Worth reading
74In 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
23
Year-on-year change in operating profit (%)Wording
Definitive
How definitive the wording is.Contents of this document
Financial Results PresentationFiscal year ending July 2026 (21st fiscal year)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,617 Millions of yen+14.5%
Operating profit1,899 Millions of yen+23.0%
Ordinary income2,132 Millions of yen+21.9%
Net income1,436 Millions of yen+22.7%
Operating profit margin52.5%; year-on-year change in percentage points: Not disclosed
Full-year earnings forecast
Fiscal year ending July 2027
Operating revenue
4,000 Millions of yen
Operating profit
2,100 Millions of yen
Ordinary income
2,324 Millions of yen
Net income for the current fiscal year
1,520 Millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Operating revenue103.4%
Operating profit105.5%
Ordinary income106.6%
Net income for the current fiscal year109.8%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded the full-year earnings forecast at every profit levelAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Prepared based on projected growth in subscription-based revenue, which accounts for approximately 70% of revenue
- Continued growth in the core property listing and advisory services
- Expansion of tie-up video advertising distribution channels into new industries
- Increase in personnel expenses due to increased hiring and in Rakumachi Premium content production costs
- Continued AI-related investment
New initiatives
- Launched an AI rent simulation for members in August 2026
- Launched a beta version of an AI feature for automatically reading sales floor plans for real estate companies on 14 September 2026
- Began listing financial investment seminars in August 2026
- Expanded tie-up video advertising
- Continued AI-related investment
Key KPIsA metric the company considers important as a management benchmark.
- Property listing service revenue1,803 Millions of yenYear on year against the same period last year+10.3%
- Number of member stores on the property listing service5,921 storesYear on year against the same period last year+12.6%
- Membership507 thousand customersYear on year against the same period last year+10.0%
- YouTube Rakumachi channel subscribers1,662 thousand customersYear on year against the same period last year+34.5%
Market Size / Share
- 5,921 affiliated stores; approximately 130,000 licensed real estate businesses
- Approximately 500,000 members; approximately 3.2 million taxpayers filing real estate income returns
Annual Dividend
Fiscal year ending July 2026
¥13 per share
Forecast for the fiscal year ending July 2027
¥16 per share
Payout ratio
Fiscal year ending July 202620 %
Forecast for the fiscal year ending July 202719.9 %
Acquisition of treasury shares
Actual results for the fiscal year ended July 2026
- 7 Hundreds of millions of yenPeriod16 September 2025 to 3 October 2025Number of Shares500,000
- 2.3 Hundreds of millions of yenPeriod16 March 2026 to 17 April 2026Number of Shares250,000
- 4.9 Hundreds of millions of yenPeriod26 May 2026 to 8 July 2026Number of Shares478,000
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Fiscal year ending July 2026 (21st fiscal year) |
| Net Sales | 3,617 Millions of yen (YoY +14.5%) |
| Operating profit | 1,899 Millions of yen (YoY +23.0%) |
| Ordinary income | 2,132 Millions of yen (YoY +21.9%) |
| Net income | 1,436 Millions of yen (YoY +22.7%) |
| Operating profit margin | 52.5%; year-on-year change in percentage points: Not disclosed |
| Full-year earnings forecast | Fiscal year ending July 2027 Operating revenue 4,000 Millions of yen / Operating profit 2,100 Millions of yen / Ordinary income 2,324 Millions of yen / Net income for the current fiscal year 1,520 Millions of yen |
| Progress against full-year forecast | Operating revenue 103.4% / Operating profit 105.5% / Ordinary income 106.6% / Net income for the current fiscal year 109.8% |
| Self-assessment against the plan | Exceeded the full-year earnings forecast at every profit level |
| Key KPIs | Indicator name Property listing service revenue / Value 1,803 Millions of yen / Year on year against the same period last year +10.3%, Indicator name Number of member stores on the property listing service / Value 5,921 stores / Year on year against the same period last year +12.6%, Indicator name Membership / Value 507 thousand customers / Year on year against the same period last year +10.0%, Indicator name YouTube Rakumachi channel subscribers / Value 1,662 thousand customers / Year on year against the same period last year +34.5% |
| Assumptions Underlying the Business Outlook | Prepared based on projected growth in subscription-based revenue, which accounts for approximately 70% of revenue, Continued growth in the core property listing and advisory services, Expansion of tie-up video advertising distribution channels into new industries, Increase in personnel expenses due to increased hiring and in Rakumachi Premium content production costs, Continued AI-related investment |
| Annual Dividend | Fiscal year ending July 2026 ¥13 per share / Forecast for the fiscal year ending July 2027 ¥16 per share |
| Payout ratio | Fiscal year ending July 2026 20 % / Forecast for the fiscal year ending July 2027 19.9 % |
| Acquisition of treasury shares | Actual results for the fiscal year ended July 2026 Period 16 September 2025 to 3 October 2025 / Number of Shares 500,000 Hundreds of millions of yen / Amount 7 Hundreds of millions of yen, Period 16 March 2026 to 17 April 2026 / Number of Shares 250,000 Hundreds of millions of yen / Amount 2.3 Hundreds of millions of yen, Period 26 May 2026 to 8 July 2026 / Number of Shares 478,000 Hundreds of millions of yen / Amount 4.9 Hundreds of millions of yen |
| Market Size / Share | 5,921 affiliated stores; approximately 130,000 licensed real estate businesses, Approximately 500,000 members; approximately 3.2 million taxpayers filing real estate income returns |
| New initiatives | Launched an AI rent simulation for members in August 2026, Launched a beta version of an AI feature for automatically reading sales floor plans for real estate companies on 14 September 2026, Began listing financial investment seminars in August 2026, Expanded tie-up video advertising, Continued AI-related investment |
Items this document does not state (14)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsCapital expendituresOrders received and order backlogKey points of the Q&A
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 expansion of the core property listing and advisory services, growth in revenue from tie-up video advertising, and increases in the number of members and YouTube channel subscribers contributed to performance. For the fiscal year ending July 2027, the company expects tie-up video advertising to expand into new industries, while also anticipating higher personnel expenses due to increased hiring, higher Rakumachi Premium content production costs, and increased AI-related investment.
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.