Komori
Revision of earnings forecasts8999Grandy House CorporationReal Estate

Notice Regarding Revisions to Full-Year Earnings Forecast

The full-year forecasts for the fiscal year ending March 2026 have been revised, with net sales lowered and profit raised on both a consolidated and non-consolidated basis. On a consolidated basis, net sales are expected to decline 7.1%, while net income attributable to owners of the parent is expected to increase 31.0%.

Worth reading
79Important
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
31
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 14 May 2025
Net SalesConsolidated57,000→52,980million
-7.1%
Net SalesIndividual25,500→25,101million
-1.6%
Operating profitConsolidated1,600→1,892million
+18.3%
Operating profitIndividual—→—million
—
Ordinary incomeConsolidated1,200→1,485million
+23.8%
Ordinary incomeIndividual1,400→1,923million
+37.4%
Profit attributable to owners of the parentConsolidated700→916million
+31.0%
Profit attributable to owners of the parentIndividual1,200→1,589million
+32.5%
Net income per shareConsolidated24.27→31.74yen and sen
+30.8%
Net income per shareIndividual41.61→55.05yen and sen
+32.3%

The 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.

Reason for the revision

On a consolidated basis, net sales are expected to fall below the initial forecast because demand for housing has remained sluggish amid rising sales prices for new-build homes, while profit is expected to exceed the initial forecast as profitability improves through inventory and expense management. On a non-consolidated basis, sales in the Tochigi Prefecture area are progressing generally in line with the plan, and profit is expected to exceed the initial forecast due to the improvement in profitability resulting from inventory management.

Previous-period resultsConsolidated Net Sales 53,960 / Operating profit 1,212 / Ordinary income 918 / Profit attributable to owners of the parent 486 / Net income per share 17.01 / Individual Net Sales 24,447 / Ordinary income 1,335 / Net income for the current fiscal year 1,172 / Net income per share 41.04
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net SalesConsolidated 57,000 / Individual 25,500 → Consolidated 52,980 / Individual 25,101(Consolidated -7.1 / Individual -1.6)
Operating profitConsolidated 1,600 / Individual Not disclosed → Consolidated 1,892 / Individual Not disclosed(Consolidated 18.3 / Individual Not disclosed)
Ordinary incomeConsolidated 1,200 / Individual 1,400 → Consolidated 1,485 / Individual 1,923(Consolidated 23.8 / Individual 37.4)
Profit attributable to owners of the parentConsolidated 700 / Individual 1,200 → Consolidated 916 / Individual 1,589(Consolidated 31 / Individual 32.5)
Net income per shareConsolidated 24.27 / Individual 41.61 → Consolidated 31.74 / Individual 55.05
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast14 May 2025
Previous-period resultsConsolidated Net Sales 53,960 / Operating profit 1,212 / Ordinary income 918 / Profit attributable to owners of the parent 486 / Net income per share 17.01 / Individual Net Sales 24,447 / Ordinary income 1,335 / Net income for the current fiscal year 1,172 / Net income per share 41.04
Reason for the revisionOn a consolidated basis, net sales are expected to fall below the initial forecast because demand for housing has remained sluggish amid rising sales prices for new-build homes, while profit is expected to exceed the initial forecast as profitability improves through inventory and expense management. On a non-consolidated basis, sales in the Tochigi Prefecture area are progressing generally in line with the plan, and profit is expected to exceed the initial forecast due to the improvement in profitability resulting from inventory management.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

On a consolidated basis, net sales are expected to fall below the initial forecast because demand for housing has remained sluggish amid rising sales prices for new-build homes, while profitability is expected to improve through inventory and expense management. On a non-consolidated basis, sales in the Tochigi Prefecture area are progressing generally in line with the plan, and profit is expected to exceed the initial forecast as profitability improves through inventory management.

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.
Notice Regarding Revisions to Full-Year Earnings Forecast | Grandy House Corporation (8999) timely disclosure | Komori