Results for this period
Full year1 April 2025–31 March 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.
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.
The number of properties sold was 8,380, up 13.7% year on year, while the number acquired was 9,804, up 17.8%. Performance benefited from the provision of lower-priced homes, an expanded product lineup, increased price competitiveness of existing homes due to rising construction costs for new homes, an increase in and training of sales personnel, higher productivity, diversification of renovation planning and purchasing channels, and initiatives to improve gross profit.
None. The notes regarding the going concern assumption state, “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥151,851 million (YoY +17.2%) |
| Operating profit | ¥18,279 million (YoY +28.5%) |
| Ordinary income | ¥17,809 million (YoY +28.3%) |
| Profit attributable to owners of the parent | ¥12,470 million (YoY +30.6%) |
| Net income per share | ¥159.43 |
| Operating Margin | 12.0% |
| Equity ratio | End of the current fiscal period 56.9% / End of previous period 54.9% |
| Total assets | ¥93,245 million |
| Net assets | ¥53,059 million |
| Cash flows from operating activities | ¥-5,197 million |
| Cash flows from investing activities | ¥-108 million |
| Cash flows from financing activities | ¥-5,232 million |
| Cash and cash equivalents at end of period | ¥8,228 million |
| Full-year earnings forecast | Net Sales ¥177,400 million (YoY +16.8%) / Operating profit ¥21,000 million (YoY +14.9%) / Ordinary income ¥20,000 million (YoY +12.3%) / Net income ¥14,000 million (YoY +12.3%) |
| Revision to Earnings Forecast | Operating profit, fiscal year ended March 2026 ¥16,200 million → ¥17,800 million（+9.9%） / Financial KGI under the Fourth Medium-Term Management Plan Number of sales 10,000 properties (average growth rate: 10.7%) → More than 10,000 properties (average growth rate: more than 10.7%) / Operating profit ¥20,000 million → ¥23,000 million（+15.0%） / ROE 20% or higher → Maintain a minimum of 20%; aim for 25% / Payout ratio At least 50.0% and progressive dividends → At least 50.0% and progressive dividends（0） |
| Annual Dividend Forecast | ¥56 per share → ¥90 per share（+60.7%） |
| Payout ratio | 50.2% for the fiscal year ended March 2026; forecast at 50.3% for the fiscal year ending March 2027 |
| Shareholder Return Policy | During the period of the Fourth Medium-Term Management Plan, maintain a payout ratio of at least 50% and progressive dividends |
| Depreciation and amortization | ¥115 million |
| Impairment loss | ¥6 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Impairment Losses ¥6 million |
| Disclosure regarding the going concern assumption | None. The notes regarding the going concern assumption state, “There are 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 | No material changes. The number and names of companies newly consolidated or excluded are Not disclosed |
| Material subsequent events | No applicable matters. |
| Supplementary financial results materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 78,650,640 |
| Treasury Shares at Period-End | 409,434 |
| Factors Behind Changes in Business Performance | The number of properties sold was 8,380, up 13.7% year on year, while the number acquired was 9,804, up 17.8%. Performance benefited from the provision of lower-priced homes, an expanded product lineup, increased price competitiveness of existing homes due to rising construction costs for new homes, an increase in and training of sales personnel, higher productivity, diversification of renovation planning and purchasing channels, and initiatives to improve gross profit. |
Items this document does not state (4)
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 number of properties sold increased due to the provision of products meeting demand for low-priced, high-quality homes, the expansion of products in lower price ranges, and the increased price competitiveness of existing homes as new-build home prices rose. In addition, increased purchasing activity, initiatives to improve gross profit and investment in human resources contributed to performance.