Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 13 February 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the real estate sales business, increased property supply and the re-evaluation of buyers’ financing conditions and investment outlook led to changes in transaction terms and timing, resulting in property handovers being canceled or deferred to the following fiscal year or later. Geopolitical risks, expectations of higher domestic interest rates, stagnant demand in the real estate brokerage business, narrower margins due to price adjustments, restructuring costs and higher preparation costs for the RWA business also affected performance.
| Item | Details |
|---|---|
| Net Sales | 6,500 Millions of yen → 5,000 Millions of yen（-23.1%） |
| Operating profit | 220 Millions of yen → 50 Millions of yen（-77.3%） |
| Ordinary income | 200 Millions of yen → 23 Millions of yen（-88.5%） |
| Profit attributable to owners of the parent | 120 Millions of yen → 20 Millions of yen（-83.3%） |
| Net income per share | ¥5.05 / sen → ¥0.8 / sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Net Sales ¥4,541 million / Operating profit ¥195 million / Ordinary income ¥184 million / Profit attributable to owners of the parent ¥113 million / Net income per share ¥4.77 |
| Reason for the revision | In the real estate sales business, increased property supply and the re-evaluation of buyers’ financing conditions and investment outlook led to changes in transaction terms and timing, resulting in property handovers being canceled or deferred to the following fiscal year or later. Geopolitical risks, expectations of higher domestic interest rates, stagnant demand in the real estate brokerage business, narrower margins due to price adjustments, restructuring costs and higher preparation costs for the RWA business also affected performance. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.In the real estate sales business, increased property supply and the re-evaluation of buyers’ financing conditions and investment outlook led to changes in transaction terms and to property handovers being canceled or deferred to the following fiscal year or later. In addition, geopolitical risks, expectations of higher domestic interest rates, stagnant demand in the real estate brokerage business, narrower margins due to price adjustments prioritizing inventory turnover, restructuring costs and higher preparation costs for the RWA business affected performance.