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Presentation materials on financial results8935FJ NEXT HOLDINGS CO.,LTD.Real estate

Supplementary Explanatory Materials for the Fiscal Year Ending March 2026 Results

For the fiscal year ended March 2026, revenue, operating income, ordinary income and net income all increased, mainly due to higher condominium sales volumes, resulting in record-high performance. For the fiscal year ending March 2027, the company forecasts higher revenue and profits, along with an annual dividend of ¥80 per share.

Worth reading
46Recurring
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
51.8
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials on financial resultsFiscal year ending March 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥142,374 million+26.6%
Operating profit¥14,402 million+51.8%
Ordinary income¥14,356 million+51.8%
Net income¥10,010 million+54.4%
Selling, general and administrative expenses¥12,464 million
Full-year earnings forecast
Fiscal Period CoveredFiscal year ending March 2027
Net Sales
¥152,000 million
Operating profit
¥15,000 million
Ordinary income
¥15,000 million
Net income
¥10,500 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Planned condominium sales volume4,000 units
  • Raw material pricesExpected to rise
New initiatives
  • Launch of the GMO Rental DX Resident App
  • Introduction of “Co.Da.Wa.Rism (こだわり住む)” to the GALA Residence series
Key KPIsA metric the company considers important as a management benchmark.
  • Number of condominiums sold3,878 units
    Year on year against the same period last year+629 units
  • New condominiums handed over13 buildings
  • Buildings under management385 buildings
  • Number of units under building management26,262 units
  • Number of rental units under management20,307 units
  • Occupancy rate of rental properties under management99 %
  • Average days to sell pre-owned condominiums32 days
  • Projects in progress45 Projects
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of condominiums sold3,878 units
  • Average selling price of single-type units (GALA Condominium series)¥2,859 10,000
  • Average selling price of single-type pre-owned units¥3,100 10,000
  • Average days to sell pre-owned condominiums32 days
Segment results
  • Real estate development
    Net Sales¥127,725 million (YoY +27.9%)
    Profit¥12,453 million (YoY +56.5%)
  • Construction Business
    Net Sales¥8,988 million (YoY +28.8%)
    Profit¥829 million (YoY +184.1%)
  • Property Management Business
    Net Sales¥4,284 million (YoY +1.7%)
    Profit¥1,108 million (YoY -7.8%)
  • Ryokan business
    Net Sales¥1,333 million (YoY +2.7%)
    Profit¥-2 million
Financial targets
  • Equity ratio
    Actual value71.2
  • Interest-bearing debt dependence ratio
    Actual value13
Market Size / Share
  • Share of condominium supply for investment in the Tokyo metropolitan area12.2 %
  • Pre-owned condominium market size (Tokyo metropolitan area)
Orders received and order backlog
Carried-over construction orders
¥16,107 million
Annual Dividend
Annual dividend per share¥80
Interim¥40
End of period¥40
Payout ratio
25
Contents of this document
ItemDetails
Document typePresentation materials on financial results
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥142,374 million (YoY +26.6%)
Operating profit¥14,402 million (YoY +51.8%)
Ordinary income¥14,356 million (YoY +51.8%)
Net income¥10,010 million (YoY +54.4%)
Selling, general and administrative expenses¥12,464 million
Full-year earnings forecastFiscal Period Covered Fiscal year ending March 2027 / Net Sales ¥152,000 million / Operating profit ¥15,000 million / Ordinary income ¥15,000 million / Net income ¥10,500 million
Segment resultsSegment Real estate development / Net Sales ¥127,725 million (YoY +27.9%) / Profit ¥12,453 million (YoY +56.5%), Segment Construction Business / Net Sales ¥8,988 million (YoY +28.8%) / Profit ¥829 million (YoY +184.1%), Segment Property Management Business / Net Sales ¥4,284 million (YoY +1.7%) / Profit ¥1,108 million (YoY -7.8%), Segment Ryokan business / Net Sales ¥1,333 million (YoY +2.7%) / Profit ¥-2 million
Key KPIsIndicator name Number of condominiums sold / Value 3,878 units / Year on year against the same period last year +629 units, Indicator name New condominiums handed over / Value 13 buildings / Year on year against the same period last year Not disclosed, Indicator name Buildings under management / Value 385 buildings / Year on year against the same period last year Not disclosed, Indicator name Number of units under building management / Value 26,262 units / Year on year against the same period last year Not disclosed, Indicator name Number of rental units under management / Value 20,307 units / Year on year against the same period last year Not disclosed, Indicator name Occupancy rate of rental properties under management / Value 99 % / Year on year against the same period last year Not disclosed, Indicator name Average days to sell pre-owned condominiums / Value 32 days / Year on year against the same period last year Not disclosed, Indicator name Projects in progress / Value 45 Projects / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Number of condominiums sold / Value 3,878 units, Indicator name Average selling price of single-type units (GALA Condominium series) / Value ¥2,859 10,000, Indicator name Average selling price of single-type pre-owned units / Value ¥3,100 10,000, Indicator name Average days to sell pre-owned condominiums / Value 32 days
Assumptions Underlying the Business OutlookItem Planned condominium sales volume / Value 4,000 units, Item Raw material prices / Value Expected to rise
Financial targetsIndicator name Equity ratio / Actual value 71.2 %, Indicator name Interest-bearing debt dependence ratio / Actual value 13 %
Annual DividendAnnual dividend per share ¥80 / Interim ¥40 / End of period ¥40
Payout ratio25
Orders received and order backlogCarried-over construction orders ¥16,107 million
Market Size / ShareItem Share of condominium supply for investment in the Tokyo metropolitan area / Value 12.2 %, Item Pre-owned condominium market size (Tokyo metropolitan area) / Value Not disclosed
New initiativesLaunch of the GMO Rental DX Resident App, Introduction of “Co.Da.Wa.Rism (こだわり住む)” to the GALA Residence series
Items this document does not state (13)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesCapital expendituresKey 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.

Revenue and profits increased mainly because the number of condominiums sold rose. The real estate management business reported lower profits due to higher IT investment and personnel costs, including wages for condominium building managers. In the ryokan business, occupancy fell below expectations as travelers shifted toward lower-priced accommodation.

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Supplementary Explanatory Materials for the Fiscal Year Ending March 2026 Results | FJ NEXT HOLDINGS CO.,LTD. (8935) timely disclosure | Komori