Worth reading
35Immaterial
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-11061
¥ million (year-on-year change in operating income)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥98,619 million-22.1%
Operating profit¥12,645 million-46.7%
Ordinary income¥9,249 million-55.1%
Net income¥5,717 million-60.2%
Gross Profit Margin24.3%
Operating profit margin12.8%
Selling, general and administrative expenses¥11,344 million
Results for the three months of the current quarterOperating revenue: ¥98,619 million; operating gross profit: ¥23,990 million; operating income: ¥12,645 million; ordinary income: ¥9,249 million; net income attributable to owners of the parent: ¥5,717 million (all for the first quarter of the fiscal year ending December 2026)
Full-year earnings forecast
Operating revenue
¥524,000 million
Gross operating profit
¥149,000 million
Operating profit
¥100,000 million
Business profit
¥102,000 million
Ordinary income
¥80,500 million
Profit before income taxes
¥92,500 million
Profit attributable to owners of the parent
¥63,000 million
What the company explained in this material
Key KPIsA metric the company considers important as a management benchmark.
- Number of office buildings37 buildingsYear on year against the same period last yearincreased from 36 buildings
- Vacancy rate1.2%Year on year against the same period last yearimproved from 2.0%
- Average rent¥29,812 /tsuboYear on year against the same period last yearincreased from ¥29,723/tsubo
- Recognized condominium units235 unitsYear on year against the same period last yeardecreased from 772 units
- Condominium units contracted368 unitsYear on year against the same period last yearincreased from 239 units
- Number of condominium units under management99,558 unitsYear on year against the same period last yeardecreased from 101,661 units
- Number of brokerage transactions254 EngagementsYear on year against the same period last yeardecreased from 280 transactions
- Number of parking business locations1,890 LocationYear on year against the same period last yearincreased from 1,862 locations
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Average rent¥29,812 /tsubo
- Recognized condominium units235 units
- Condominium units contracted368 units
- Number of brokerage transactions254 Engagements
Segment results
Buildings
Operating revenue
¥52,915 million+41.2%
Operating profit
¥10,831 million+15.2%
Housing
Operating revenue
¥25,094 million-64.9%
Operating profit
¥2,840 million-80.6%
Asset services
Operating revenue
¥15,287 million+25.8%
Operating profit
¥2,041 million-17.0%
Other
Operating revenue
¥5,322 million-4.5%
Operating profit
¥352 million-49.2%
Financial targets
Equity ratio
First-quarter results for the fiscal year ending December 202624.8%
Debt-to-equity ratio
First-quarter results for the fiscal year ending December 20262.5x
Number of stores and locations
37 office buildings and 1,890 parking business locations. The number of openings and closures during the period was Not disclosed.| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥98,619 million (YoY -22.1%) |
| Operating profit | ¥12,645 million (YoY -46.7%) |
| Ordinary income | ¥9,249 million (YoY -55.1%) |
| Net income | ¥5,717 million (YoY -60.2%) |
| Gross Profit Margin | 24.3% |
| Operating profit margin | 12.8% |
| Selling, general and administrative expenses | ¥11,344 million |
| Results for the three months of the current quarter | Operating revenue: ¥98,619 million; operating gross profit: ¥23,990 million; operating income: ¥12,645 million; ordinary income: ¥9,249 million; net income attributable to owners of the parent: ¥5,717 million (all for the first quarter of the fiscal year ending December 2026) |
| Full-year earnings forecast | Operating revenue ¥524,000 million / Gross operating profit ¥149,000 million / Operating profit ¥100,000 million / Business profit ¥102,000 million / Ordinary income ¥80,500 million / Profit before income taxes ¥92,500 million / Profit attributable to owners of the parent ¥63,000 million |
| Segment results | Buildings Operating revenue ¥52,915 million (YoY +41.2%) / Operating profit ¥10,831 million (YoY +15.2%) / Housing Operating revenue ¥25,094 million (YoY -64.9%) / Operating profit ¥2,840 million (YoY -80.6%) / Asset services Operating revenue ¥15,287 million (YoY +25.8%) / Operating profit ¥2,041 million (YoY -17.0%) / Other Operating revenue ¥5,322 million (YoY -4.5%) / Operating profit ¥352 million (YoY -49.2%) |
| Key KPIs | Indicator name Number of office buildings / Value 37 buildings / Year on year against the same period last year increased from 36 buildings, Indicator name Vacancy rate / Value 1.2% / Year on year against the same period last year improved from 2.0%, Indicator name Average rent / Value ¥29,812 /tsubo / Year on year against the same period last year increased from ¥29,723/tsubo, Indicator name Recognized condominium units / Value 235 units / Year on year against the same period last year decreased from 772 units, Indicator name Condominium units contracted / Value 368 units / Year on year against the same period last year increased from 239 units, Indicator name Number of condominium units under management / Value 99,558 units / Year on year against the same period last year decreased from 101,661 units, Indicator name Number of brokerage transactions / Value 254 Engagements / Year on year against the same period last year decreased from 280 transactions, Indicator name Number of parking business locations / Value 1,890 Location / Year on year against the same period last year increased from 1,862 locations |
| Unit price and quantity metrics | Indicator name Average rent / Value ¥29,812 /tsubo, Indicator name Recognized condominium units / Value 235 units, Indicator name Condominium units contracted / Value 368 units, Indicator name Number of brokerage transactions / Value 254 Engagements |
| Number of stores and locations | 37 office buildings and 1,890 parking business locations. The number of openings and closures during the period was Not disclosed. |
| Financial targets | Equity ratio 24.8% / Debt-to-equity ratio 2.5x |
Items this document does not state (15)
Progress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 document does not provide a specific company explanation for the declines in revenue and earnings in the first quarter. The comparison table shows that operating revenue in the Housing segment decreased by ¥46,365 million year on year and operating income decreased by ¥11,810 million, while the Buildings segment recorded increases in both revenue and 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.