Revised forecast
Fiscal year ending October 2026 · Full yearPrevious forecast published 15 December 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The revision reflects a review of revenue and cost reductions in the real estate business, lower revenue from new fund offering fees and other sources due to the suspension of operations in the crowdfunding business, improved margins, gains on the sale of 2 funds, and an increase in the allocation of profits and losses from anonymous partnerships.
| Item | Details |
|---|---|
| Net Sales | ¥47,617 million → ¥46,336 million（-2.7%） |
| Operating profit | ¥3,967 million → ¥4,529 million（+14.2%） |
| Ordinary income | ¥3,679 million → ¥4,201 million（+14.2%） |
| Profit attributable to owners of the parent | ¥-3 million → ¥-382 million |
| Net income per share | -0.03 yen → -3.28 yen |
| Fiscal Period Covered | Fiscal year ending October 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 December 2025 |
| Previous-period results | Revenue: ¥34,570 million; operating loss: ¥4,150 million; ordinary loss: ¥3,434 million; net loss attributable to owners of the parent: ¥17,232 million; loss per share: ¥148.53 |
| Reason for the revision | The revision reflects a review of revenue and cost reductions in the real estate business, lower revenue from new fund offering fees and other sources due to the suspension of operations in the crowdfunding business, improved margins, gains on the sale of 2 funds, and an increase in the allocation of profits and losses from anonymous partnerships. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 revision reflects a 60-day suspension of operations in the crowdfunding business following administrative action against a subsidiary, as well as a review of revenue in the real estate business. Operating profit and ordinary profit have been increased to reflect cost reductions in the real estate business, improved margins in the crowdfunding business, and gains on the sale of 2 funds. Net income has been reduced mainly because the allocation of profits and losses from anonymous partnerships is expected to increase by approximately ¥1.1 billion from the initial forecast.