Worth reading
56In 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
15
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 December 2025 to 31 August 2026ConsolidatedJapanese GAAPNet Sales37,566¥ millionYear on year +4.1%Progress 64.8%
Operating profit1,775¥ millionYear on year +15.0%Progress 71.0%
Ordinary income1,395¥ millionYear on year +9.5%Progress 66.4%
Net income attributable to owners of the parent823¥ millionYear on year +5.5%Progress 63.3%
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¥66.17
Financial position at period-end
Total assets46,523¥ million
of which net assets 8,941 ¥ millionEquity ratio 19.2%vs. prior year-end -0.1pt
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 revenueKAITRY business ¥37,566 million (YoY +4.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥58,000 million (YoY +13.9%)
Operating profit¥2,500 million (YoY +22.4%)
Ordinary income¥2,100 million (YoY +24.6%)
Net income¥1,300 million (YoY +20.1%)
Annual Dividend Forecast¥25 → ¥32（+28.0%）
Factors Behind Changes in Business Performance
The company focused on selectively sourcing products that meet customer needs, handling high-end condominiums, strengthening land procurement, developing and launching new products, and holding events to increase contact points with customers.
Disclosure regarding the going concern assumption
Not applicable.
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 Number of companies 1 / Company name 株式会社ファーヴァル / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income None recorded for the current period / Extraordinary loss Loss on Disposal of Fixed Assets ¥25,835 thousand
Depreciation and amortization¥67,408 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not disclosed)
Issued Shares at Period-End12,476,853 shares
Treasury Shares at Period-End0 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025 to 31 August 2026 |
| Net Sales | ¥37,566 million (YoY +4.1%) |
| Operating profit | ¥1,775 million (YoY +15.0%) |
| Ordinary income | ¥1,395 million (YoY +9.5%) |
| Profit attributable to owners of the parent | ¥823 million (YoY +5.5%) |
| Net income per share | ¥66.17 |
| Equity ratio | End of the current fiscal period 19.2 / End of previous period 19.3 |
| Total assets | ¥46,523 million |
| Net assets | ¥8,941 million |
| Full-year earnings forecast | Net Sales ¥58,000 million (YoY +13.9%) / Operating profit ¥2,500 million (YoY +22.4%) / Ordinary income ¥2,100 million (YoY +24.6%) / Net income ¥1,300 million (YoY +20.1%) |
| Annual Dividend Forecast | ¥25 → ¥32（+28.0%） |
| Segment revenue | KAITRY business ¥37,566 million (YoY +4.1%) |
| Depreciation and amortization | ¥67,408 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income None recorded for the current period / Extraordinary loss Loss on Disposal of Fixed Assets ¥25,835 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 |
| Changes in the scope of consolidation | New Number of companies 1 / Company name 株式会社ファーヴァル / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 12,476,853 shares |
| Treasury Shares at Period-End | 0 shares |
| Factors Behind Changes in Business Performance | The company focused on selectively sourcing products that meet customer needs, handling high-end condominiums, strengthening land procurement, developing and launching new products, and holding events to increase contact points with customers. |
Items this document does not state (13)
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 PolicySegment profitRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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 said it focused on selectively sourcing products that meet customer needs, handling high-end condominiums, strengthening land procurement, developing and launching new products, and holding events to increase contact points with customers.
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.