Komori
Earnings3489FaithNetwork Co.,LtdReal Estate

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending March 2027, revenue increased 60.2% year on year, while operating profit, ordinary profit and net income all turned profitable from losses. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
54Recurring
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
60.2
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales4,735¥ millionYear on year +60.2%Progress 12.8%
Operating profit252¥ millionProgress 4.0%
Ordinary income117¥ millionProgress 2.0%
Net income attributable to owners of the parent64¥ millionProgress 1.7%

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¥2.16
Financial position at period-end
Total assets38,009¥ million
of which net assets 11,191 ¥ millionEquity ratio 29.4%vs. prior year-end -6.4pt

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 investment support business ¥4,495.33 million (YoY +66.0%), Real estate management business ¥239.67 million (YoY -2.8%)
Segment profitReal estate investment support business ¥190.97 million, Real estate management business ¥61.38 million (YoY +5.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥37,000 million (YoY +12.4%)
Operating profit¥6,300 million (YoY +11.9%)
Ordinary income¥5,800 million (YoY +12.3%)
Net income¥3,800 million (YoY +6.0%)
Annual Dividend Forecast¥42.5 → ¥45
Factors Behind Changes in Business Performance

Demand for investment-oriented residences, particularly in Tokyo's three Jonan wards, remained strong, and the Company sold three real estate products and one construction product. It promoted the development of the newly built single-building RC condominium project GranDuo and the luxury rental residence THE GRANDUO, while working to strengthen its product offering.

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 0 companies (no company names provided) / Excluded 0 companies (no company names provided)
Material subsequent eventsThe Board of Directors resolved to acquire treasury shares. The Company will conduct off-auction purchases from 17 August to 13 November 2026, with an upper limit of 160,000 common shares and an aggregate purchase price of ¥100 million.
Depreciation and amortization¥15,258 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End29,880,000 shares
Treasury Shares at Period-End237,693 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥4,735 million (YoY +60.2%)
Operating profit¥252 million
Ordinary income¥117 million
Profit attributable to owners of the parent¥64 million
Net income per share¥2.16
Equity ratioEnd of the current fiscal period 29.4 / End of previous period 35.8
Total assets¥38,009 million
Net assets¥11,191 million
Full-year earnings forecastNet Sales ¥37,000 million (YoY +12.4%) / Operating profit ¥6,300 million (YoY +11.9%) / Ordinary income ¥5,800 million (YoY +12.3%) / Net income ¥3,800 million (YoY +6.0%)
Annual Dividend Forecast¥42.5 → ¥45
Segment revenueReal estate investment support business ¥4,495.33 million (YoY +66.0%), Real estate management business ¥239.67 million (YoY -2.8%)
Segment profitReal estate investment support business ¥190.97 million, Real estate management business ¥61.38 million (YoY +5.7%)
Depreciation and amortization¥15,258 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies (no company names provided) / Excluded 0 companies (no company names provided)
Material subsequent eventsThe Board of Directors resolved to acquire treasury shares. The Company will conduct off-auction purchases from 17 August to 13 November 2026, with an upper limit of 160,000 common shares and an aggregate purchase price of ¥100 million.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End29,880,000 shares
Treasury Shares at Period-End237,693 shares
Factors Behind Changes in Business PerformanceDemand for investment-oriented residences, particularly in Tokyo's three Jonan wards, remained strong, and the Company sold three real estate products and one construction product. It promoted the development of the newly built single-building RC condominium project GranDuo and the luxury rental residence THE GRANDUO, while working to strengthen its product offering.
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 salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (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.

Demand for investment-oriented residences, particularly in Tokyo's three Jonan wards, remained strong. The Company sold three real estate products and one construction product and worked to strengthen its product offering. The core business is significantly affected by the timing of property completions, and completion and handover are expected to be concentrated in the fourth quarter of the fiscal year.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori