Komori
Revision of earnings forecasts8999Grandy House CorporationReal Estate

Notice Regarding Revisions to the Numerical Targets in the Medium-Term Management Plan

The Company has lowered its numerical targets, including net sales, ordinary profit and net income attributable to owners of the parent, under the medium-term management plan ending in the fiscal year ending March 2027. The basic policy, management strategies, and policies on capital and profit distribution remain unchanged.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-50
¥100 million (sales)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 13 May 2024
Net Sales630→580Hundreds of millions of yen
-7.9%
Ordinary income30→16.5Hundreds of millions of yen
-45.0%
Profit attributable to owners of the parent20→11Hundreds of millions of yen
-45.0%

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

The business environment has changed substantially from when the medium-term management plan was formulated, as rising housing prices and the resulting stagnation in housing demand have progressed, among other factors.

Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales630 Hundreds of millions of yen → 580 Hundreds of millions of yen
Ordinary income30 Hundreds of millions of yen → 16.5 Hundreds of millions of yen
Profit attributable to owners of the parent20 Hundreds of millions of yen → 11 Hundreds of millions of yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast13 May 2024
Reason for the revisionThe business environment has changed substantially from when the medium-term management plan was formulated, as rising housing prices and the resulting stagnation in housing demand have progressed, among other factors.
Consolidated / non-consolidatedConsolidated
Items this document does not state (5)
Operating profitNet income per sharePrevious-period resultsDetails 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.

The business environment has changed substantially from when the medium-term management plan was formulated, due to rising housing prices and the resulting stagnation in housing demand, among other factors.

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 the Numerical Targets in the Medium-Term Management Plan | Grandy House Corporation (8999) timely disclosure | Komori