Results for this period
Full year1 March 2025–28 February 2026Non-consolidated (standalone)Japanese 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.
While demand from end users remained firm due to the continuation of housing acquisition support measures and other factors, concerns arose over rising land prices and construction costs and the gradual raising of policy interest rates. The company focused on sales activities aimed at acquiring new land and securing sales contracts, as well as advancing its sales and delivery plans.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥42,144 million (YoY +5.0%) |
| Operating profit | ¥4,988 million (YoY -5.6%) |
| Ordinary income | ¥3,982 million (YoY -11.6%) |
| Profit attributable to owners of the parent | ¥2,623 million (YoY -16.0%) |
| Net income per share | ¥239.44 |
| Operating Margin | 11.8% |
| Equity ratio | End of the current fiscal period 30.7% / End of previous period 29.8% |
| Total assets | ¥113,076 million |
| Net assets | ¥34,721 million |
| Cash flows from operating activities | ¥-9,016 million |
| Cash flows from investing activities | ¥-2,792 million |
| Cash flows from financing activities | ¥7,271 million |
| Cash and cash equivalents at end of period | ¥10,295 million |
| Full-year earnings forecast | Net Sales ¥46,000 million (YoY +9.1%) / Operating profit ¥4,300 million (YoY -13.8%) / Ordinary income ¥3,000 million (YoY -24.7%) / Net income ¥2,100 million (YoY -20.0%) |
| Annual Dividend Forecast | ¥72 → ¥60（-16.7%） |
| Payout ratio | 30.1% |
| Segment revenue | Condominium Sales ¥34,175 million (YoY +11.6%), Detached Home Sales ¥1,763 million (YoY -4.7%), Other Real Estate Sales ¥2,680 million (YoY -37.7%), Real estate rental income ¥3,295 million (YoY +0.4%) |
| Segment profit | Condominium Sales ¥4,386 million (YoY +0.2%), Detached Home Sales ¥65 million (YoY -51.0%), Other Real Estate Sales ¥518 million (YoY -43.1%), Real estate rental income ¥1,045 million (YoY +1.1%) |
| Orders received and order backlog | Contracts entered into during the period ¥47,901,912 thousand / Contracted but undelivered balance ¥49,269,756 thousand |
| Depreciation and amortization | ¥843,428 thousand |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥61,563 thousand / Extraordinary loss Provision for allowance for doubtful accounts ¥196,188 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 11,100,000 shares |
| Treasury Shares at Period-End | 142,480 shares |
| Factors Behind Changes in Business Performance | While demand from end users remained firm due to the continuation of housing acquisition support measures and other factors, concerns arose over rising land prices and construction costs and the gradual raising of policy interest rates. The company focused on sales activities aimed at acquiring new land and securing sales contracts, as well as advancing its sales and delivery plans. |
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 company said that, while demand from end users remained firm due to the continuation of housing acquisition support measures and other factors, the business environment was affected by concerns over rising land prices and construction costs and higher policy interest rates. Against this backdrop, it worked to advance sales activities aimed at acquiring new land and securing sales contracts, as well as sales and delivery plans.