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.
The number of new and existing homes sold declined as higher housing prices dampened housing demand, while profits from real estate sales improved through rigorous inventory and expense management. Real estate leasing posted higher revenue and profit on steady occupancy, while profits from building materials sales deteriorated due to weak housing demand, intensifying competition and higher depreciation expenses associated with the introduction of new equipment.
Not applicable.
| 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 | ¥52,980 million (YoY -1.8%) |
| Operating profit | ¥1,892 million (YoY +56.1%) |
| Ordinary income | ¥1,485 million (YoY +61.7%) |
| Profit attributable to owners of the parent | ¥916 million (YoY +88.6%) |
| Net income per share | ¥31.74 |
| Operating Margin | 3.6 |
| Equity ratio | End of the current fiscal period 36.5 / End of previous period 36.2 |
| Total assets | ¥68,943 million |
| Net assets | ¥25,174 million |
| Cash flows from operating activities | ¥1,812 million |
| Cash flows from investing activities | ¥-2,041 million |
| Cash flows from financing activities | ¥-691 million |
| Cash and cash equivalents at end of period | ¥9,922 million |
| Full-year earnings forecast | Net Sales ¥58,000 million (YoY +9.5%) / Operating profit ¥2,000 million (YoY +5.7%) / Ordinary income ¥1,650 million (YoY +11.1%) / Profit attributable to owners of the parent ¥1,100 million (YoY +20.0%) |
| Annual Dividend Forecast | ¥32 → ¥32（0.0%） |
| Payout ratio | 100.8 |
| Shareholder Return Policy | The company targets a dividend on equity (DOE) of approximately 3.5% and intends to maintain annual dividends per share at no less than ¥32. |
| Segment revenue | Real estate sales business ¥49,735,397 thousand (YoY -2.1%), Building materials sales business ¥2,783,828 thousand (YoY +2.6%), Real Estate Leasing Business ¥461,707 thousand (YoY +3.2%) |
| Segment profit | Real estate sales business ¥1,231,762 thousand (YoY +111.3%), Building materials sales business ¥-4,730 thousand, Real Estate Leasing Business ¥248,436 thousand (YoY +4.4%) |
| Depreciation and amortization | ¥392,191 thousand |
| Impairment loss | ¥3,210 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥709 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥13,421 thousand, Impairment Losses ¥3,210 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 30,823,200 |
| Treasury Shares at Period-End | 1,827,335 |
| Factors Behind Changes in Business Performance | The number of new and existing homes sold declined as higher housing prices dampened housing demand, while profits from real estate sales improved through rigorous inventory and expense management. Real estate leasing posted higher revenue and profit on steady occupancy, while profits from building materials sales deteriorated due to weak housing demand, intensifying competition and higher depreciation expenses associated with the introduction of new equipment. |
Items this document does not state (3)
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 number of newly built homes sold declined as higher housing prices dampened housing demand, resulting in lower revenue, while profits from real estate sales improved through rigorous inventory and expense management. Real estate leasing posted higher revenue and profit on steady occupancy of properties held, while profits from sales of building materials deteriorated due to weak housing demand and higher depreciation expenses.