Worth reading
66In focus
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
54.5
% (year-on-year change in operating revenue)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2024年1月1日〜2024年6月30日ConsolidatedJapanese GAAPNet Sales277,616¥ millionYear on year +54.5%Progress 59.7%
Operating profit51,236¥ millionYear on year +42.1%Progress 66.1%
Ordinary income48,134¥ millionYear on year +32.8%Progress 69.3%
Net income attributable to owners of the parent31,692¥ millionYear on year +33.1%Progress 65.3%
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 share151.73円
Financial position at period-end
Total assets2,026,347¥ million
of which net assets 538,733 ¥ millionEquity ratio 26.0%vs. prior year-end -0.1pt
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 revenueBuilding Business ¥75,621 million (YoY +21.3%), Housing Business ¥171,495 million (YoY +119.6%), Asset Services Business ¥20,572 million (YoY -25.3%), Other businesses ¥9,927 million (YoY -15.2%)
Segment profitSegment Building Business / Business profit ¥15,998 million (YoY -9.5%) / Operating profit ¥15,973 million (YoY -8.9%), Segment Housing Business / Business profit ¥36,445 million (YoY +105.2%) / Operating profit ¥36,611 million (YoY +106.1%), Segment Asset Services Business / Business profit ¥4,401 million (YoY -14.1%) / Operating profit ¥4,401 million (YoY -14.1%), Segment Other businesses / Business profit ¥1,880 million (YoY -30.0%) / Operating profit ¥909 million (YoY -0.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥465,000 million (YoY +23.7%)
Operating profit¥77,500 million (YoY +9.9%)
Ordinary income¥69,500 million (YoY 0.0%)
Net income¥48,500 million (YoY +7.6%)
Revision to Earnings ForecastOperating revenue ¥495,000 million → ¥465,000 million（-6.1%） / Operating profit ¥75,000 million → ¥77,500 million（+3.3%） / Business profit ¥77,000 million → ¥78,000 million（+1.3%） / Ordinary income ¥67,000 million → ¥69,500 million（+3.7%） / Profit attributable to owners of the parent ¥48,000 million → ¥48,500 million（+1.0%）
Annual Dividend Forecast¥73 → ¥80
Factors Behind Changes in Business Performance
住宅事業で分譲マンションの売上計上戸数が増加したほか、ビル事業および住宅事業で投資家向け物件売却が増加した。ビル事業では固定資産取得により流通税等の費用が一時的に増加し、アセットサービス事業では投資家向け物件売却による不動産売上が減少した。
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 Number of companies 4 / Company name Tokyo Tatemono (Thailand) Ltd., 白岡ロジスティクス開発特定目的会社, (株)ヴィレッジ東軽井沢ゴルフクラブ, 北青山三丁目プロジェクト特定目的会社 / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss¥25 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥810 million, Gain on sale of investments in an affiliated company ¥1,103 million / Total extraordinary income ¥1,915 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥79 million, Impairment Losses ¥25 million, Impairment loss on investment securities ¥3 million, Provision for allowance for doubtful accounts ¥2,293 million / Total extraordinary loss ¥2,401 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End209,167,674
Treasury Shares at Period-End391,098
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年1月1日〜2024年6月30日 |
| Net Sales | ¥277,616 million (YoY +54.5%) |
| Operating profit | ¥51,236 million (YoY +42.1%) |
| Ordinary income | ¥48,134 million (YoY +32.8%) |
| Profit attributable to owners of the parent | ¥31,692 million (YoY +33.1%) |
| Net income per share | 151.73円 |
| Equity ratio | End of the current fiscal period 26 / End of previous period 26.1 |
| Total assets | ¥2,026,347 million |
| Net assets | ¥538,733 million |
| Full-year earnings forecast | Net Sales ¥465,000 million (YoY +23.7%) / Operating profit ¥77,500 million (YoY +9.9%) / Ordinary income ¥69,500 million (YoY 0.0%) / Net income ¥48,500 million (YoY +7.6%) |
| Revision to Earnings Forecast | Operating revenue ¥495,000 million → ¥465,000 million（-6.1%） / Operating profit ¥75,000 million → ¥77,500 million（+3.3%） / Business profit ¥77,000 million → ¥78,000 million（+1.3%） / Ordinary income ¥67,000 million → ¥69,500 million（+3.7%） / Profit attributable to owners of the parent ¥48,000 million → ¥48,500 million（+1.0%） |
| Annual Dividend Forecast | ¥73 → ¥80 |
| Segment revenue | Building Business ¥75,621 million (YoY +21.3%), Housing Business ¥171,495 million (YoY +119.6%), Asset Services Business ¥20,572 million (YoY -25.3%), Other businesses ¥9,927 million (YoY -15.2%) |
| Segment profit | Segment Building Business / Business profit ¥15,998 million (YoY -9.5%) / Operating profit ¥15,973 million (YoY -8.9%), Segment Housing Business / Business profit ¥36,445 million (YoY +105.2%) / Operating profit ¥36,611 million (YoY +106.1%), Segment Asset Services Business / Business profit ¥4,401 million (YoY -14.1%) / Operating profit ¥4,401 million (YoY -14.1%), Segment Other businesses / Business profit ¥1,880 million (YoY -30.0%) / Operating profit ¥909 million (YoY -0.2%) |
| Impairment loss | ¥25 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥810 million, Gain on sale of investments in an affiliated company ¥1,103 million / Total extraordinary income ¥1,915 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥79 million, Impairment Losses ¥25 million, Impairment loss on investment securities ¥3 million, Provision for allowance for doubtful accounts ¥2,293 million / Total extraordinary loss ¥2,401 million |
| 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 | New Number of companies 4 / Company name Tokyo Tatemono (Thailand) Ltd., 白岡ロジスティクス開発特定目的会社, (株)ヴィレッジ東軽井沢ゴルフクラブ, 北青山三丁目プロジェクト特定目的会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 209,167,674 |
| Treasury Shares at Period-End | 391,098 |
| Factors Behind Changes in Business Performance | 住宅事業で分譲マンションの売上計上戸数が増加したほか、ビル事業および住宅事業で投資家向け物件売却が増加した。ビル事業では固定資産取得により流通税等の費用が一時的に増加し、アセットサービス事業では投資家向け物件売却による不動産売上が減少した。 |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial 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.中間期の増収増益については、住宅事業で分譲マンションの売上計上戸数が増加したこと、ビル事業および住宅事業で投資家向け物件売却が増加したこと等を挙げている。通期予想の修正理由は、当中間期の実績および今後の見通しを勘案したためとしている。また、修正後の通期予想に対する進捗率が高い理由として、中間期末までに分譲マンションの売上計上が集中したこと等を挙げている。
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.
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