Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-98
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Third quarter2023年4月1日〜2023年12月31日ConsolidatedJapanese GAAPNet Sales5,679¥ millionYear on year +2.8%Progress 75.5%
Operating profit-10¥ million
Ordinary income23¥ millionYear on year -85.9%Progress 21.5%
Net income attributable to owners of the parent2¥ millionYear on year -96.5%Progress 3.6%
The 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.
Net income per share¥0.32
Financial position at period-end
Total assets4,644¥ million
of which net assets 2,465 ¥ millionEquity ratio 52.5%vs. prior year-end -1.0pt
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.
Segment revenueReal Estate Business ¥4,578 million (YoY +4.0%), Hotel Business ¥776 million (YoY -7.3%), Investment Business ¥28 million
Segment profitReal Estate Business ¥138 million (YoY +41.6%), Hotel Business ¥-5 million, Investment Business ¥10 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥7,526 million (YoY +2.1%)
Operating profit¥56 million (YoY -60.4%)
Ordinary income¥107 million (YoY -53.7%)
Net income¥55 million (YoY -52.9%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥5 → ¥5（0.0%）
Factors Behind Changes in Business Performance
不動産事業は空室率低下による家賃収入増で増収増益。ホテル事業は成田ゲートウェイホテルの営業再開後の立ち上がりと中国団体客の回復鈍化により減収減益。投資事業は投資先株式の一部売却に伴うキャピタルゲインを計上。
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Fixed Assets ¥212 thousand / Extraordinary loss Loss on disposal of property, plant and equipment ¥74 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End8,912,089
Treasury Shares at Period-End624,659
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年4月1日〜2023年12月31日 |
| Net Sales | ¥5,679 million (YoY +2.8%) |
| Operating profit | ¥-10 million |
| Ordinary income | ¥23 million (YoY -85.9%) |
| Profit attributable to owners of the parent | ¥2 million (YoY -96.5%) |
| Net income per share | ¥0.32 |
| Equity ratio | End of the current fiscal period 52.5 / End of previous period 53.5 |
| Total assets | ¥4,644 million |
| Net assets | ¥2,465 million |
| Full-year earnings forecast | Net Sales ¥7,526 million (YoY +2.1%) / Operating profit ¥56 million (YoY -60.4%) / Ordinary income ¥107 million (YoY -53.7%) / Net income ¥55 million (YoY -52.9%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥5 → ¥5（0.0%） |
| Segment revenue | Real Estate Business ¥4,578 million (YoY +4.0%), Hotel Business ¥776 million (YoY -7.3%), Investment Business ¥28 million |
| Segment profit | Real Estate Business ¥138 million (YoY +41.6%), Hotel Business ¥-5 million, Investment Business ¥10 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on Sale of Fixed Assets ¥212 thousand / Extraordinary loss Loss on disposal of property, plant and equipment ¥74 thousand |
| 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 Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 8,912,089 |
| Treasury Shares at Period-End | 624,659 |
| Factors Behind Changes in Business Performance | 不動産事業は空室率低下による家賃収入増で増収増益。ホテル事業は成田ゲートウェイホテルの営業再開後の立ち上がりと中国団体客の回復鈍化により減収減益。投資事業は投資先株式の一部売却に伴うキャピタルゲインを計上。 |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossMaterial subsequent events
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.不動産事業は空室率の低下で家賃収入が増えた一方、ホテル事業は成田ゲートウェイホテルの営業再開後で稼働率を段階的に高めている過程にあり、中国からの団体客の戻りも鈍く、減収減益となった。投資事業では投資先株式の一部売却によるキャピタルゲインを得た。
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.