Results for this period
First quarter1 June 2026 to 31 August 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.
The comprehensive real estate business reported higher sales and income, driven by condominium sales, sales of entire apartment buildings and office building sales. The real estate management business reported higher sales and income on increased rental income and rental management sales. The construction business reported higher sales from orders for construction work on internally developed properties and from other companies in the same industry, but its loss widened. The renewable energy business reported lower sales due to declines in electricity sales and other revenue, but its loss narrowed. Net income declined due to the reaction to the previous year's gain on negative goodwill and loss on step acquisition.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 June 2026 to 31 August 2026 |
| Net Sales | ¥9,302 million |
| Operating profit | ¥840 million |
| Ordinary income | ¥436 million |
| Profit attributable to owners of the parent | ¥255 million |
| Net income per share | ¥6.79 |
| Equity ratio | End of the current fiscal period 24.2% / End of previous period 25.5% |
| Total assets | ¥73,968 million |
| Net assets | ¥18,765 million |
| Full-year earnings forecast | Net Sales 38,000〜40,000 / Operating profit 3,700〜3,900 / Ordinary income 2,375〜2,500 / Profit attributable to owners of the parent 1,472〜1,550 |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 13.00 (previous fiscal year actual) → 14.00 (current fiscal year forecast) |
| Segment revenue | Comprehensive real estate business ¥8,174 million, Property Management Business ¥784 million, Construction ¥91 million, Renewable energy business ¥226 million, Other Businesses ¥25 million |
| Segment profit | Comprehensive real estate business ¥1,407 million, Property Management Business ¥334 million, Construction △115, Renewable energy business △18, Other Businesses ¥17 million |
| Depreciation and amortization | ¥106 million |
| Impairment loss | ¥27 million (property, plant and equipment related to rental brokerage in the comprehensive real estate business) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4 million / Extraordinary loss Impairment loss (as stated in the segment notes) ¥27 million / Notes While total special losses for the first quarter on the income statement were ¥0 million, the segment notes state an impairment loss of ¥27 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 | New 0 companies / Excluded 0 companies / Company name Not applicable (no material changes during the period) |
| Material subsequent events | 100% of the shares of 株式会社タック・エイティエイト were acquired and the company became a subsidiary on 30 September 2026. The non-consolidated subsidiary 莉斐股份有限公司 completed its liquidation on 15 October 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (participants not specified) |
| Issued Shares at Period-End | 42,134,762 shares |
| Treasury Shares at Period-End | 4,597,534 shares |
| Factors Behind Changes in Business Performance | The comprehensive real estate business reported higher sales and income, driven by condominium sales, sales of entire apartment buildings and office building sales. The real estate management business reported higher sales and income on increased rental income and rental management sales. The construction business reported higher sales from orders for construction work on internally developed properties and from other companies in the same industry, but its loss widened. The renewable energy business reported lower sales due to declines in electricity sales and other revenue, but its loss narrowed. Net income declined due to the reaction to the previous year's gain on negative goodwill and loss on step acquisition. |
Items this document does not state (9)
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 the comprehensive real estate business, condominium sales, sales of entire apartment buildings and office building sales contributed to results. In the real estate management business, rental income and rental management sales increased. The substantial decline in quarterly net income attributable to owners of the parent was due to the reaction to the previous year's recognition of a gain on negative goodwill of ¥7,904 million and a loss on step acquisition of ¥2,259 million in connection with the business integration.