Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 13 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Because supply and demand tightened in the central Tokyo office leasing market, rent increases became pronounced, and the core real estate leasing business expanded.
| Item | Details |
|---|---|
| Net Sales | 1,070,000 Millions of yen → 1,060,000 Millions of yen（-0.9%） |
| Operating profit | 320,000 Millions of yen → 330,000 Millions of yen（+3.1%） |
| Ordinary income | 300,000 Millions of yen → 315,000 Millions of yen（+5.0%） |
| Profit attributable to owners of the parent | 223,000 Millions of yen → 230,000 Millions of yen（+3.1%） |
| Net income per share | 239.67 Yen and sen → 247.19 Yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Fiscal year ended March 2026: net sales ¥1,057,765 million, operating profit ¥299,155 million, ordinary profit ¥289,233 million, net income attributable to owners of the parent ¥212,535 million, basic earnings per share ¥228.42 |
| Reason for the revision | Because supply and demand tightened in the central Tokyo office leasing market, rent increases became pronounced, and the core real estate leasing business expanded. |
| Dividend forecast revision | The interim dividend was set at ¥27.00, and the year-end dividend forecast was revised to ¥28. The annual dividend forecast was increased from ¥52 to ¥55. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 earnings forecast was revised upward because the core real estate leasing business expanded against a backdrop of tight supply and demand in the central Tokyo office leasing market and a pronounced rise in rents. The company also strengthened its policy of increasing dividends, as cash flow is expected to expand due to higher earnings from the leasing business and increased proceeds from the sale of shares.