Financial Highlights
Summary of the Results of the First Quarter of FY2027/3
In the First Quarter of FY2027/3, the net sales is 29,937 million yen (+9.6% in YoY), the operating profit is 6,425 million yen (+6.7% in YoY), the ordinary profit is 5,895 million yen (+1.9% in YoY), the profit attributing to owners of parent is 3,943 million yen (-0.9% in YoY).
Consolidated Profit & Loss Statements
Real Estate Revitalization Business
The number of property sales was 5 (up 1 from the previous fiscal year). Maintained a high profit margin and net sales and profits increased.
Real Estate Service Business
Although steady progress was made against the full-year forecast, net sales and profits decreased in a reaction to large-scale property sales in the same period last year.
Hotel and Tourism Business
Net sales and profits increased compared to the previous fiscal year due to an increase in the number of operating hotels despite the impact of reactionary decline from Expo 2025 Osaka, Kansai, Japan.
Others
Net sales and profits significantly increase due to the inclusion of the performance of the Otake Kenso Group acquired through M&A in October 2025.
Consolidated Balance Sheet
Inventories
Increased by 22.6 billion yen from the end of the previous fiscal year due to the acquisition and commercialization of replanning properties and the progress of construction projects in Hotel Development.
Interest-bearing debt
Increased by 11.9 billion yen from the end of the previous fiscal year, primarily due to an increase in interest-bearing debt accompanying progress in property acquisitions.
Net Assets
Despite the payment of year-end dividends totaling 2.0 billion yen, net assets increased by 15.7 billion yen from the end of the previous fiscal year, mainly due to a 6.7 billion yen increase in capital stock and a 6.7 billion yen increase in capital surplus resulting from the capital and business alliance with ITOCHU Corporation, as well as the recording of quarterly profit attributable to owners of the parent of 3.9 billion yen.
