Results for this period
Full year1 April 2025–31 March 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.
Lower demand for housing purchases due to rising interest rates, persistently high land acquisition prices, and persistently high construction costs due to higher raw material and energy prices. For the next fiscal year, the company cites its contract and sales negotiation pipeline, planned acquisitions of well-located properties, the completion of sales of low-margin properties, planned acquisitions of higher-margin properties, and the passing through of higher selling prices for high-value-added properties.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥3,130 million (YoY -4.4%) |
| Operating profit | ¥41 million (YoY +106.0%) |
| Ordinary income | ¥37 million (YoY +141.4%) |
| Profit attributable to owners of the parent | ¥25 million (YoY -46.0%) |
| Net income per share | ¥12.50 |
| Operating Margin | 1.3% |
| Equity ratio | End of the current fiscal period 61.7 / End of previous period 57.3 |
| Total assets | ¥6,679 million |
| Net assets | ¥4,122 million |
| Cash flows from operating activities | ¥-235 million |
| Cash flows from investing activities | ¥-36 million |
| Cash flows from financing activities | ¥-492 million |
| Cash and cash equivalents at end of period | ¥700 million |
| Full-year earnings forecast | Net Sales ¥3,535 million (YoY +12.9%) / Operating profit ¥115 million (YoY +180.5%) / Ordinary income ¥105 million (YoY +183.8%) / Profit attributable to owners of the parent ¥70 million (YoY +180.0%) |
| Annual Dividend Forecast | ¥25 → ¥25（0.0%） |
| Payout ratio | Fiscal year ending March 2026 200 % / Forecast for the fiscal year ending March 2027 71.4 % |
| Shareholder Return Policy | Stable and continuous implementation (no numerical target stated) |
| Segment revenue | Speculative housing business ¥3,053,771 thousand, Contract housing business ¥39,505 thousand, Detached subdivision housing business, subtotal ¥3,093,277 thousand, Real estate brokerage business ¥10,883 thousand, Real Estate Leasing Business ¥26,088 thousand |
| Segment profit | Speculative housing business ¥418,853 thousand, Contract housing business ¥3,999 thousand, Detached subdivision housing business, subtotal ¥422,852 thousand, Real estate brokerage business ¥101,751 thousand, Real Estate Leasing Business ¥20,358 thousand |
| Regional sales | Not applicable, as there are no sales to overseas customers |
| Depreciation and amortization | ¥12,960 thousand |
| Impairment loss | Not applicable for the current fiscal year (impairment losses on fixed assets by reporting segment) |
| Breakdown of extraordinary income (loss) | Fiscal year ending March 2026 Neither extraordinary income nor extraordinary loss was recorded / Fiscal year ending March 2025 Extraordinary income Gain on sale of investment securities ¥54,977 thousand / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 2,012,000 |
| Treasury Shares at Period-End | 274 |
| Factors Behind Changes in Business Performance | Lower demand for housing purchases due to rising interest rates, persistently high land acquisition prices, and persistently high construction costs due to higher raw material and energy prices. For the next fiscal year, the company cites its contract and sales negotiation pipeline, planned acquisitions of well-located properties, the completion of sales of low-margin properties, planned acquisitions of higher-margin properties, and the passing through of higher selling prices for high-value-added properties. |
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.The company expects sales to increase in the next fiscal year due to an increase in the number of units sold, supported by its current contract and sales negotiation pipeline and planned acquisitions of well-located properties in Sakai and Tondabayashi. Factors cited for profit growth include the completion of sales of low-margin properties, planned acquisitions of higher-margin properties, and the passing through of higher selling prices for high-value-added properties. Regarding the market environment, the company explained that rising interest rates are reducing demand for housing purchases, while higher raw material and energy prices are keeping construction costs elevated.