Financial Summary for Q1 Fiscal Year Ending September 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

For Q1 of the fiscal year ending September 2026, consolidated results were as follows: net sales of JPY 329,850 million (up 4.3% YoY), operating income of JPY 40,292 million (up 17.3% YoY), ordinary income of JPY 39,246 million (up 13.3% YoY), and net income attributable to owners of parent of JPY 27,407 million (up 19.6% YoY). By segment, the Detached Housing Business posted net sales of JPY 198,723 million (down 1.7% YoY) and operating income of JPY 23,040 million (down 0.7% YoY). The Condominium Business, affected by fewer deliveries, recorded net sales of JPY 8,256 million (up 129.8% YoY) but operating loss of JPY 572 million. The Rental Real Estate Business saw significant growth with net sales of JPY 50,690 million (up 64.5% YoY) and operating income of JPY 7,133 million (up 100.5% YoY). Other Businesses reported net sales of JPY 34,532 million (down 5.5% YoY) and operating income of JPY 3,842 million (down 4.1% YoY).

Financial Position and Dividend Outlook

Total assets stood at JPY 1,435,516 million, an increase of JPY 23,514 million from the end of the previous consolidated fiscal year, and net assets amounted to JPY 557,348 million, up JPY 18,513 million. The equity ratio improved to 38.7% from 38.1% at the previous fiscal year-end. The annual dividend forecast for the fiscal year ending September 2026 is JPY 200 (JPY 100 at the end of Q2 and JPY 100 at year-end), reflecting an increase from JPY 178 in the previous year. Shares outstanding decreased to 116,707,300 due to treasury stock acquisitions and cancellations.