Results for this period
Interim period (second quarter)1 October 2025–31 March 2026Non-consolidated (standalone)Japanese 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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The company proceeded cautiously with the acquisition of new rental properties, focused on maintaining and improving occupancy rates at properties it owns, subleased properties, properties under management contracts and existing securitisation-service properties, and worked to secure stable earnings.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | ¥787 million (YoY +1.7%) |
| Operating profit | ¥181 million (YoY +12.2%) |
| Ordinary income | ¥73 million (YoY +7.9%) |
| Profit attributable to owners of the parent | ¥49 million (YoY +6.1%) |
| Net income per share | ¥6.31 |
| Equity ratio | End of the current fiscal period 23.8 / End of previous period 25.3 |
| Total assets | ¥19,951 million |
| Net assets | ¥4,761 million |
| Cash flows from operating activities | ¥-32,809 thousand |
| Cash flows from investing activities | ¥-1,234,561 thousand |
| Cash flows from financing activities | ¥1,285,217 thousand |
| Cash and cash equivalents at end of period | ¥1,819,458 thousand |
| Full-year earnings forecast | Net Sales ¥2,600 million (YoY -20.1%) / Operating profit ¥630 million (YoY -27.9%) / Ordinary income ¥400 million (YoY -39.9%) / Net income ¥240 million (YoY -47.7%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥6 → ¥6.4 |
| Depreciation and amortization | ¥111,584 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | At a meeting of the Board of Directors held on 12 May 2026, the company resolved to reclassify some fixed assets as real estate held for sale. The reclassification covers 4 properties held and leased as fixed assets, and the transfer value is expected to be their carrying value. The impact on results for the fiscal year ending September 2027 is currently under review. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 8,011,000 shares |
| Treasury Shares at Period-End | 173,520 shares |
| Factors Behind Changes in Business Performance | The company proceeded cautiously with the acquisition of new rental properties, focused on maintaining and improving occupancy rates at properties it owns, subleased properties, properties under management contracts and existing securitisation-service properties, and worked to secure stable earnings. |
Items this document does not state (10)
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.While proceeding cautiously with the acquisition of new rental properties, the company focused on maintaining and improving occupancy rates at properties it owns, subleased properties, properties under management contracts and existing securitisation-service properties, and worked to secure stable rental income and earnings. Regarding the external environment, the company cited solid personal consumption and inbound demand, while also noting tariff policies, the situation in the Middle East, energy prices, logistics, construction costs, labour shortages and long-term interest rates.