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 cited the accumulation of recurring income by maintaining high occupancy rates at existing properties under management; the significant contribution from transactional income generated by the sale of properties held for sale; and favorable business conditions, including startup demand and rising rents in the Shibuya area and conditions conducive to the redevelopment of aging buildings.
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 | ¥5,673 million (YoY -11.2%) |
| Operating profit | ¥1,043 million (YoY +33.4%) |
| Ordinary income | ¥874 million (YoY +26.3%) |
| Profit attributable to owners of the parent | ¥593 million (YoY +24.4%) |
| Net income per share | ¥103.20 |
| Equity ratio | End of the current fiscal period 15.8 / End of previous period 15.5 |
| Total assets | ¥25,242 million |
| Net assets | ¥4,063 million |
| Cash flows from operating activities | ¥1,661,873 thousand |
| Cash flows from investing activities | ¥-5,547,984 thousand |
| Cash flows from financing activities | ¥3,490,455 thousand |
| Cash and cash equivalents at end of period | ¥551,492 thousand |
| Full-year earnings forecast | Net Sales ¥10,500 million (YoY +7.2%) / Operating profit ¥1,470 million (YoY +40.9%) / Ordinary income ¥1,117 million (YoY +35.1%) / Net income ¥725 million (YoY +29.6%) |
| Revision to Earnings Forecast | Net Sales No revision / Operating profit No revision / Ordinary income No revision / Net income No revision |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Depreciation and amortization | ¥212,714 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 | On 6 April 2026, the company resolved to acquire fixed assets and entered into a purchase and sale agreement. Through a joint investment with HistoRy LLC, the company plans to acquire a 15% co-ownership interest in the trust beneficiary rights to land and a building in Ginza, Chuo-ku, Tokyo. Delivery is scheduled for early July 2026. The acquisition is expected to contribute to results from the next fiscal year onward, while its impact on the current fiscal year is expected to be immaterial. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (a quarterly earnings presentation video is scheduled to be posted on the company's website) |
| Issued Shares at Period-End | 5,789,150 Shares |
| Treasury Shares at Period-End | 6,288 Shares |
| Factors Behind Changes in Business Performance | The company cited the accumulation of recurring income by maintaining high occupancy rates at existing properties under management; the significant contribution from transactional income generated by the sale of properties held for sale; and favorable business conditions, including startup demand and rising rents in the Shibuya area and conditions conducive to the redevelopment of aging buildings. |
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.The company cited the accumulation of stable, recurring income by maintaining high occupancy rates at existing properties under management; the significant contribution from transactional income following the smooth sale of properties held for sale in the first quarter; and favorable business conditions, including demand and rising rents in the Shibuya area and conditions conducive to the redevelopment of aging buildings.