Worth reading
62In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
47.3
%Wording
Conditional
How definitive the wording is.Results for this period
Full year1 October 2025–30 September 2026Non-consolidated (standalone)Japanese GAAPNet Sales10,877¥ millionYear on year +11.1%Progress 80.6%
Operating profit1,536¥ millionYear on year +47.3%Progress 71.1%
Ordinary income1,139¥ millionYear on year +37.8%Progress 78.0%
Net income attributable to owners of the parent741¥ millionYear on year +32.6%Progress 74.1%
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¥123.46
Operating Margin14.1
Financial position at period-end
Total assets29,462¥ million
of which net assets 6,739 ¥ millionEquity ratio 22.4%vs. prior year-end +6.9pt
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.
Cash inflows and outflows
Operating+2,968
Investment-8,244
Financials+6,858
Net change+1,582
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥2,528 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥13,500 million (YoY +24.1%)
Operating profit¥2,160 million (YoY +40.6%)
Ordinary income¥1,460 million (YoY +28.1%)
Net income¥1,000 million (YoY +34.9%)
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance
Maintaining high occupancy rates at existing operating properties, building recurring revenue, an increase in highly profitable properties held, the sale of 2 properties for sale, and the acquisition of 10 new properties.
Disclosure regarding the going concern assumption
None.
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
Material subsequent eventsIn addition to entering into a real estate sale and purchase agreement for the acquisition of properties for the Company's own holdings, the Company resolved to issue the Ninth and Tenth Stock Acquisition Rights. Delivery of the land and building in Sendagaya 2-chome is scheduled for January 2027, and the acquisition has been incorporated into the earnings forecast for the fiscal year ending September 2027.
Impairment loss44,581 Thousands of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 256 Thousands of yen, Gain on reversal of subscription rights to shares 507 Thousands of yen / Extraordinary loss Impairment loss 44,581 Thousands of yen, Loss on disposal of non-current assets 39,948 Thousands of yen
Depreciation and amortization480,466 Thousands of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld (対象者：Not disclosed)
Issued Shares at Period-End6,500,150 shares
Treasury Shares at Period-End8,338 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 October 2025–30 September 2026 |
| Net Sales | ¥10,877 million (YoY +11.1%) |
| Operating profit | ¥1,536 million (YoY +47.3%) |
| Ordinary income | ¥1,139 million (YoY +37.8%) |
| Profit attributable to owners of the parent | ¥741 million (YoY +32.6%) |
| Net income per share | ¥123.46 |
| Operating Margin | 14.1 |
| Equity ratio | End of the current fiscal period 22.4 / End of previous period 15.5 |
| Total assets | ¥29,462 million |
| Net assets | ¥6,739 million |
| Cash flows from operating activities | ¥2,968 million |
| Cash flows from investing activities | ¥-8,244 million |
| Cash flows from financing activities | ¥6,858 million |
| Cash and cash equivalents at end of period | ¥2,528 million |
| Full-year earnings forecast | Net Sales ¥13,500 million (YoY +24.1%) / Operating profit ¥2,160 million (YoY +40.6%) / Ordinary income ¥1,460 million (YoY +28.1%) / Net income ¥1,000 million (YoY +34.9%) |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Depreciation and amortization | 480,466 Thousands of yen |
| Impairment loss | 44,581 Thousands of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 256 Thousands of yen, Gain on reversal of subscription rights to shares 507 Thousands of yen / Extraordinary loss Impairment loss 44,581 Thousands of yen, Loss on disposal of non-current assets 39,948 Thousands of 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 |
| Material subsequent events | In addition to entering into a real estate sale and purchase agreement for the acquisition of properties for the Company's own holdings, the Company resolved to issue the Ninth and Tenth Stock Acquisition Rights. Delivery of the land and building in Sendagaya 2-chome is scheduled for January 2027, and the acquisition has been incorporated into the earnings forecast for the fiscal year ending September 2027. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 6,500,150 shares |
| Treasury Shares at Period-End | 8,338 shares |
| Factors Behind Changes in Business Performance | Maintaining high occupancy rates at existing operating properties, building recurring revenue, an increase in highly profitable properties held, the sale of 2 properties for sale, and the acquisition of 10 new properties. |
Items this document does not state (8)
Revision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogChanges in the scope of consolidation
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.Maintaining high occupancy rates at existing operating properties and building recurring revenue, increasing the number of highly profitable properties held, completing the sale of 2 planned properties for sale, and making upfront investments after acquiring 10 new properties.
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.