Worth reading
55In focus
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
39.3
Year-on-year change (ordinary profit, %)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsThird quarter of the fiscal year ending July 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥23,470 million+18.3%
Operating profit¥2,669 million+28.1%
Ordinary income¥2,208 million+39.3%
Net income¥1,569 million +49.5%profit attributable to owners of the parent
Selling, general and administrative expenses¥+184 millions year-on-year increase
Results for the three months of the current quarter
Net Sales
¥23,470 million
Ordinary income
¥2,208 million
Full-year earnings forecast
Net Sales
¥37,600 million
Properties soldAround 37 properties
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales62.4%
Operating profit70.2%
Ordinary income73.6%
Profit attributable to owners of parent for the quarter78.5%
Properties soldApproximately 102%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress toward the full-year forecast is broadly in line with planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in revenue
Development Business+2,828 million yen
Construction+810 million yen
Brokerage Business−¥37 million
Rental Operations−¥10 million
Other−¥36 million
Increase in cost of sales
Real estate cost of sales−2,199 million yen
Construction business costs−658 million yen
Real estate brokerage costs+¥2 million
OtherDown ¥2 million
Increase in SG&A expenses
Personnel Expenses−34 million yen
Taxes and dues+¥102 million
Entertainment expenses+¥50 million
Compensation expenses+¥16 million
Other+¥50 million
Increase in non-operating income
Income from cancellation penalties+249 million yen
Compensation received−29 million yen
Insurance Proceeds-¥11 million
Other+¥3 million
Increase in non-operating expenses
Interest expenses+¥106 million
Fees paid+¥57 million
Other+¥11 million year on year
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Raw material pricesRisk of higher construction-material prices cited; figures not disclosed
Interest RatesRisk of policy-rate hikes cited; figures not disclosed
New initiatives
- Launch of sales for the first property under the new LOS ARCOS brand
- Introduction of smart locks to the MIJAS series
- Introduction of a shareholder-benefit program from the current fiscal year
- Introduction and continuation of progressive dividends
Key KPIsA metric the company considers important as a management benchmark.
- Properties sold24 buildingsYear on year against the same period last year21 properties in the year-earlier period
- Properties expected to be sold (including properties under contract)38 buildings
- Progress toward the full-year plan for properties expected to be sold102 %
- MIJAS series units with smart-lock installation completed15 Engagements
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Higher selling prices were cited, but numerical metrics breaking out volume and price were not disclosedSegment results
Construction
Net Sales
¥3,256 million
Year on year against the same period last year+33.1%
Medium-term management plan targets
Higher-priced propertiesThe company aims to achieve its medium-term management plan by developing properties priced at ¥1 billion or more
Annual Dividend
¥13 per share
Interim¥6.5 per share
End of period¥6.5 per share
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Third quarter of the fiscal year ending July 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%) |
| Net income | ¥1,569 million (profit attributable to owners of the parent) (YoY +49.5%) |
| Selling, general and administrative expenses | ¥+184 millions (year-on-year increase) |
| Results for the three months of the current quarter | Net Sales ¥23,470 million / Ordinary income ¥2,208 million |
| Full-year earnings forecast | Net Sales ¥37,600 million / Operating profit Not disclosed / Ordinary income Not disclosed / Profit attributable to owners of the parent Not disclosed / Properties sold Around 37 properties |
| Progress against full-year forecast | Net Sales 62.4% / Operating profit 70.2% / Ordinary income 73.6% / Profit attributable to owners of parent for the quarter 78.5% / Properties sold Approximately 102% |
| Self-assessment against the plan | Progress toward the full-year forecast is broadly in line with plan |
| Segment results | Construction Net Sales ¥3,256 million / yoy_pct 33.1 / Real estate development Not disclosed / Real Estate Leasing Business Not disclosed / Real estate brokerage business Not disclosed |
| Breakdown of Factors Affecting the Change | Increase in revenue Development Business +2,828 million yen / Construction +810 million yen / Brokerage Business −¥37 million / Rental Operations −¥10 million / Other −¥36 million / Increase in cost of sales Real estate cost of sales −2,199 million yen / Construction business costs −658 million yen / Real estate brokerage costs +¥2 million / Other Down ¥2 million / Increase in SG&A expenses Personnel Expenses −34 million yen / Taxes and dues +¥102 million / Entertainment expenses +¥50 million / Compensation expenses +¥16 million / Other +¥50 million / Increase in non-operating income Income from cancellation penalties +249 million yen / Compensation received −29 million yen / Insurance Proceeds -¥11 million / Other +¥3 million / Increase in non-operating expenses Interest expenses +¥106 million / Fees paid +¥57 million / Other +¥11 million year on year |
| Key KPIs | Properties sold 24 buildings, Properties expected to be sold (including properties under contract) 38 buildings, Progress toward the full-year plan for properties expected to be sold 102 %, MIJAS series units with smart-lock installation completed 15 Engagements |
| Unit price and quantity metrics | Higher selling prices were cited, but numerical metrics breaking out volume and price were not disclosed |
| Assumptions Underlying the Business Outlook | Exchange rate Not disclosed / Raw material prices Risk of higher construction-material prices cited; figures not disclosed / Interest Rates Risk of policy-rate hikes cited; figures not disclosed |
| Medium-term management plan targets | Higher-priced properties The company aims to achieve its medium-term management plan by developing properties priced at ¥1 billion or more |
| Annual Dividend | ¥13 per share |
| New initiatives | Launch of sales for the first property under the new LOS ARCOS brand, Introduction of smart locks to the MIJAS series, Introduction of a shareholder-benefit program from the current fiscal year, Introduction and continuation of progressive dividends |
Items this document does not state (12)
Gross Profit MarginOperating profit marginNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 increase in properties sold, a stable track record of completions and growth in external orders, higher selling prices, and income from cancellation penalties were cited as factors driving performance. Regarding risks such as higher interest rates and construction-material prices, the company stated that their impact is currently limited or minor.
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.