Komori
Earnings8107KIMURATAN CORPORATIONReal Estate

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first quarter, net sales decreased 16.5% year on year to ¥395 million, while operating profit improved 25.8% to ¥7 million. However, ordinary loss and net loss widened from the same period of the previous year due to higher interest expenses.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-78
Millions of yen
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales395Millions of yenYear on year -16.5%Progress 13.4%
Operating profit7Millions of yenYear on year +25.8%Progress 2.7%
Ordinary income-36Millions of yen
Net income attributable to owners of the parent-40Millions of yen

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−¥0.15
Financial position at period-end
Total assets9,825Millions of yen
of which net assets 1,605 Millions of yenEquity ratio 16.3%vs. prior year-end -0.4pt

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 revenueReal Estate Business 338 Millions of yen (YoY -13.6%), Apparel Business 47 Millions of yen (YoY -35.9%), Wearables business 9 Millions of yen (YoY +19.4%)
Segment profitReal Estate Business 25 Millions of yen (YoY -8.5%), Apparel Business -15 Millions of yen, Wearables business -2 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales2,950 Millions of yen (YoY +16.5%)
Operating profit260 Millions of yen (YoY +184.9%)
Ordinary income100 Millions of yen
Net income25 Millions of yen
Annual Dividend Forecast¥0 → ¥0(0.0%)
Factors Behind Changes in Business Performance

Net sales decreased due to store closures and brand consolidation in the apparel business, as well as a reaction to the substantial growth in real estate sales in the previous fiscal year. Operating profit increased due to an improved gross profit margin in the real estate business and lower selling, general and administrative expenses resulting from structural reforms, including store closures and brand discontinuations in the apparel business. Ordinary loss widened due to higher interest expenses on borrowings.

Disclosure regarding the going concern assumption

No applicable matters

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 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)No extraordinary income or extraordinary losses were recorded
Depreciation and amortization49 Millions of yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End275,393,910
Treasury Shares at Period-End39,850
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales395 Millions of yen (YoY -16.5%)
Operating profit7 Millions of yen (YoY +25.8%)
Ordinary income-36 Millions of yen
Profit attributable to owners of the parent-40 Millions of yen
Net income per share−¥0.15
Equity ratioEnd of the current fiscal period 16.3 / End of previous period 16.7
Total assets9,825 Millions of yen
Net assets1,605 Millions of yen
Full-year earnings forecastNet Sales 2,950 Millions of yen (YoY +16.5%) / Operating profit 260 Millions of yen (YoY +184.9%) / Ordinary income 100 Millions of yen / Net income 25 Millions of yen
Annual Dividend Forecast¥0 → ¥0(0.0%)
Segment revenueReal Estate Business 338 Millions of yen (YoY -13.6%), Apparel Business 47 Millions of yen (YoY -35.9%), Wearables business 9 Millions of yen (YoY +19.4%)
Segment profitReal Estate Business 25 Millions of yen (YoY -8.5%), Apparel Business -15 Millions of yen, Wearables business -2 Millions of yen
Depreciation and amortization49 Millions of yen
Breakdown of extraordinary income (loss)No extraordinary income or extraordinary losses were recorded
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End275,393,910
Treasury Shares at Period-End39,850
Factors Behind Changes in Business PerformanceNet sales decreased due to store closures and brand consolidation in the apparel business, as well as a reaction to the substantial growth in real estate sales in the previous fiscal year. Operating profit increased due to an improved gross profit margin in the real estate business and lower selling, general and administrative expenses resulting from structural reforms, including store closures and brand discontinuations in the apparel business. Ordinary loss widened due to higher interest expenses on borrowings.
Items this document does not state (12)
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 PolicyRegional 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 decrease in net sales was mainly due to store closures and brand consolidation in the apparel business, as well as a reaction to the substantial growth in real estate sales in the previous fiscal year. Operating profit benefited from an improved gross profit margin in the real estate business and lower selling, general and administrative expenses resulting from store closures and brand discontinuations in the apparel business. Meanwhile, ordinary loss and net loss worsened due to higher interest expenses on borrowings and other factors.

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Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | KIMURATAN CORPORATION (8107) timely disclosure | Komori