Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
28.1
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 August 2025 to 30 April 2026ConsolidatedJapanese GAAPNet Sales23,470¥ millionYear on year +18.3%Progress 62.4%
Operating profit2,669¥ millionYear on year +28.1%Progress 70.2%
Ordinary income2,208¥ millionYear on year +39.3%Progress 73.6%
Net income attributable to owners of the parent1,569¥ millionYear on year +49.5%Progress 78.5%
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 share¥51.67
Financial position at period-end
Total assets31,959¥ million
of which net assets 11,204 ¥ millionEquity ratio 35.1%vs. prior year-end +2.4pt
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 revenueReal estate development ¥18,962.54 thousand (YoY +17.5%), Real Estate Leasing Business ¥1,203.97 thousand (YoY -1.1%), Real estate brokerage business ¥2.83 thousand (YoY -72.9%), Construction ¥3,256.62 thousand (YoY +33.1%), Other (outside reportable segments) ¥44.95 thousand (YoY +435.9%)
Segment profitReal estate development ¥2,643.51 thousand (YoY +15.4%), Real Estate Leasing Business ¥67.92 thousand (YoY +183.6%), Real estate brokerage business ¥11.04 thousand (YoY -71.5%), Construction ¥66.23 thousand, Other (outside reportable segments) ¥40.63 thousand (YoY +399.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥37,600 million (YoY +26.2%)
Operating profit¥3,800 million (YoY +12.6%)
Ordinary income¥3,000 million (YoY +11.8%)
Net income¥2,000 million (YoY +5.6%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥12 → ¥13
Factors Behind Changes in Business Performance
The Real Estate Development Business delivered properties under its major brands and other brands, the Real Estate Leasing Business achieved high occupancy rates, and the Company conducted business activities in real estate brokerage, construction, renovation and remodeling, and other areas.
Disclosure regarding the going concern assumption
No applicable matters (There are no applicable matters.)
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 companies / Excluded 0 companies / Company name None
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥2.75 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥2.57 thousand
Depreciation and amortization¥49.53 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not disclosed)
Issued Shares at Period-End31,642,700 shares
Treasury Shares at Period-End1,047,160 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 August 2025 to 30 April 2026 |
| Net Sales | ¥23,470 million (YoY +18.3%) |
| Operating profit | ¥2,669 million (YoY +28.1%) |
| Ordinary income | ¥2,208 million (YoY +39.3%) |
| Profit attributable to owners of the parent | ¥1,569 million (YoY +49.5%) |
| Net income per share | ¥51.67 |
| Equity ratio | End of the current fiscal period 35.1 / End of previous period 32.7 |
| Total assets | ¥31,959 million |
| Net assets | ¥11,204 million |
| Full-year earnings forecast | Net Sales ¥37,600 million (YoY +26.2%) / Operating profit ¥3,800 million (YoY +12.6%) / Ordinary income ¥3,000 million (YoY +11.8%) / Net income ¥2,000 million (YoY +5.6%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥12 → ¥13 |
| Segment revenue | Real estate development ¥18,962.54 thousand (YoY +17.5%), Real Estate Leasing Business ¥1,203.97 thousand (YoY -1.1%), Real estate brokerage business ¥2.83 thousand (YoY -72.9%), Construction ¥3,256.62 thousand (YoY +33.1%), Other (outside reportable segments) ¥44.95 thousand (YoY +435.9%) |
| Segment profit | Real estate development ¥2,643.51 thousand (YoY +15.4%), Real Estate Leasing Business ¥67.92 thousand (YoY +183.6%), Real estate brokerage business ¥11.04 thousand (YoY -71.5%), Construction ¥66.23 thousand, Other (outside reportable segments) ¥40.63 thousand (YoY +399.9%) |
| Depreciation and amortization | ¥49.53 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2.75 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥2.57 thousand |
| Disclosure regarding the going concern assumption | No applicable matters (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 | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 31,642,700 shares |
| Treasury Shares at Period-End | 1,047,160 shares |
| Factors Behind Changes in Business Performance | The Real Estate Development Business delivered properties under its major brands and other brands, the Real Estate Leasing Business achieved high occupancy rates, and the Company conducted business activities in real estate brokerage, construction, renovation and remodeling, and other areas. |
Items this document does not state (9)
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 backlog
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.As demand for residential investment real estate remained firm, the Company strengthened its property procurement capabilities by carefully selecting locations and reducing acquisition costs, delivered properties under its major brands and other brands, achieved high occupancy rates in its real estate leasing business, provided brokerage services using its proprietary information network, and engaged in construction and renovation work.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.