Results Briefing Materials for the First Quarter of the Fiscal Year Ending March 2027 | Mortgage Service Japan Limited (7192) timely disclosure

Worth reading

61In 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

12.3

% (year-on-year increase in operating revenue)

Wording

Conditional

How definitive the wording is.

Contents of this document

Earnings presentationFirst quarter of the fiscal year ending March 202710 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales2,072 million yen+12.3%

Operating profit456 million yen+34.4%

Ordinary income457 million yen+34.6%

Net income291 million yen +25.7%net income attributable to owners of the parent

Operating profit margin22 %

Results for the three months of the current quarter

KPI

Number of Flat 35 loans
Year on year against the same period last year+25.2%
Number of insurance certificates and other documents issued
Year on year against the same period last year+6.1%
Number of Housing Academeia business transactions
Year on year against the same period last year-0.2%
Loan volume
Year on year against the same period last year+30.0%
Platform-related metrics
Year on year1.5
Average unit price in the Housing Academeia business
Year on year against the same period last year+10.8%

Full-year earnings forecast

Operating revenue

8,200 million yen

Operating profit

1,340 million yen

Ordinary income

1,346 million yen

Net income for the current fiscal year

910 million yen

Housing Finance Business operating revenue

3,800 million yen

Housing Defect Insurance and Related Services Business operating revenue

3,501 million yen

Housing AcadeMeia Business operating revenue

897 million yen

Housing Finance Business operating profit

800 million yen

Housing Defect Insurance and Related Services Business operating profit

339 million yen

Housing AcadeMeia Business operating profit

200 million yen

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Tracking steadily against the forecast

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Increase in operating revenue226 million yen
Increase in operating profit117 million yen
Increase in operating revenue from the Housing Finance business163 million yen
Increase in operating profit from the Housing Finance business57 million yen
Increase in operating profit from the Home Defect Insurance and Related Services business26 million yen
Increase in operating profit from the Housing Academeia business32 million yen
Increase in operating costs, including funding costs, due to higher interest rates
Year on year against the same period last year+46.8%

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

above 2.4%
Assumptions10-year Japanese government bond yield
Higher
AssumptionsMortgage Interest Rates

New initiatives

Development of a DX-based building permit application system aimed at providing a one-stop service for building permit applications and defect insurance
Development of a materials-and-labor separation procurement, settlement and financing platform using BIM and BaaS
Concept for a consumer-to-consumer matching platform for existing homes
Accelerating alliances through corporate partnerships and joint participation with nonprofit organizations
Expanding the dissemination of IR-related information

Key KPIsA metric the company considers important as a management benchmark.

Number of Flat 35 loans
Year on year against the same period last year+25.2%
Number of insurance certificates and other documents issued
Year on year against the same period last year+6.1%
Number of Housing Academeia business transactions
Year on year against the same period last year-0.2%
Loan volume
Year on year against the same period last year+30.0%
Platform-related metrics
Year on year1.5
Average unit price in the Housing Academeia business
Year on year against the same period last year+10.8%

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Indicators are provided for the number and value of loans executed (loan volume), as well as the number of Housing Academeia business transactions and the shift toward higher unit prices, but the absolute values are Not disclosed

Segment results

Residential Mortgage Finance
Operating revenue1,011 million yen
Operating revenue_yoy_pct19.3
Operating profit290 million yen
Operating profit_yoy_pct24.6
Housing Defect Insurance and Related Business
Operating revenue837 million yen
Operating revenue_yoy_pct0.1
Operating profit106 million yen
Operating profit_yoy_pct33.8
Housing Academeia Business
Operating revenue224 million yen
Operating revenue_yoy_pct38
Operating profit59 million yen
Operating profit_yoy_pct122.5

Market Size / Share

Mortgage market size¥22 trillion-scale market
Existing-home transactions6 more than ten thousand items

