Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese 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.
Against a backdrop of improving employment and income conditions and firm demand in the asset-management condominium market, the company advanced the development of branded condominiums, sales of used condominiums, enhancements to its customer support system and brand-strengthening initiatives. In the construction business, an increase in the number of projects and a higher proportion of orders for large-scale projects contributed.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥71,264 million (YoY +12.4%) |
| Operating profit | ¥8,040 million (YoY +48.3%) |
| Ordinary income | ¥8,023 million (YoY +48.8%) |
| Profit attributable to owners of the parent | ¥5,504 million (YoY +49.4%) |
| Net income per share | ¥168.04 |
| Equity ratio | End of the current fiscal period 72.5 / End of previous period 71.2 |
| Total assets | ¥117,687 million |
| Net assets | ¥85,371 million |
| Cash flows from operating activities | ¥114 million |
| Cash flows from investing activities | ¥-877 million |
| Cash flows from financing activities | ¥-844 million |
| Cash and cash equivalents at end of period | ¥21,082 million |
| Full-year earnings forecast | Net Sales ¥152,000 million (YoY +6.8%) / Operating profit ¥15,000 million (YoY +4.2%) / Ordinary income ¥15,000 million (YoY +4.5%) / Net income ¥10,500 million (YoY +4.9%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 66 Yen → 80 Yen（+21.2%） |
| Segment revenue | Real Estate Development Business ¥62,189 million (YoY +10.9%), Real Estate Management Business ¥2,256 million (YoY +6.4%), Construction Business ¥6,180 million (YoY +33.8%), Ryokan Business ¥615 million (YoY +5.1%), Other ¥22 million (YoY +6.8%) |
| Segment profit | Real Estate Development Business ¥7,073 million (YoY +55.8%), Real Estate Management Business ¥458 million (YoY -18.1%), Construction Business ¥555 million (YoY +50.2%), Ryokan Business ¥-59 million, Other ¥12 million (YoY +11.8%) |
| Depreciation and amortization | ¥197 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New — companies / Excluded — companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed / Details A video presentation on the financial results is scheduled to be released. |
| Issued Shares at Period-End | 34,646,500 shares |
| Treasury Shares at Period-End | 1,879,015 shares |
| Factors Behind Changes in Business Performance | Against a backdrop of improving employment and income conditions and firm demand in the asset-management condominium market, the company advanced the development of branded condominiums, sales of used condominiums, enhancements to its customer support system and brand-strengthening initiatives. In the construction business, an increase in the number of projects and a higher proportion of orders for large-scale projects contributed. |
Items this document does not state (8)
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.Against a backdrop of improving employment and income conditions, the effects of various policies, firm rental demand in the asset-management condominium market and greater awareness of investment products, the company advanced the development of the GALA condominium series and other properties, sales of used condominiums, enhancements to its customer support system and brand-strengthening initiatives. In the construction business, an increase in the number of projects and a higher proportion of orders for large-scale projects also contributed.