Highlights of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 | Tokyo Tatemono Co.,Ltd. (8804) timely disclosure

Worth reading

45Recurring

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

¥100 million (year-on-year increase in operating profit)

Wording

Conditional

How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter (interim period) of the fiscal year ending December 20267 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥1,944 hundreds of millions-6.9%

Operating profit¥398 hundreds of millions+17.1%

Ordinary income¥314 hundreds of millions+12.5%

Net income¥233 hundreds of millions+13.7%

Gross Profit Margin

Housing business and condominiums27.8%

Year-on-year changeDown 2.6 percentage points year on year

Full-year earnings forecast

Operating revenue

¥5,240 hundreds of millions

Operating profit

¥1,055 hundreds of millions

Business profit

¥1,050 hundreds of millions

Ordinary income

¥835 hundreds of millions

Profit attributable to owners of the parent

¥650 hundreds of millions

Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。

Operating revenue37.1%

Operating profit37.8%

Ordinary income37.6%

Interim net income attributable to owners of the parent35.9%

Business profit39.4%

What the company explained in this material

Key KPIsA metric the company considers important as a management benchmark.

Number of office buildings37 buildings
Office building floor area521 thousand sq. m
Vacancy rate1.1 %
Average rent¥30,025 /tsubo
Completed condominium inventory96 units
Contracted but unrecorded units1,649 units
Number of condominium units under management99,458 units
Number of brokerage transactions520 Engagements
Number of parking business locations1,888 Location
Number of parking spaces92,267 parking spaces

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Recognized condominium units

270 units

Prior-year period969

Unit price per property

¥6,911 10,000

Prior-year period7,078

Condominium gross profit margin

27.8 %

Prior-year period30.4

Segment results

Buildings

Operating revenue

¥1,182 hundreds of millions

Year-on-year change451

Business profit

¥427 hundreds of millions

Year-on-year change245

Housing

Operating revenue

¥384 hundreds of millions

Year-on-year change-640

Business profit

¥29 hundreds of millions

Year-on-year change-147

Asset services

Operating revenue

¥268 hundreds of millions

Year-on-year change49

Business profit

¥38 hundreds of millions

Year-on-year change3

Other

Operating revenue

¥108 hundreds of millions

Year-on-year change-3

Business profit

¥-8 hundreds of millions

Year-on-year change-18

Medium-term management plan targets

Expected to exceed the key quantitative targets one year ahead of schedule. Specific target values and target years are Not disclosed. The next medium-term management plan is scheduled to be announced in February 2027.

Number of stores and locations

Number of office buildings37

Number of parking business locations1,888

Bathing facilities11

Golf courses13

Regina Resort with DOGS10

Annual Dividend

Annual Dividend Forecast¥126 per share

Interim Dividend¥61 per share

Year-end dividend forecast¥65 per share

Payout ratio

40.2

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	Second quarter (interim period) of the fiscal year ending December 2026
Net Sales	¥1,944 hundreds of millions (YoY -6.9%)
Operating profit	¥398 hundreds of millions (YoY +17.1%)
Ordinary income	¥314 hundreds of millions (YoY +12.5%)
Net income	¥233 hundreds of millions (YoY +13.7%)
Gross Profit Margin	Housing business and condominiums 27.8% / Year-on-year change Down 2.6 percentage points year on year
Full-year earnings forecast	Operating revenue ¥5,240 hundreds of millions / Operating profit ¥1,055 hundreds of millions / Business profit ¥1,050 hundreds of millions / Ordinary income ¥835 hundreds of millions / Profit attributable to owners of the parent ¥650 hundreds of millions
Progress against full-year forecast	Operating revenue 37.1% / Operating profit 37.8% / Ordinary income 37.6% / Interim net income attributable to owners of the parent 35.9% / Business profit 39.4%
Segment results	Buildings Operating revenue ¥1,182 hundreds of millions / Business profit ¥427 hundreds of millions / Housing Operating revenue ¥384 hundreds of millions / Business profit ¥29 hundreds of millions / Asset services Operating revenue ¥268 hundreds of millions / Business profit ¥38 hundreds of millions / Other Operating revenue ¥108 hundreds of millions / Business profit ¥-8 hundreds of millions
Key KPIs	Indicator name Number of office buildings / Value 37 buildings / Year on year against the same period last year Not disclosed, Indicator name Office building floor area / Value 521 thousand sq. m / Year on year against the same period last year Not disclosed, Indicator name Vacancy rate / Value 1.1 % / Year on year against the same period last year Not disclosed, Indicator name Average rent / Value ¥30,025 /tsubo / Year on year against the same period last year Not disclosed, Indicator name Completed condominium inventory / Value 96 units / Year on year against the same period last year Not disclosed, Indicator name Contracted but unrecorded units / Value 1,649 units / Year on year against the same period last year Not disclosed, Indicator name Number of condominium units under management / Value 99,458 units / Year on year against the same period last year Not disclosed, Indicator name Number of brokerage transactions / Value 520 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of parking business locations / Value 1,888 Location / Year on year against the same period last year Not disclosed, Indicator name Number of parking spaces / Value 92,267 parking spaces / Year on year against the same period last year Not disclosed
Unit price and quantity metrics	Recognized condominium units 270 units / Unit price per property ¥6,911 10,000 / Condominium gross profit margin 27.8 %
Number of stores and locations	Number of office buildings 37 / Number of parking business locations 1,888 / Bathing facilities 11 / Golf courses 13 / Regina Resort with DOGS 10 / Number of store openings and closures during the period Not disclosed
Medium-term management plan targets	Expected to exceed the key quantitative targets one year ahead of schedule. Specific target values and target years are Not disclosed. The next medium-term management plan is scheduled to be announced in February 2027.
Annual Dividend	Annual Dividend Forecast ¥126 per share / Interim Dividend ¥61 per share / Year-end dividend forecast ¥65 per share
Payout ratio	40.2

Items this document does not state (15)

Operating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSelf-assessment against the planBreakdown of Factors Affecting the ChangeNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition 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 decline in operating revenue was due to the reaction to the significant condominium sales recognized in the previous period. The increase in profit was attributable to growth in revenue from office leasing and facility operations, as well as steady progress in property sales to investors. The upward revision to the full-year forecast reflects steady progress in the office, housing and property sales businesses targeting investors, a review of the share of profit or loss of investments accounted for using the equity method in the overseas business, and an increase in corporate expenses.

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