Worth reading
41Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
55.7
営業利益前年同四半期比減少率（％）Wording
Conditional
How definitive the wording is.Results for this period
First quarter2024年4月1日〜2024年6月30日ConsolidatedJapanese GAAPNet Sales1,935¥ millionYear on year +4.8%Progress 25.1%
Operating profit3¥ millionYear on year -55.7%Progress 3.0%
Ordinary income35¥ millionYear on year +15.6%Progress 25.0%
Net income attributable to owners of the parent18¥ millionYear on year +74.5%
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¥2.27
Financial position at period-end
Total assets4,481¥ million
of which net assets 2,514 ¥ millionEquity ratio 55.5%vs. prior year-end +1.2pt
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 ¥1,580,312 thousand (YoY +3.2%), Hotel Business ¥282,101 thousand (YoY +12.7%), Investment Business ¥0 thousand
Segment profitReal Estate Business ¥50,732 thousand (YoY -17.8%), Hotel Business ¥-466 thousand, Investment Business ¥-5,273 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥7,700 million (YoY +0.3%)
Operating profit¥100 million (YoY +101.2%)
Ordinary income¥140 million (YoY +37.6%)
Profit attributable to owners of the parent¥100 million (YoY +21.2%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥5 → ¥5（0.0%）
Factors Behind Changes in Business Performance
不動産売買事業の増収、家賃保証事業の規模拡大により不動産事業は増収となったが、レジデンス事業の管理戸数減少により減益。ホテル事業は増収となったものの、成田ゲートウェイホテルの稼働抑制、倉敷ロイヤルアートホテルの販管費増加により減益。
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 Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss No recognition
Depreciation and amortization¥25,008 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no attendees specified)
Issued Shares at Period-End8,912,089
Treasury Shares at Period-End682,269
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年6月30日 |
| Net Sales | ¥1,935 million (YoY +4.8%) |
| Operating profit | ¥3 million (YoY -55.7%) |
| Ordinary income | ¥35 million (YoY +15.6%) |
| Profit attributable to owners of the parent | ¥18 million (YoY +74.5%) |
| Net income per share | ¥2.27 |
| Equity ratio | End of the current fiscal period 55.5% / End of previous period 54.3% |
| Total assets | ¥4,481 million |
| Net assets | ¥2,514 million |
| Full-year earnings forecast | Net Sales ¥7,700 million (YoY +0.3%) / Operating profit ¥100 million (YoY +101.2%) / Ordinary income ¥140 million (YoY +37.6%) / Profit attributable to owners of the parent ¥100 million (YoY +21.2%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥5 → ¥5（0.0%） |
| Segment revenue | Real Estate Business ¥1,580,312 thousand (YoY +3.2%), Hotel Business ¥282,101 thousand (YoY +12.7%), Investment Business ¥0 thousand |
| Segment profit | Real Estate Business ¥50,732 thousand (YoY -17.8%), Hotel Business ¥-466 thousand, Investment Business ¥-5,273 thousand |
| Depreciation and amortization | ¥25,008 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income No recognition / Extraordinary loss No recognition |
| 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 Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (no attendees specified) |
| Issued Shares at Period-End | 8,912,089 |
| Treasury Shares at Period-End | 682,269 |
| Factors Behind Changes in Business Performance | 不動産売買事業の増収、家賃保証事業の規模拡大により不動産事業は増収となったが、レジデンス事業の管理戸数減少により減益。ホテル事業は増収となったものの、成田ゲートウェイホテルの稼働抑制、倉敷ロイヤルアートホテルの販管費増加により減益。 |
Items this document does not state (11)
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 backlogImpairment 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.不動産売買の増収と家賃保証事業の規模拡大が売上増に寄与した。一方、レジデンス事業の管理戸数減少、ホテル事業における稼働抑制や販管費増加が営業減益の主要因と説明している。
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.