Results for this period
First quarter1 March 2026–31 May 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.
The number of condominium units handed over was 67.2% of the level in the same period of the previous year, resulting in lower revenue and profit from this business. Meanwhile, the handover of 7 detached houses, the sale of 5 other real estate properties, and higher occupancy rates for rental properties led to higher revenue and profit from the other businesses.
There are no applicable matters to report regarding notes on the going-concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2026–31 May 2026 |
| Net Sales | 11,068 Millions of yen (YoY -10.1%) |
| Operating profit | 1,030 Millions of yen (YoY -40.6%) |
| Ordinary income | 747 Millions of yen (YoY -50.6%) |
| Profit attributable to owners of the parent | 617 Millions of yen (YoY -44.3%) |
| Net income per share | ¥56.39 |
| Equity ratio | End of the current fiscal period 29.5 / End of previous period 30.7 |
| Total assets | 118,434 Millions of yen |
| Net assets | 34,928 Millions of yen |
| Full-year earnings forecast | Net Sales 46,000 Millions of yen (YoY +9.1%) / Operating profit 4,300 Millions of yen (YoY -13.8%) / Ordinary income 3,000 Millions of yen (YoY -24.7%) / Net income 2,100 Millions of yen (YoY -20.0%) |
| Annual Dividend Forecast | ¥72 → ¥60（-16.7%） |
| Segment revenue | Condominium Sales ¥7,846,504 thousand, Detached Home Sales ¥378,388 thousand, Other Real Estate Sales ¥1,926,880 thousand, Real estate rental income ¥841,947 thousand, Other (outside reportable segments) ¥74,418 thousand |
| Segment profit | Condominium Sales ¥718,199 thousand, Detached Home Sales ¥47,391 thousand, Other Real Estate Sales ¥219,596 thousand, Real estate rental income ¥163,737 thousand, Other (outside reportable segments) ¥43,637 thousand |
| Orders received and order backlog | Contracts entered into during the period ¥9,345,806 thousand / Contracted but undelivered balance ¥48,463,790 thousand |
| Depreciation and amortization | ¥231,899 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥109,558 thousand / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | There are no applicable matters to report regarding notes on the going-concern assumption. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 11,100,000 |
| Treasury Shares at Period-End | 142,480 |
| Factors Behind Changes in Business Performance | The number of condominium units handed over was 67.2% of the level in the same period of the previous year, resulting in lower revenue and profit from this business. Meanwhile, the handover of 7 detached houses, the sale of 5 other real estate properties, and higher occupancy rates for rental properties led to higher revenue and profit from the other businesses. |
Items this document does not state (12)
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 explained that, because revenue from condominium sales is recognized when units are handed over after completion, quarterly results fluctuate depending on the timing of development and construction. It also noted that land prices and construction costs are rising. In addition, increases in resource prices and general prices, as well as higher housing loan and policy interest rates, were cited as concerns.