Worth reading
52Recurring
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
15.4
% (year-on-year change in net income attributable to owners of the parent)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales281,016¥ millionYear on year -4.2%Progress 26.3%
Operating profit102,846¥ millionYear on year +1.0%Progress 32.1%
Ordinary income108,735¥ millionYear on year +3.3%Progress 36.2%
Net income attributable to owners of the parent85,161¥ millionYear on year +15.4%Progress 38.2%
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¥92.20
Financial position at period-end
Total assets7,242,118¥ million
of which net assets 2,560,194 ¥ millionEquity ratio 35.4%vs. prior year-end +1.0pt
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 revenueReal Estate Leasing ¥121,187 million, Real Estate Sales ¥122,533 million, Housing ¥18,612 million, ステップ ¥16,104 million, Other ¥4,616 million
Segment profitReal Estate Leasing ¥58,128 million, Real Estate Sales ¥48,941 million, Housing ¥-4,033 million, ステップ ¥4,617 million, Other ¥1,217 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,070,000 million (YoY +1.2%)
Operating profit¥320,000 million (YoY +7.0%)
Ordinary income¥300,000 million (YoY +3.7%)
Net income¥223,000 million (YoY +4.9%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥42.00 (second-quarter-end, before the stock split) + ¥23.00 (year-end) → ¥52.00（Approximately 18.2% increase (on a post-split basis)）
Factors Behind Changes in Business Performance
Improved occupancy rates at existing buildings, broader implementation of rent increases and full-year operation of newly constructed buildings in real estate leasing; higher selling prices in real estate sales; increased dividend income; and increased gains on the sale of investment securities.
Disclosure regarding the going concern assumption
None ("There are 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 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥88 million, Gain on sale of investment securities ¥15,973 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥658 million, Loss on sale of investment securities ¥1 million, Other ¥20 million
Depreciation and amortization¥19,320 million
Orders received and order backlogOrders received ¥46,199 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End936,000,000 Shares
Treasury Shares at Period-End12,347,315 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 | ¥281,016 million (YoY -4.2%) |
| Operating profit | ¥102,846 million (YoY +1.0%) |
| Ordinary income | ¥108,735 million (YoY +3.3%) |
| Profit attributable to owners of the parent | ¥85,161 million (YoY +15.4%) |
| Net income per share | ¥92.20 |
| Equity ratio | End of the current fiscal period 35.4％ / End of previous period 34.4％ |
| Total assets | ¥7,242,118 million |
| Net assets | ¥2,560,194 million |
| Full-year earnings forecast | Net Sales ¥1,070,000 million (YoY +1.2%) / Operating profit ¥320,000 million (YoY +7.0%) / Ordinary income ¥300,000 million (YoY +3.7%) / Net income ¥223,000 million (YoY +4.9%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥42.00 (second-quarter-end, before the stock split) + ¥23.00 (year-end) → ¥52.00（Approximately 18.2% increase (on a post-split basis)） |
| Segment revenue | Real Estate Leasing ¥121,187 million, Real Estate Sales ¥122,533 million, Housing ¥18,612 million, ステップ ¥16,104 million, Other ¥4,616 million |
| Segment profit | Real Estate Leasing ¥58,128 million, Real Estate Sales ¥48,941 million, Housing ¥-4,033 million, ステップ ¥4,617 million, Other ¥1,217 million |
| Orders received and order backlog | Orders received ¥46,199 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥19,320 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥88 million, Gain on sale of investment securities ¥15,973 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥658 million, Loss on sale of investment securities ¥1 million, Other ¥20 million |
| Disclosure regarding the going concern assumption | None ("There are 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 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 936,000,000 Shares |
| Treasury Shares at Period-End | 12,347,315 Shares |
| Factors Behind Changes in Business Performance | Improved occupancy rates at existing buildings, broader implementation of rent increases and full-year operation of newly constructed buildings in real estate leasing; higher selling prices in real estate sales; increased dividend income; and increased gains on the sale of investment securities. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesImpairment loss
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.In real estate leasing, improved occupancy rates at existing buildings and the broader implementation of rent increases contributed to higher income, while real estate sales secured a high level of profit against a backdrop of higher selling prices. Improved non-operating income and expenses, mainly due to increased dividend income, and improved extraordinary income and expenses, primarily due to gains on the sale of investment securities, also boosted profit.
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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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.