Worth reading
63In focus
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
101.1
% (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending February 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥4,426 million+101.1%
Operating profit¥530 million+175.7%
Ordinary income¥414 million+272.9%
Net income¥284 million+352.6%
Operating profit margin12 %
Results for the three months of the current quarterFirst-quarter results: sales of ¥4,426 million, operating profit of ¥530 million, ordinary profit of ¥414 million and net income of ¥284 million
Full-year earnings forecast
Net Sales
¥15,500 million
Operating profit
¥1,250 million
Ordinary income
¥850 million
Net income for the current fiscal year
¥530 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales28.6%
Operating profit42.5%
Ordinary income48.8%
Net income for the current fiscal year53.6%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Completion of the sale of property held for sale carried over from the previous fiscal year
- Decline in rental income from entire income-producing buildings in the real estate leasing business
- Contribution from 富士ホーム and an increase in the number of properties under management
The company identifies the factors but does not state the amount attributable to each one.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The sale of a large property is reflected in the earnings forecastNew initiatives
- Launch of a new medium-term management plan
- Opening the Joto branch office in September and expanding the workforce
- Strengthening business alliances and M&A
- Launch of income-producing property sales at 富士ホーム
- Diversification of product types and handling of small and medium-sized properties
Key KPIsA metric the company considers important as a management benchmark.
- Average sale price of an entire income-producing building¥13.2 hundred millionYear on year against the same period last yearUp from ¥510 million in the year-earlier period
- Number of properties handled for sale in the first quarter5 EngagementsYear on year against the same period last yearUp from 2 in the year-earlier period
- Balance of properties held for sale¥10,547 million
- Equity ratio24.3 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Includes the average sale price of entire income-producing buildings and the number of properties handled for sale in the first quarterSegment results
Real estate sales business
Net Sales
¥4,200 million+115.2%
Segment profit
¥564 million+177.2%
Real Estate Leasing Business
Net Sales
¥154 million-19.3%
Segment profit
¥7 million-78.2%
Property Management Business
Net Sales
¥71 million+24.5%
Segment profit
¥29 million+49.4%
Medium-term management plan targets
- TargetOperating profit of ¥1.8 billionTarget fiscal yearFiscal year ending February 2029
- TargetOperating profit of ¥3 billion and market capitalization of ¥10 billionTarget fiscal yearIn the near future
Number of stores and locations
The Joto branch office is scheduled to open in September. The number of stores and offices at period-end and the number of openings and closures are not disclosedNumber of employees
68 people
As ofAs of the end of February 2026, on a nonconsolidated basis and excluding employees seconded to other entities
Annual Dividend
¥30 per share
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending February 2027 |
| Net Sales | ¥4,426 million (YoY +101.1%) |
| Operating profit | ¥530 million (YoY +175.7%) |
| Ordinary income | ¥414 million (YoY +272.9%) |
| Net income | ¥284 million (YoY +352.6%) |
| Operating profit margin | 12 % |
| Results for the three months of the current quarter | First-quarter results: sales of ¥4,426 million, operating profit of ¥530 million, ordinary profit of ¥414 million and net income of ¥284 million |
| Full-year earnings forecast | Net Sales ¥15,500 million / Operating profit ¥1,250 million / Ordinary income ¥850 million / Net income for the current fiscal year ¥530 million |
| Progress against full-year forecast | Net Sales 28.6% / Operating profit 42.5% / Ordinary income 48.8% / Net income for the current fiscal year 53.6% |
| Segment results | Real estate sales business Net Sales ¥4,200 million (YoY +115.2%) / Segment profit ¥564 million (YoY +177.2%) / Real Estate Leasing Business Net Sales ¥154 million (YoY -19.3%) / Segment profit ¥7 million (YoY -78.2%) / Property Management Business Net Sales ¥71 million (YoY +24.5%) / Segment profit ¥29 million (YoY +49.4%) |
| Breakdown of Factors Affecting the Change | Factors Completion of the sale of property held for sale carried over from the previous fiscal year / Amount Not disclosed, Factors Decline in rental income from entire income-producing buildings in the real estate leasing business / Amount Not disclosed, Factors Contribution from 富士ホーム and an increase in the number of properties under management / Amount Not disclosed |
| Key KPIs | Indicator name Average sale price of an entire income-producing building / Value ¥13.2 hundred million / Year on year against the same period last year Up from ¥510 million in the year-earlier period, Indicator name Number of properties handled for sale in the first quarter / Value 5 Engagements / Year on year against the same period last year Up from 2 in the year-earlier period, Indicator name Balance of properties held for sale / Value ¥10,547 million / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 24.3 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Includes the average sale price of entire income-producing buildings and the number of properties handled for sale in the first quarter |
| Number of stores and locations | The Joto branch office is scheduled to open in September. The number of stores and offices at period-end and the number of openings and closures are not disclosed |
| Number of employees | 68 people |
| Assumptions Underlying the Business Outlook | The sale of a large property is reflected in the earnings forecast |
| Medium-term management plan targets | Target Operating profit of ¥1.8 billion / Target fiscal year Fiscal year ending February 2029, Target Operating profit of ¥3 billion and market capitalization of ¥10 billion / Target fiscal year In the near future |
| Annual Dividend | ¥30 per share |
| New initiatives | Launch of a new medium-term management plan, Opening the Joto branch office in September and expanding the workforce, Strengthening business alliances and M&A, Launch of income-producing property sales at 富士ホーム, Diversification of product types and handling of small and medium-sized properties |
Items this document does not state (11)
Gross Profit MarginSelling, general and administrative expensesSelf-assessment against the planRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 successfully completed the sale of a property strategically carried over from the previous fiscal year, completing the transaction for a carried-over property held for sale at a high profit in the first quarter. In the real estate leasing business, rental income from entire income-producing buildings declined as part of the strategy to diversify the properties handled.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.