Worth reading
45Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
94.3
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales497,685¥ millionYear on year +39.4%Progress 24.9%
Operating profit121,240¥ millionYear on year +94.3%Progress 32.8%
Ordinary income108,176¥ millionYear on year +94.3%Progress 36.7%
Net income attributable to owners of the parent95,416¥ millionYear on year +198.3%Progress 40.6%
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¥79.17
Financial position at period-end
Total assets8,542,958¥ million
of which net assets 2,912,852 ¥ millionEquity ratio 31.8%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 revenueCommercial Real Estate Business ¥135,485 million (YoY +39.1%), Marunouchi business ¥101,596 million (YoY +4.6%), Housing Business ¥125,935 million (YoY +5.1%), Overseas Business ¥119,214 million (YoY +292.4%), Investment Management Business ¥11,195 million (YoY +38.1%), Design, engineering and real estate services business ¥18,150 million (YoY +3.3%)
Segment profitCommercial Real Estate Business ¥30,027 million (YoY +84.4%), Marunouchi business ¥27,240 million (YoY +10.6%), Housing Business ¥23,305 million (YoY +17.4%), Overseas Business ¥43,036 million (YoY +575.3%), Investment Management Business ¥1,440 million (YoY +34.3%), Design, engineering and real estate services business ¥1,412 million (YoY -24.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,000,000 million (YoY +14.5%)
Operating profit¥370,000 million (YoY +12.2%)
Ordinary income¥295,000 million (YoY +8.0%)
Net income¥235,000 million (YoY +5.6%)
Annual Dividend Forecast¥46 → ¥49（+6.5%）
Factors Behind Changes in Business Performance
Recovery in personal consumption and corporate capital investment against a backdrop of improving employment and income conditions. A gain on the sale of investment securities of ¥30,228 million was recorded as extraordinary income.
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 consolidationNumber of newly consolidated companies 0 / Number of companies excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥30,228 million / Extraordinary loss None recorded for the current period
Depreciation and amortization¥27,696 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End1,211,104,906 shares
Treasury Shares at Period-End7,975,960 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥497,685 million (YoY +39.4%) |
| Operating profit | ¥121,240 million (YoY +94.3%) |
| Ordinary income | ¥108,176 million (YoY +94.3%) |
| Profit attributable to owners of the parent | ¥95,416 million (YoY +198.3%) |
| Net income per share | ¥79.17 |
| Equity ratio | End of the current fiscal period 31.8 / End of previous period 31.4 |
| Total assets | ¥8,542,958 million |
| Net assets | ¥2,912,852 million |
| Full-year earnings forecast | Net Sales ¥2,000,000 million (YoY +14.5%) / Operating profit ¥370,000 million (YoY +12.2%) / Ordinary income ¥295,000 million (YoY +8.0%) / Net income ¥235,000 million (YoY +5.6%) |
| Annual Dividend Forecast | ¥46 → ¥49（+6.5%） |
| Segment revenue | Commercial Real Estate Business ¥135,485 million (YoY +39.1%), Marunouchi business ¥101,596 million (YoY +4.6%), Housing Business ¥125,935 million (YoY +5.1%), Overseas Business ¥119,214 million (YoY +292.4%), Investment Management Business ¥11,195 million (YoY +38.1%), Design, engineering and real estate services business ¥18,150 million (YoY +3.3%) |
| Segment profit | Commercial Real Estate Business ¥30,027 million (YoY +84.4%), Marunouchi business ¥27,240 million (YoY +10.6%), Housing Business ¥23,305 million (YoY +17.4%), Overseas Business ¥43,036 million (YoY +575.3%), Investment Management Business ¥1,440 million (YoY +34.3%), Design, engineering and real estate services business ¥1,412 million (YoY -24.4%) |
| Depreciation and amortization | ¥27,696 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥30,228 million / Extraordinary loss None recorded for the current period |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 | Number of newly consolidated companies 0 / Number of companies 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 | 1,211,104,906 shares |
| Treasury Shares at Period-End | 7,975,960 treasury shares |
| Factors Behind Changes in Business Performance | Recovery in personal consumption and corporate capital investment against a backdrop of improving employment and income conditions. A gain on the sale of investment securities of ¥30,228 million was recorded as extraordinary income. |
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 company explained that personal consumption and corporate capital investment recovered against a backdrop of improving employment and income conditions. It also recorded a gain on the sale of investment securities of ¥30,228 million as extraordinary income.
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.