Wadakohsan Corporation Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending February 2027 [Japanese GAAP] (Non-consolidated)

Earnings Overview

In the second quarter (interim) of the fiscal year ending February 2027, Wadakohsan Corporation recorded net sales of 22,182 million yen, operating income of 2,049 million yen, ordinary income of 1,425 million yen, and interim net income of 962 million yen. While net sales were virtually unchanged year-over-year, operating income, ordinary income, and interim net income each declined significantly by approximately 25% to 41%. By segment, contributions came from condominium sales, detached housing sales, other real estate sales, and rental income, with cash flow impacts from sales-related activities particularly notable. The full-year forecast remains unchanged, with projected net sales of 46,000 million yen and net income of 2,100 million yen.

Capital Policy and Financial Position

At the end of the interim period, total assets stood at 120,139 million yen, net assets at 35,293 million yen, the equity ratio at 29.4%, and cash and cash equivalents at 12,419 million yen. An increase in long-term borrowings and a decrease in advance receipts have affected the financial structure. Operating cash flow was negative while financing activities contributed positively to cash flow. Future funding plans and fundraising trends will be key points to watch.