Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
8.1
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales251,911¥ millionYear on year +8.1%Progress 86.9%
Operating profit36,272¥ millionYear on year +11.2%Progress 90.7%
Ordinary income38,244¥ millionYear on year +14.5%Progress 98.1%
Net income attributable to owners of the parent25,311¥ millionYear on year +4.3%Progress 97.4%
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¥526.61
Operating MarginCurrent fiscal year 14.4% / Previous period 14.0%
Financial position at period-end
Total assets352,746¥ million
of which net assets 192,571 ¥ millionEquity ratio 53.5%vs. prior year-end +1.1pt
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.
Cash inflows and outflows
Operating+17,221
Investment-19,136
Financials-12,296
Net change-14,211
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥74,904 million
Segment revenueConstruction ¥76,168 million (YoY +6.7%), Rental brokerage business ¥8,868 million (YoY +3.2%), Real estate sales brokerage business ¥10,203 million (YoY +21.1%), Property Management Business ¥102,591 million (YoY +7.7%), Condominium Development Business ¥7,043 million (YoY +136.8%), Publishing Business ¥7,720 million (YoY -9.5%), Hotel and Leisure Business ¥16,392 million (YoY +5.1%), Senior support and childcare business ¥13,082 million (YoY +5.1%), Financial and consulting business ¥8,882 million (YoY -0.5%), Retail and Cultural Businesses ¥957 million (YoY +7.3%)
Segment profitConstruction ¥7,746 million (YoY +26.7%), Rental brokerage business ¥2,352 million (YoY -13.0%), Real estate sales brokerage business ¥4,252 million (YoY +35.6%), Property Management Business ¥14,643 million (YoY +10.8%), Condominium Development Business ¥86 million, Publishing Business ¥1,683 million (YoY -34.9%), Hotel and Leisure Business ¥2,571 million (YoY +18.7%), Senior support and childcare business ¥615 million (YoY +2.3%), Financial and consulting business ¥2,235 million (YoY -6.9%), Retail and Cultural Businesses ¥249 million (YoY +24.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥290,000 million (YoY +15.1%)
Operating profit¥40,000 million (YoY +10.3%)
Ordinary income¥39,000 million (YoY +2.0%)
Net income¥26,000 million (YoY +2.7%)
Annual Dividend Forecast¥120 → ¥150（+25.0%）
Payout ratioActual results for the current fiscal year 26.6% / Next-year forecast 27.3%
Factors Behind Changes in Business Performance
Steady progress on construction projects, increases in the number and value of real estate brokerage transactions, steady renewal fees, property management fees and maintenance revenue accompanying an increase in the number of properties under management, transfers of rental housing properties, and strong hotel operating performance. In the publishing business, revenue was affected by the reversal of the increase generated by hit titles and higher printing and other costs. In the financial and consulting business, housing loan fees declined due to higher interest rates.
Disclosure regarding the going concern assumption
Not applicable.
