Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
19.4
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter令和7年11月1日〜令和8年1月31日ConsolidatedJapanese GAAPNet Sales7,610¥ millionYear on year -15.3%Progress 17.5%
Operating profit490¥ millionYear on year +19.4%Progress 18.5%
Ordinary income455¥ millionYear on year +19.1%Progress 18.2%
Net income attributable to owners of the parent258¥ millionYear on year +36.7%Progress 17.2%
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. 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.
Net income per share18.56円
Financial position at period-end
Total assets61,174¥ million
of which net assets 42,123 ¥ millionEquity ratio 66.5%vs. prior year-end +0.7pt
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.
Segment revenueDetached Housing Business ¥7,403,690 thousand (YoY -15.7%), Condominium business and other businesses ¥204,982 thousand (YoY +1.9%)
Segment profitDetached Housing Business ¥640,479 thousand (YoY +6.5%), Condominium business and other businesses ¥64,892 thousand (YoY -19.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥43,400 million (YoY +1.2%)
Operating profit¥2,650 million (YoY +6.4%)
Ordinary income¥2,500 million (YoY +6.3%)
Net income¥1,500 million (YoY +4.5%)
Revision to Earnings ForecastNone
Annual Dividend Forecast¥43 → ¥43（0.0%）
Factors Behind Changes in Business Performance
戸建分譲の販売棟数は186棟で前年同期比17.3％減。期首時点の完成在庫の減少や分譲用地の仕入れの厳選が販売減の主因。一方、商品力の強化、コスト管理、適正な利益を確保できる物件の増加により利益率が改善し、戸建事業のセグメント利益は6.5％増。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent events令和8年2月21日開催の取締役会で、取締役5名を対象に株式報酬型ストック・オプションとして第10回新株予約権1,198個を割り当てる募集事項を決議。割当日は令和8年3月31日。
Breakdown of extraordinary income (loss)当期は特別損益なし（特別損失は「－」）。前第1四半期は公開買付関連費用65,037千円を計上。
Depreciation and amortization¥96,743 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End16,901,900
Treasury Shares at Period-End2,988,318
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 令和7年11月1日〜令和8年1月31日 |
| Net Sales | ¥7,610 million (YoY -15.3%) |
| Operating profit | ¥490 million (YoY +19.4%) |
| Ordinary income | ¥455 million (YoY +19.1%) |
| Profit attributable to owners of the parent | ¥258 million (YoY +36.7%) |
| Net income per share | 18.56円 |
| Equity ratio | End of the current fiscal period 66.5 / End of previous period 65.8 |
| Total assets | ¥61,174 million |
| Net assets | ¥42,123 million |
| Full-year earnings forecast | Net Sales ¥43,400 million (YoY +1.2%) / Operating profit ¥2,650 million (YoY +6.4%) / Ordinary income ¥2,500 million (YoY +6.3%) / Net income ¥1,500 million (YoY +4.5%) |
| Revision to Earnings Forecast | None |
| Annual Dividend Forecast | ¥43 → ¥43（0.0%） |
| Segment revenue | Detached Housing Business ¥7,403,690 thousand (YoY -15.7%), Condominium business and other businesses ¥204,982 thousand (YoY +1.9%) |
| Segment profit | Detached Housing Business ¥640,479 thousand (YoY +6.5%), Condominium business and other businesses ¥64,892 thousand (YoY -19.3%) |
| Depreciation and amortization | ¥96,743 thousand |
| Breakdown of extraordinary income (loss) | 当期は特別損益なし（特別損失は「－」）。前第1四半期は公開買付関連費用65,037千円を計上。 |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 / Excluded 0 / Company name None |
| Material subsequent events | 令和8年2月21日開催の取締役会で、取締役5名を対象に株式報酬型ストック・オプションとして第10回新株予約権1,198個を割り当てる募集事項を決議。割当日は令和8年3月31日。 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 16,901,900 |
| Treasury Shares at Period-End | 2,988,318 |
| Factors Behind Changes in Business Performance | 戸建分譲の販売棟数は186棟で前年同期比17.3％減。期首時点の完成在庫の減少や分譲用地の仕入れの厳選が販売減の主因。一方、商品力の強化、コスト管理、適正な利益を確保できる物件の増加により利益率が改善し、戸建事業のセグメント利益は6.5％増。 |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
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.売上高の減少は、期首時点の完成在庫の減少や分譲用地の仕入れを厳選したことによる販売棟数の減少が主因。利益の増加は、商品力の強化、コスト管理、適正な利益を確保できる物件の増加などによる利益率の改善が主因。
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.