LANDNET Inc.

2991.T
Real Estate Services
2026/08/21 Updated
Market Cap: $82.1M (¥13.1B)
Stock Price: $3.43 (¥545)
Exchange Rate: 1 USD = ¥158.98

Consolidated Financial Results for the Third Quarter of Fiscal Year Ending July 2026 (Japanese GAAP)

For the consolidated results for the third quarter of the fiscal year ending July 2026, sales are expected to increase year over year, but profitability is projected to decline due to deal screening, falling short of expectations. Selling, general and administrative expenses are kept at an appropriate level against cost containment and workforce expansion. Funding framework and trend in net sales are stable. Expansion of family-type properties centered on classified condominiums and maintaining/expanding the share of direct procurement through data base and RCP utilization.

Importance:
Page Updated: July 12, 2026
IR Disclosure Date: June 12, 2026
決算

Key Figures

  • Net sales (3Q cumulative): 24,312 million yen (3Q cumulative, YoY not disclosed)
  • Net sales (full-year budget): 110,598 million yen
  • Operating income: 1,124 million yen (3Q)

AI要約

Overview of Results

Net sales for the third quarter have partly resolved the delay from the first half, but profitability has declined due to deal screening, which may lead to full-year plan underachievement. Gross margin is broadly stable, SG&A ratio remains at 11.95% at an appropriate level. SG&A is expected to rise with large-scale hiring, but the company is aimed at improving profitability despite organizational expansion. To maintain financial soundness, cooperation with multiple financial institutions to strengthen cash flow.

Growth Strategy and KPI

We will promote the expansion of the database for segmented condominiums (family/house/apartment, etc.) and the share of direct-in purchases. Increase handling of family-type properties and improve gross profit per transaction. Number of managed units exceeded 10,000 (+794 from the previous fiscal year-end), occupancy rate sustainably above 98% in the long term. Nationwide expansion accelerated through branch expansion in Okinawa, Fukuoka, Shibuya, and other areas.

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LANDNET Co., Ltd.

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