Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In leasing, higher sales and business profit from offices in Japan and overseas, among other factors; in property sales, progress in deliveries of residential properties in Japan and faster asset turnover of properties for sale and fixed assets; in management, higher management fees due to increased sales in the car-sharing business and facility sales, among other factors; and in facility operations, higher ADRs and occupancy rates at hotels and resorts, revisions to usage fees at Tokyo Dome, and other factors.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥2,709,747 million (YoY +3.2%) |
| Operating profit | ¥397,788 million (YoY +6.7%) |
| Ordinary income | ¥313,319 million (YoY +7.9%) |
| Profit attributable to owners of the parent | ¥278,684 million (YoY +12.0%) |
| Net income per share | ¥101.04 |
| Operating Margin | 14.7％ |
| Equity ratio | End of the current fiscal period 32.4 / End of previous period 31.9 |
| Total assets | ¥10,103,474 million |
| Net assets | ¥3,384,844 million |
| Cash flows from operating activities | ¥145,270 million |
| Cash flows from investing activities | ¥-179,014 million |
| Cash flows from financing activities | ¥-59,118 million |
| Cash and cash equivalents at end of period | ¥82,317 million |
| Full-year earnings forecast | Net Sales ¥2,800,000 million (YoY +3.3%) / Operating profit ¥410,000 million (YoY +3.1%) / Ordinary income ¥315,000 million (YoY +0.5%) / Net income ¥285,000 million (YoY +2.3%) |
| Annual Dividend Forecast | ¥35 → ¥37 |
| Payout ratio | 35.1 |
| Shareholder Return Policy | Stable dividend increases (progressive dividends) and flexible, ongoing share repurchases. The company targets total payout ratios of at least 50% and dividend payout ratios of approximately 35% each fiscal year. |
| Segment revenue | Rentals ¥936,601 million / Condominium Development ¥729,271 million / Management ¥511,470 million / Facility operations ¥244,146 million / Other ¥288,257 million |
| Segment profit | Rentals 177,011 Millions of yen (business profit) / Condominium Development 193,182 Millions of yen (business profit) / Management 80,891 Millions of yen (business profit) / Facility operations 46,345 Millions of yen (business profit) / Other 10,178 Millions of yen (business profit) |
| Orders received and order backlog | Orders received Current fiscal year ¥131,294 million / Previous period ¥138,680 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥150,976 million |
| Impairment loss | ¥19,757 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 51,776 / Gain on sale of investment securities 51,676 / Extraordinary loss Impairment loss 19,757 |
| 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 |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 2,755,914,511 |
| Treasury Shares at Period-End | 38,378,428 |
| Factors Behind Changes in Business Performance | In leasing, higher sales and business profit from offices in Japan and overseas, among other factors; in property sales, progress in deliveries of residential properties in Japan and faster asset turnover of properties for sale and fixed assets; in management, higher management fees due to increased sales in the car-sharing business and facility sales, among other factors; and in facility operations, higher ADRs and occupancy rates at hotels and resorts, revisions to usage fees at Tokyo Dome, and other factors. |
Items this document does not state (3)
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.This was attributable to higher sales and profits from offices in Japan and overseas, progress in deliveries of residential properties in Japan, faster asset turnover of properties for sale and fixed assets, higher management fees, higher ADRs and occupancy rates at hotels and resorts, and revisions to usage fees at Tokyo Dome.