Results for this period
Interim period (second quarter)1 April 2026–30 September 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 Thousands of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The timing of property completions in the core business has a significant impact, with completion and handover deliveries scheduled to be concentrated in the second half of the fiscal year. Rising construction material costs, higher labor costs and policy rate hikes are also affecting the earnings structure.
No applicable items
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 6,106 Millions of yen (YoY -29.2%) |
| Operating profit | -381 Millions of yen |
| Ordinary income | -622 Millions of yen |
| Profit attributable to owners of the parent | -452 Millions of yen |
| Net income per share | -¥15.27 |
| Equity ratio | End of the current fiscal period 27.5 / End of previous period 35.8 |
| Total assets | 38,515 Millions of yen |
| Net assets | 10,585 Millions of yen |
| Cash flows from operating activities | -12,229,818 Thousands of yen |
| Cash flows from investing activities | -77,666 Thousands of yen |
| Cash flows from financing activities | 6,127,008 Thousands of yen |
| Cash and cash equivalents at end of period | 2,959,937 Thousands of yen |
| Full-year earnings forecast | Net Sales 37,000 Millions of yen (YoY +12.4%) / Operating profit 6,300 Millions of yen (YoY +11.9%) / Ordinary income 5,800 Millions of yen (YoY +12.3%) / Net income 3,800 Millions of yen (YoY +6.0%) |
| Annual Dividend Forecast | 42.5 Yen → 45 Yen |
| Segment revenue | Real estate investment support business 5,615,213 Thousands of yen (YoY -31.2%), Real estate management business 491,086 Thousands of yen (YoY +7.2%) |
| Segment profit | Real estate investment support business -518,702 Thousands of yen, Real estate management business 137,292 Thousands of yen (YoY +58.9%) |
| Depreciation and amortization | 30,901 Thousands of yen |
| Breakdown of extraordinary income (loss) | No extraordinary losses or gains were recognized in the interim period. Total extraordinary losses: — |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | Whether applicable None / New Not disclosed / Excluded Not disclosed |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Held (for institutional investors and analysts) |
| Issued Shares at Period-End | 29,880,000 shares |
| Treasury Shares at Period-End | 341,426 shares |
| Factors Behind Changes in Business Performance | The timing of property completions in the core business has a significant impact, with completion and handover deliveries scheduled to be concentrated in the second half of the fiscal year. Rising construction material costs, higher labor costs and policy rate hikes are also affecting the earnings structure. |
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.The company explains that the timing of property completions in its core business has a significant impact on performance, with completion and handover deliveries scheduled to be concentrated in the second half of the fiscal year. It also says that higher construction material costs, rising labor costs due to labor shortages and policy rate hikes are affecting its earnings structure.