on year against the same period last year Not disclosed, Indicator name Units under management / Value 2,598 units / Year on year against the same period last year Down 176 units, Indicator name Buildings under management / Value 219 buildings / Year on year against the same period last year Down 2 buildings, Indicator name Number of projects in progress / Value 42 Projects / Year on year against the same period last year Not disclosed, Indicator name Number of properties sold · Real estate products / Value 22 Engagements / Year on year against the same period last year 21 cases in the previous fiscal year, Indicator name Number of properties sold · Construction products / Value 4 Engagements / Year on year against the same period last year 7 cases in the previous fiscal year |
| Unit price and quantity metrics | Includes trends in average selling prices and selling prices per tsubo |
| Number of stores and locations | Consolidated operations at a single location following the relocation of the head office |
| Assumptions Underlying the Business Outlook | Properties scheduled for sale 23 real estate products and 9 construction products, for a total of 32 properties / Number of buildings completed 23 buildings planned / Completed total floor area 1Q 5,833.03㎡、2Q 3,533.92㎡、3Q 1,276.86㎡、4Q 6,710.37㎡ / Revenue plan ¥37,000 million |
| Medium-term management plan targets | NEXT VISION 2029 Net Sales ¥50 billion for the fiscal year ending March 2029 / Ordinary income ¥7.5 billion for the fiscal year ending March 2029 / ROE At least 30% during the medium-term plan period / Payout ratio 35% or more / Annual number of completed buildings 25 buildings / Average property price ¥1.9 billion / Gross Margin 25% or higher / Comparison with NEXT VISION 2026 results Revenue ¥32.9 billion, ordinary profit ¥5.1 billion, ROE 32.4%, dividend ¥42.5, market capitalization ¥23 billion |
| Financial targets | ROE Actual results 32.4% / Target At least 30% / Equity ratio Actual results Not disclosed / Target At least 30% |
| Annual Dividend | Annual dividend per share ¥42.5 per share (forecast for the fiscal year ending March 2026) / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | Target: 35% |
| Market Size / Share | Includes the scale of net financial assets, number of households and inheritance tax payments of high-net-worth and ultra-high-net-worth individuals. Company's market share: Not disclosed |
| New initiatives | Launch of the TOKYO MODULE brand, Launch of the MIDHOUSE brand, Advancement of the development of THE GRANDUO luxury rental residences, Development and introduction of original-brand kitchens by 株式会社Madre, Holding of the Faith Design Competition 2026, Consolidation of locations through the relocation of the head office, Improving operational efficiency through the use of AI and DX |
Items this document does not state (8)
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.For the fiscal year ended March 2026, initiatives to enhance property value proved effective, resulting in a higher gross profit margin. Gross profit from the real estate investment support business increased, while personnel expenses rose due to an increase in headcount and advertising expenses increased as a result of active PR activities. For the fiscal year ending March 2027, the company will focus on sales promotion, the launch of new brands, maximizing property value, the development of luxury rental residences, securing and developing human resources, and improving operational efficiency.