Komori
Earnings8871GOLDCREST Co.,Ltd.Real Estate

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the first half of the fiscal year ending March 2027, revenue increased 35.1% year on year and operating profit increased 81.2%, resulting in higher revenue and higher profit. The company said that disciplined land acquisitions focused on profitability and the supply of highly competitive condominiums in central urban areas contributed to performance.

Worth reading
59In focus
Scored from 4 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
81.2
% (year-on-year change in operating income)
Wording
Definitive
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales21,608¥ millionYear on year +35.1%
Operating profit9,480¥ millionYear on year +81.2%
Ordinary income8,790¥ millionYear on year +72.6%
Net income attributable to owners of the parent6,003¥ millionYear on year +72.6%

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.

Financial position at period-end
Total assets332,064¥ million
of which net assets 140,335 ¥ millionEquity ratio 42.3%

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。

Cash inflows and outflows
Operating-1,671
Investment-367
Financials+1,788
Net change-250

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¥58,166 million
Segment revenueReal Estate Development Business ¥15,335 million (YoY +37.0%), Real Estate Leasing Business ¥2,278 million (YoY +64.7%), Property Management Business ¥2,172 million (YoY +28.5%), Hotel Business ¥1,741 million (YoY +9.7%), Other (outside reportable segments) ¥80 million (YoY -44.5%)
Segment profitReal Estate Development Business ¥7,721 million, Real Estate Leasing Business ¥1,497 million, Property Management Business ¥122 million, Hotel Business ¥250 million, Other (outside reportable segments) ¥31 million
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
NotesUnchanged from the consolidated earnings forecasts announced on 14 May 2026
Revision to Earnings ForecastNone (unchanged from the consolidated earnings forecast announced on 14 May 2026)
Factors Behind Changes in Business Performance

The company selectively acquired land with profit potential and supplied high-quality, highly competitive newly built condominiums, mainly in central urban areas. Demand remained firm, particularly among end users.

Disclosure regarding the going concern assumption

Not applicable

Depreciation and amortization¥711 million
Orders received and order backlogContracts entered into during the period ¥5,890 million / Contract Balances ¥29,403 million
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥21,608 million (YoY +35.1%)
Operating profit¥9,480 million (YoY +81.2%)
Ordinary income¥8,790 million (YoY +72.6%)
Profit attributable to owners of the parent¥6,003 million (YoY +72.6%)
Equity ratioEnd of the current fiscal period 42.3 / End of previous period Not disclosed
Total assets¥332,064 million
Net assets¥140,335 million
Cash flows from operating activities¥-1,671 million
Cash flows from investing activities¥-367 million
Cash flows from financing activities¥1,788 million
Cash and cash equivalents at end of period¥58,166 million
Full-year earnings forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes Unchanged from the consolidated earnings forecasts announced on 14 May 2026
Revision to Earnings ForecastNone (unchanged from the consolidated earnings forecast announced on 14 May 2026)
Segment revenueReal Estate Development Business ¥15,335 million (YoY +37.0%), Real Estate Leasing Business ¥2,278 million (YoY +64.7%), Property Management Business ¥2,172 million (YoY +28.5%), Hotel Business ¥1,741 million (YoY +9.7%), Other (outside reportable segments) ¥80 million (YoY -44.5%)
Segment profitReal Estate Development Business ¥7,721 million, Real Estate Leasing Business ¥1,497 million, Property Management Business ¥122 million, Hotel Business ¥250 million, Other (outside reportable segments) ¥31 million
Orders received and order backlogContracts entered into during the period ¥5,890 million / Contract Balances ¥29,403 million
Depreciation and amortization¥711 million
Disclosure regarding the going concern assumptionNot applicable
Factors Behind Changes in Business PerformanceThe company selectively acquired land with profit potential and supplied high-quality, highly competitive newly built condominiums, mainly in central urban areas. Demand remained firm, particularly among end users.
Items this document does not state (15)
Net income per shareOperating MarginAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossBreakdown of extraordinary income (loss)Change in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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 said it selectively acquired land with profit potential and supplied high-quality, highly competitive newly built condominiums, mainly in central urban areas. It also said demand among end users remained firm, supported by policies assisting home purchases.

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.