Results for this period
Interim period (second quarter)1 April 2026 to 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 thousand yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The decrease in handovers of condominium units held in inventory, lower sales from contract construction, and the burden of initial costs incurred upon acquisition resulted in lower revenue and profit, while the handover of large, highly profitable properties, a shift in sales toward products with wider profit margins, and efforts to reduce expenses resulted in higher profit.
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| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥10,591 million (YoY -20.6%) |
| Operating profit | ¥1,636 million (YoY -7.7%) |
| Ordinary income | ¥1,628 million (YoY -14.0%) |
| Profit attributable to owners of the parent | ¥1,027 million (YoY -17.2%) |
| Net income per share | ¥148.08 |
| Equity ratio | End of the current fiscal period 65.9 / End of previous period 66.7 |
| Total assets | ¥44,661 million |
| Net assets | ¥29,773 million |
| Cash flows from operating activities | -171,088 thousand yen |
| Cash flows from investing activities | -14,207 thousand yen |
| Cash flows from financing activities | -416,190 thousand yen |
| Cash and cash equivalents at end of period | 1,748,038 thousand yen |
| Full-year earnings forecast | Net Sales ¥30,000 million (YoY +3.0%) / Operating profit ¥4,300 million (YoY +10.2%) / Ordinary income ¥4,300 million (YoY +3.2%) / Net income ¥2,800 million (YoY +5.2%) |
| Annual Dividend Forecast | 85 yen → 90 yen |
| Segment revenue | Residence Business ¥182 million (YoY -36.5%), Real estate development business ¥7,810 million (YoY -11.4%), Leasing and management business ¥1,052 million (YoY +6.9%), Construction Business ¥1,140 million (YoY -60.0%), Materials Business ¥384 million (YoY -0.3%) |
| Segment profit | Residence Business ¥-82 million, Real estate development business ¥1,902 million (YoY +31.8%), Leasing and management business ¥138 million (YoY -69.4%), Construction Business ¥12 million (YoY -95.9%), Materials Business ¥6 million (YoY +15.8%) |
| Depreciation and amortization | 28,412 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of fixed assets 22 thousand yen |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | None |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 8,030,248 shares |
| Treasury Shares at Period-End | 1,083,415 shares |
| Factors Behind Changes in Business Performance | The decrease in handovers of condominium units held in inventory, lower sales from contract construction, and the burden of initial costs incurred upon acquisition resulted in lower revenue and profit, while the handover of large, highly profitable properties, a shift in sales toward products with wider profit margins, and efforts to reduce expenses resulted in higher profit. |
Items this document does not state (7)
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 decrease in handovers of condominium units held in inventory, lower sales from contract construction, and the burden of initial costs incurred upon acquisition were factors behind the decline in profit. On the other hand, the handover of large, highly profitable properties, a shift in sales toward products with wider profit margins, and efforts to reduce expenses contributed to higher profit.