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Financial results presentation8946ASIAN STAR CO.Real Estate

ASIAN STAR Growth Vision Rise up Plan 2027 | Strengthening the AS Value Chain

The full-year forecast for the fiscal year ending December 2026 has been changed from net sales of ¥6.5 billion to ¥5 billion and operating income of ¥220 million to ¥50 million, among other revisions. In response, the Company will rebuild its earnings base, including the number of properties under management, sales channels and fund management, and advance new initiatives using RWA and BNB.

Worth reading
31Immaterial
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
1500
Millions of yen (reduction in revenue forecast)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Medium-Term Management Plan PresentationFiscal year ending December 20263 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales5,000 Millions of yen
Operating profit50 Millions of yen
Ordinary income23 Millions of yen
Net income20 Millions of yen
Full-year earnings forecast
Net Sales
5,000 Millions of yen
Operating profit
50 Millions of yen
Ordinary income
23 Millions of yen
Net income for the current fiscal year
20 Millions of yen
What the company explained in this material
New initiatives
  • Proof of concept for Japanese real estate RWA using BNB Chain
  • Expand property management and brokerage channels through collaboration with HomeRing
  • Strengthen real estate sales using alliance loans
  • Agency sales of properties in the United States and United Kingdom
  • Introduce a shareholder benefit program using BNB
Key KPIsA metric the company considers important as a management benchmark.
  • Number of properties managed by ASIAN STAR2,126 units
  • Number of properties managed by HomeRing693 units
  • Projected management scale after completion of the alliance2,819 units
    Year on year against the same period last year+32.6%
Medium-term management plan targets
Rise up Plan 2027. Maintain the basic policy of the medium-term management plan and strengthen functions including property management, leasing and brokerage, real estate sales, investment and asset management.
Contents of this document
ItemDetails
Document typeMedium-Term Management Plan Presentation
Fiscal Period CoveredFiscal year ending December 2026
Net Sales5,000 Millions of yen
Operating profit50 Millions of yen
Ordinary income23 Millions of yen
Net income20 Millions of yen
Full-year earnings forecastNet Sales 5,000 Millions of yen / Operating profit 50 Millions of yen / Ordinary income 23 Millions of yen / Net income for the current fiscal year 20 Millions of yen
Key KPIsIndicator name Number of properties managed by ASIAN STAR / Value 2,126 units / Year on year against the same period last year Not disclosed, Indicator name Number of properties managed by HomeRing / Value 693 units / Year on year against the same period last year Not disclosed, Indicator name Projected management scale after completion of the alliance / Value 2,819 units / Year on year against the same period last year +32.6%
Medium-term management plan targetsRise up Plan 2027. Maintain the basic policy of the medium-term management plan and strengthen functions including property management, leasing and brokerage, real estate sales, investment and asset management.
New initiativesProof of concept for Japanese real estate RWA using BNB Chain, Expand property management and brokerage channels through collaboration with HomeRing, Strengthen real estate sales using alliance loans, Agency sales of properties in the United States and United Kingdom, Introduce a shareholder benefit program using BNB
Items this document does not state (21)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

The Company explained that it is revising its earnings forecast to address its current earnings challenges. It has not disclosed a breakdown of the amounts attributable to the specific factors behind the reduction.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
ASIAN STAR Growth Vision Rise up Plan 2027 | Strengthening the AS Value Chain | ASIAN STAR CO. (8946) timely disclosure | Komori