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥62 million, Gain on sale of investment securities ¥340 million, Insurance proceeds received ¥121 million, Reversal of provision for investment losses ¥71 million, Other ¥33 million / Extraordinary loss Loss on sale of fixed assets ¥9 million, Loss on Disposal of Fixed Assets ¥401 million, Impairment Losses ¥0 million, Relocation compensation ¥100 million, Inventory valuation loss ¥424 million, Other ¥58 million
Depreciation and amortization¥7,081 million
Orders received and order backlogOrders received ¥89,234 million / Order backlog ¥155,665 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For securities analysts and institutional investors
Issued Shares at Period-End53,998,205
Treasury Shares at Period-End6,654,029
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥251,911 million (YoY +8.1%) |
| Operating profit | ¥36,272 million (YoY +11.2%) |
| Ordinary income | ¥38,244 million (YoY +14.5%) |
| Profit attributable to owners of the parent | ¥25,311 million (YoY +4.3%) |
| Net income per share | ¥526.61 |
| Operating Margin | Current fiscal year 14.4% / Previous period 14.0% |
| Equity ratio | End of the current fiscal period 53.5% / End of previous period 52.4% |
| Total assets | ¥352,746 million |
| Net assets | ¥192,571 million |
| Cash flows from operating activities | ¥17,221 million |
| Cash flows from investing activities | ¥-19,136 million |
| Cash flows from financing activities | ¥-12,296 million |
| Cash and cash equivalents at end of period | ¥74,904 million |
| Full-year earnings forecast | Net Sales ¥290,000 million (YoY +15.1%) / Operating profit ¥40,000 million (YoY +10.3%) / Ordinary income ¥39,000 million (YoY +2.0%) / Net income ¥26,000 million (YoY +2.7%) |
| Annual Dividend Forecast | ¥120 → ¥150（+25.0%） |
| Payout ratio | Actual results for the current fiscal year 26.6% / Next-year forecast 27.3% |
| Segment revenue | Construction ¥76,168 million (YoY +6.7%), Rental brokerage business ¥8,868 million (YoY +3.2%), Real estate sales brokerage business ¥10,203 million (YoY +21.1%), Property Management Business ¥102,591 million (YoY +7.7%), Condominium Development Business ¥7,043 million (YoY +136.8%), Publishing Business ¥7,720 million (YoY -9.5%), Hotel and Leisure Business ¥16,392 million (YoY +5.1%), Senior support and childcare business ¥13,082 million (YoY +5.1%), Financial and consulting business ¥8,882 million (YoY -0.5%), Retail and Cultural Businesses ¥957 million (YoY +7.3%) |
| Segment profit | Construction ¥7,746 million (YoY +26.7%), Rental brokerage business ¥2,352 million (YoY -13.0%), Real estate sales brokerage business ¥4,252 million (YoY +35.6%), Property Management Business ¥14,643 million (YoY +10.8%), Condominium Development Business ¥86 million, Publishing Business ¥1,683 million (YoY -34.9%), Hotel and Leisure Business ¥2,571 million (YoY +18.7%), Senior support and childcare business ¥615 million (YoY +2.3%), Financial and consulting business ¥2,235 million (YoY -6.9%), Retail and Cultural Businesses ¥249 million (YoY +24.2%) |
| Orders received and order backlog | Orders received ¥89,234 million / Order backlog ¥155,665 million |
| Depreciation and amortization | ¥7,081 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥62 million, Gain on sale of investment securities ¥340 million, Insurance proceeds received ¥121 million, Reversal of provision for investment losses ¥71 million, Other ¥33 million / Extraordinary loss Loss on sale of fixed assets ¥9 million, Loss on Disposal of Fixed Assets ¥401 million, Impairment Losses ¥0 million, Relocation compensation ¥100 million, Inventory valuation loss ¥424 million, Other ¥58 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For securities analysts and institutional investors |
| Issued Shares at Period-End | 53,998,205 |
| Treasury Shares at Period-End | 6,654,029 |
| Factors Behind Changes in Business Performance | Steady progress on construction projects, increases in the number and value of real estate brokerage transactions, steady renewal fees, property management fees and maintenance revenue accompanying an increase in the number of properties under management, transfers of rental housing properties, and strong hotel operating performance. In the publishing business, revenue was affected by the reversal of the increase generated by hit titles and higher printing and other costs. In the financial and consulting business, housing loan fees declined due to higher interest rates. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesMaterial subsequent events
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.Higher revenue and income were supported by steady progress on construction projects, increases in the number and value of real estate brokerage transactions, steady renewal fees, property management fees and maintenance revenue resulting from an increase in the number of properties under management, transfers of rental housing properties, and strong hotel operating performance. In the publishing business, however, revenue was affected by the reversal of the increase generated by hit titles and higher printing and other costs. In the financial and consulting business, housing loan fees declined due to higher interest rates.
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.