Worth reading
40Recurring
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
181480
¥ million (operating profit for the six months ended September 2026)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportFiscal year ending March 2027, second quarter (first half)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales527,960 Millions of yen
Operating profit181,480 Millions of yen
Ordinary income178,715 Millions of yen
Net income¥140,132 million first-half net income attributable to owners of the parent
Selling, general and administrative expenses38,401 Millions of yen
Gross Profit Margin
Rate41.6%
Operating profit margin
Rate34.4%
Results for the three months of the current quarter
Existing Office Vacancy Rate3.3%
Number of condominium units contracted
467 units
Year on year against the same period last year-47.3%
Orders received (Shinchiku Sokkurisan, like-new home renovation)
1,477 properties
Year on year against the same period last year-4.8%
Orders received (Shinchiku Sokkurisan, like-new home renovation)
25,225 Millions of yen
Year on year against the same period last year+4.7%
Orders received for custom-built homes
387 properties
Year on year against the same period last year-8.5%
Orders received for custom-built homes
18,599 Millions of yen
Year on year against the same period last year-3.0%
Full-year earnings forecast
Net Sales
1,060,000 Millions of yen
Operating profit
330,000 Millions of yen
Ordinary income
315,000 Millions of yen
Profit Before Income Taxes
335,000 Millions of yen
Net income
¥230,000 million net profit attributable to owners of the parent
What the company explained in this material
New initiatives
- Segment classifications changed, with condominium management and interior sales transferred to the sales business
Key KPIsA metric the company considers important as a management benchmark.
- Existing office vacancy rate at fiscal year-end3.3%
- Number of condominium units contracted987 units
- Condominium units recognized1,499 units
- Housing units ordered4,012 properties
- Housing units recognized2,800 properties
- Step brokerage transactions10,907 Deals
- Step transaction volume601,272 Millions of yen
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Step business
Number of brokerage transactions
10,907 Deals
Average transaction value
¥55.1 million per case
Transaction volume
601,272 Millions of yen
Segment results
Rental Business
Net Sales
245,641 Millions of yen
Operating profit
117,894 Millions of yen
Retail Business
Net Sales
187,064 Millions of yen
Operating profit
69,273 Millions of yen
Housing business
Net Sales
59,888 Millions of yen
Operating profit
-2,001 Millions of yen
Step business
Net Sales
30,833 Millions of yen
Operating profit
7,922 Millions of yen
Financial targets
ROE9.2% (actual for the fiscal year ending March 2026)
Equity ratio34.4% (fiscal year ended March 2026 actual)
Net debt-to-equity ratio1.6x (fiscal year ended March 2026 actual)
Orders received and order backlog
Orders received (Shinchiku Sokkurisan, like-new home renovation)
¥52,077 million first half
Orders received for custom-built homes
¥37,946 million first half
Number of employees
Number of Employees14,116 people
Capital expenditures
¥145,640 million capital expenditures for the acquisition of property, plant and equipment, fiscal year ended March 2026
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | 527,960 Millions of yen |
| Operating profit | 181,480 Millions of yen |
| Ordinary income | 178,715 Millions of yen |
| Net income | ¥140,132 million (first-half net income attributable to owners of the parent) |
| Gross Profit Margin | Rate 41.6% / Year-on-year change (points) Not disclosed |
| Operating profit margin | Rate 34.4% / Year-on-year change (points) Not disclosed |
| Selling, general and administrative expenses | 38,401 Millions of yen |
| Results for the three months of the current quarter | Existing Office Vacancy Rate 3.3% / Number of condominium units contracted 467 units / Orders received (Shinchiku Sokkurisan, like-new home renovation) 1,477 properties / Orders received (Shinchiku Sokkurisan, like-new home renovation) 25,225 Millions of yen / Orders received for custom-built homes 387 properties / Orders received for custom-built homes 18,599 Millions of yen |
| Full-year earnings forecast | Net Sales 1,060,000 Millions of yen / Operating profit 330,000 Millions of yen / Ordinary income 315,000 Millions of yen / Profit Before Income Taxes 335,000 Millions of yen / Net income ¥230,000 million (net profit attributable to owners of the parent) |
| Segment results | Rental Business Net Sales 245,641 Millions of yen / Operating profit 117,894 Millions of yen / Year on year against the same period last year Not disclosed / Retail Business Net Sales 187,064 Millions of yen / Operating profit 69,273 Millions of yen / Year on year against the same period last year Not disclosed / Housing business Net Sales 59,888 Millions of yen / Operating profit -2,001 Millions of yen / Year on year against the same period last year Not disclosed / Step business Net Sales 30,833 Millions of yen / Operating profit 7,922 Millions of yen / Year on year against the same period last year Not disclosed |
| Key KPIs | Indicator name Existing office vacancy rate at fiscal year-end / Value 3.3% / Year on year against the same period last year Not disclosed, Indicator name Number of condominium units contracted / Value 987 units / Year on year against the same period last year Not disclosed, Indicator name Condominium units recognized / Value 1,499 units / Year on year against the same period last year Not disclosed, Indicator name Housing units ordered / Value 4,012 properties / Year on year against the same period last year Not disclosed, Indicator name Housing units recognized / Value 2,800 properties / Year on year against the same period last year Not disclosed, Indicator name Step brokerage transactions / Value 10,907 Deals / Year on year against the same period last year Not disclosed, Indicator name Step transaction volume / Value 601,272 Millions of yen / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Step business Number of brokerage transactions 10,907 Deals / Average transaction value ¥55.1 million per case / Transaction volume 601,272 Millions of yen |
| Number of employees | Number of Employees 14,116 people / Changes during the period and hiring plan Not disclosed |
| Financial targets | ROE 9.2% (actual for the fiscal year ending March 2026) / Equity ratio 34.4% (fiscal year ended March 2026 actual) / Net debt-to-equity ratio 1.6x (fiscal year ended March 2026 actual) / Target value Not disclosed |
| Capital expenditures | ¥145,640 million (capital expenditures for the acquisition of property, plant and equipment, fiscal year ended March 2026) |
| Orders received and order backlog | Orders received (Shinchiku Sokkurisan, like-new home renovation) ¥52,077 million (first half) / Orders received for custom-built homes ¥37,946 million (first half) / Order backlog Not disclosed |
| New initiatives | Segment classifications changed, with condominium management and interior sales transferred to the sales business |
Items this document does not state (12)
Progress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesMarket Size / ShareKey points of the Q&A
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, from the beginning of the fiscal year ending March 2026, condominium management was transferred from the rental business to the sales business, and interior sales were transferred from the housing business to the sales business. No specific explanation was provided for the reasons behind the changes in performance.
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.