Results for this period
Interim period (second quarter)1 April 2026–30 September 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. 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.
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 main factors were a decrease in deliveries of newly built condominiums in property sales, the delivery of 12 properties through Wealth Solution in distribution, and increased management fee income from winning replacement contracts in management.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥59,396 million (YoY +0.7%) |
| Operating profit | ¥7,374 million (YoY -4.3%) |
| Ordinary income | ¥6,365 million (YoY -8.9%) |
| Profit attributable to owners of the parent | ¥4,290 million (YoY -11.2%) |
| Net income per share | ¥182.99 |
| Equity ratio | End of the current fiscal period 28.3 / End of previous period 24.4 |
| Total assets | ¥141,708 million |
| Net assets | ¥40,099 million |
| Cash flows from operating activities | ¥15,406 million |
| Cash flows from investing activities | ¥-77 million |
| Cash flows from financing activities | ¥-7,969 million |
| Cash and cash equivalents at end of period | ¥27,929 million |
| Full-year earnings forecast | Net Sales ¥85,000 million (YoY -5.7%) / Operating profit ¥7,000 million (YoY -9.7%) / Ordinary income ¥4,400 million (YoY -25.3%) / Net income ¥2,900 million (YoY -24.2%) |
| Revision to Earnings Forecast | No change |
| Annual Dividend Forecast | 45 yen → 40 yen |
| Segment revenue | Condominium and housing sales ¥26,581 million (YoY -34.4%), Distribution ¥29,004 million (YoY +95.4%), Management ¥3,416 million (YoY +5.9%), Leasing ¥333 million (YoY +3.0%) |
| Segment profit | Condominium and housing sales ¥4,464 million (YoY -30.2%), Distribution ¥2,938 million (YoY +128.2%), Management ¥243 million (YoY +0.1%), Leasing ¥125 million (YoY +3.8%) |
| Depreciation and amortization | ¥134 million |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment － / Extraordinary loss Loss on disposal of non-current assets ¥22 million |
| Disclosure regarding the going concern assumption | 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 | No significant changes (the number and names of additions or exclusions are not stated) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 23,447,684 shares |
| Treasury Shares at Period-End | — shares |
| Factors Behind Changes in Business Performance | The main factors were a decrease in deliveries of newly built condominiums in property sales, the delivery of 12 properties through Wealth Solution in distribution, and increased management fee income from winning replacement contracts in management. |
Items this document does not state (6)
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 property sales segment reported lower revenue and profit due to a decrease in deliveries of newly built condominiums. In the distribution segment, the delivery of 12 properties through Wealth Solution contributed to results, while in the management segment, increased management fee income from winning replacement contracts was a positive factor. The full-year forecast for lower revenue and profit reflects a significant year-on-year decline in deliveries of newly built condominiums.