Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
The subdivision housing business, which completed and handed over a large-scale condominium development, and the residential property distribution business grew in addition to the leasing and property management business, driving overall performance. All 4 major businesses reported higher sales. On the earnings front, the increase in marginal profit accompanying higher sales absorbed, to a certain extent, increases in selling, general and administrative expenses, mainly personnel costs, and higher financing costs resulting from the policy rate hike.
Not applicable.
| 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 | ¥138,332 million (YoY +11.6%) |
| Operating profit | ¥8,294 million (YoY +5.1%) |
| Ordinary income | ¥6,995 million (YoY +0.1%) |
| Profit attributable to owners of the parent | ¥4,757 million (YoY -0.1%) |
| Net income per share | ¥132.20 |
| Operating Margin | 6.0% |
| Equity ratio | End of the current fiscal period 30.2% / End of previous period 29.8% |
| Total assets | ¥193,040 million |
| Net assets | ¥58,312 million |
| Cash flows from operating activities | ¥8,912 million |
| Cash flows from investing activities | ¥-13,509 million |
| Cash flows from financing activities | ¥4,213 million |
| Cash and cash equivalents at end of period | ¥21,178 million |
| Full-year earnings forecast | Net Sales Undecided / Operating profit Undecided / Ordinary income Undecided / Net income Undecided |
| Annual Dividend Forecast | ¥32.00 → ¥32.00（0.0%） |
| Payout ratio | 24.2% |
| Segment revenue | For-sale housing ¥36,737 million, Residential Property Distribution ¥35,122 million, Land utilization ¥32,042 million, Leasing and Property Management ¥33,864 million, Construction-Related ¥2,527 million, Other ¥221 million |
| Segment profit | For-sale housing ¥1,595 million, Residential Property Distribution ¥1,236 million, Land utilization ¥3,101 million, Leasing and Property Management ¥4,452 million, Construction-Related ¥10 million, Other ¥163 million |
| Depreciation and amortization | ¥1,530,200 thousand |
| Impairment loss | ¥56,541 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥199 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥6,091 thousand, Impairment Losses ¥56,541 thousand |
| 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 0 / Excluded 0 / Company name No applicable matters. |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For institutional and individual investors |
| Issued Shares at Period-End | 36,849,912 |
| Treasury Shares at Period-End | 1,054,159 |
| Factors Behind Changes in Business Performance | The subdivision housing business, which completed and handed over a large-scale condominium development, and the residential property distribution business grew in addition to the leasing and property management business, driving overall performance. All 4 major businesses reported higher sales. On the earnings front, the increase in marginal profit accompanying higher sales absorbed, to a certain extent, increases in selling, general and administrative expenses, mainly personnel costs, and higher financing costs resulting from the policy rate hike. |
Items this document does not state (4)
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 addition to the leasing and property management business, the subdivision housing business, which completed and handed over a large-scale condominium development, and the residential property distribution business grew. On the earnings front, the increase in marginal profit accompanying higher sales absorbed, to a certain extent, increases in selling, general and administrative expenses, mainly personnel costs, and higher financing costs resulting from the policy rate hike.