Annual Dividend

¥30 per share

Payout ratio

48.4 %

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	First quarter of the fiscal year ending March 2027
Net Sales	2,072 million yen (YoY +12.3%)
Operating profit	456 million yen (YoY +34.4%)
Ordinary income	457 million yen (YoY +34.6%)
Net income	291 million yen (net income attributable to owners of the parent) (YoY +25.7%)
Operating profit margin	22 %
Results for the three months of the current quarter	KPI Indicator Number of Flat 35 loans / value Not disclosed / Year on year against the same period last year 25.2 Engagements, Indicator Number of insurance certificates and other documents issued / value Not disclosed / Year on year against the same period last year 6.1 Engagements, Indicator Number of Housing Academeia business transactions / value Not disclosed / Year on year against the same period last year -0.2 Engagements, Indicator Loan volume / value Not disclosed / Year on year against the same period last year 30 Unknown, Indicator Platform-related metrics / value Not disclosed / Year on year 1.5 Unknown, Indicator Average unit price in the Housing Academeia business / value Not disclosed / Year on year against the same period last year 10.8 Unknown
Full-year earnings forecast	Operating revenue 8,200 million yen / Operating profit 1,340 million yen / Ordinary income 1,346 million yen / Net income for the current fiscal year 910 million yen / Housing Finance Business operating revenue 3,800 million yen / Housing Defect Insurance and Related Services Business operating revenue 3,501 million yen / Housing AcadeMeia Business operating revenue 897 million yen / Housing Finance Business operating profit 800 million yen / Housing Defect Insurance and Related Services Business operating profit 339 million yen / Housing AcadeMeia Business operating profit 200 million yen
Self-assessment against the plan	Tracking steadily against the forecast
Segment results	Segment Residential Mortgage Finance / Operating revenue 1,011 million yen / Operating revenue_yoy_pct 19.3 / Operating profit 290 million yen / Operating profit_yoy_pct 24.6, Segment Housing Defect Insurance and Related Business / Operating revenue 837 million yen / Operating revenue_yoy_pct 0.1 / Operating profit 106 million yen / Operating profit_yoy_pct 33.8, Segment Housing Academeia Business / Operating revenue 224 million yen / Operating revenue_yoy_pct 38 / Operating profit 59 million yen / Operating profit_yoy_pct 122.5
Breakdown of Factors Affecting the Change	Factors Increase in operating revenue / Amount 226 million yen, Factors Increase in operating profit / Amount 117 million yen, Factors Increase in operating revenue from the Housing Finance business / Amount 163 million yen, Factors Increase in operating profit from the Housing Finance business / Amount 57 million yen, Factors Increase in operating profit from the Home Defect Insurance and Related Services business / Amount 26 million yen, Factors Increase in operating profit from the Housing Academeia business / Amount 32 million yen, Factors Increase in operating costs, including funding costs, due to higher interest rates / Year on year against the same period last year 46.8 %
Key KPIs	Indicator Number of Flat 35 loans / value Not disclosed / Year on year against the same period last year 25.2 Engagements, Indicator Number of insurance certificates and other documents issued / value Not disclosed / Year on year against the same period last year 6.1 Engagements, Indicator Number of Housing Academeia business transactions / value Not disclosed / Year on year against the same period last year -0.2 Engagements, Indicator Loan volume / value Not disclosed / Year on year against the same period last year 30 Unknown, Indicator Platform-related metrics / value Not disclosed / Year on year 1.5 Unknown, Indicator Average unit price in the Housing Academeia business / value Not disclosed / Year on year against the same period last year 10.8 Unknown
Unit price and quantity metrics	Indicators are provided for the number and value of loans executed (loan volume), as well as the number of Housing Academeia business transactions and the shift toward higher unit prices, but the absolute values are Not disclosed
Assumptions Underlying the Business Outlook	above 2.4%, Higher
Annual Dividend	¥30 per share
Payout ratio	48.4 %
Market Size / Share	¥22 trillion-scale market, 6 more than ten thousand items
New initiatives	Development of a DX-based building permit application system aimed at providing a one-stop service for building permit applications and defect insurance, Development of a materials-and-labor separation procurement, settlement and financing platform using BIM and BaaS, Concept for a consumer-to-consumer matching platform for existing homes, Accelerating alliances through corporate partnerships and joint participation with nonprofit organizations, Expanding the dissemination of IR-related information

Items this document does not state (12)

Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital 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.

Demand for fixed-rate mortgages remained firm, resulting in increases in both the number and value of Flat 35 mortgage loans executed. Growth in revenue from loan fees due to rising home prices, expansion of services for existing homes, and group-wide product diversification and cross-selling also contributed. Meanwhile, operating costs, including funding costs, increased as interest rates rose.

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.