Results for this period
First quarter1 April 2026 to 30 June 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.
Delivery of condominium units was concentrated in the third quarter, resulting in a decrease in the number of units delivered in the first quarter compared with the same quarter of the previous year. In the real estate development business, net sales from the sale of income-producing properties decreased. In the real estate leasing business, results were affected by a decrease in the number of rental properties following efforts to sell properties in the previous consolidated fiscal year. The asset management business posted higher profit due to an increase in assets under management, an improvement in the profit margin of the property management business, and an increase in the number of condominiums under management. The Other business posted higher profit due to dividends received from overseas operations and other factors.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥10,027 million (YoY -43.0%) |
| Operating profit | ¥588 million (YoY -73.1%) |
| Ordinary income | ¥-1,017 million |
| Profit attributable to owners of the parent | ¥-720 million |
| Net income per share | ¥(7.51) |
| Equity ratio | End of the current fiscal period 16.3 / End of previous period 17 |
| Total assets | ¥506,706 million |
| Net assets | ¥81,745 million |
| Full-year earnings forecast | Net Sales ¥145,000 million (YoY +5.8%) / Operating profit ¥26,500 million (YoY +1.5%) / Ordinary income ¥20,000 million (YoY +16.3%) / Net income ¥14,000 million (YoY +14.8%) |
| Annual Dividend Forecast | ¥48 → ¥53（+10.4%） |
| Segment revenue | Housing development ¥4,180 million (YoY -62.3%), Real estate development ¥812 million (YoY -38.7%), Real Estate Leasing ¥4,062 million (YoY -5.8%), Asset management ¥492 million (YoY +0.3%), Other ¥478 million (YoY +31.7%) |
| Segment profit | Housing development ¥636 million (YoY -66.3%), Real estate development ¥247 million (YoY -23.8%), Real Estate Leasing ¥1,725 million (YoY -16.2%), Asset management ¥276 million (YoY +10.0%), Other ¥155 million (YoY +395.8%) |
| Regional sales | Kanto 1.8 % / Kansai 98.2 % / Total 100 % |
| Depreciation and amortization | ¥534 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥166 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥3 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 98,580,887 Shares |
| Treasury Shares at Period-End | 2,691,254 Shares |
| Factors Behind Changes in Business Performance | Delivery of condominium units was concentrated in the third quarter, resulting in a decrease in the number of units delivered in the first quarter compared with the same quarter of the previous year. In the real estate development business, net sales from the sale of income-producing properties decreased. In the real estate leasing business, results were affected by a decrease in the number of rental properties following efforts to sell properties in the previous consolidated fiscal year. The asset management business posted higher profit due to an increase in assets under management, an improvement in the profit margin of the property management business, and an increase in the number of condominiums under management. The Other business posted higher profit due to dividends received from overseas operations and other factors. |
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.The delivery of condominium units is concentrated in the third quarter, while sales of key income-producing properties are scheduled from the second quarter onward. The results were affected by a decrease in the number of units delivered in the housing sales business, a decrease in sales of income-producing properties in the real estate development business, and a decrease in the number of rental properties as a result of efforts to sell properties in the real estate leasing business.