Financial Summary for the 2nd Quarter of the Fiscal Year Ending December 2026 (Interim) [Japanese GAAP] (Consolidated)

Overview of Performance

For the interim period, the consolidated results show revenue of 16,833 million yen, operating income of 2,033 million yen, ordinary income of 1,239 million yen, and net income attributable to owners of the parent of 810 million yen, all below the previous year’s levels. By segment, the DX Redevelopment Real Estate segment posted revenue of 8,744 million yen, up 52.4% YoY and solid, while the DX New Construction Real Estate segment posted revenue of 4,919 million yen, down 34.8%, constraining overall profitability. Cash and cash equivalents stood at 19,507 million yen, total assets at 108,213 million yen, and equity ratio at 27.2%. There are no changes to the full-year forecast, and inventories remain adequately secured. The stock split has been completed, and shareholder returns are based on 177 yen per share at the end of Q2, with 115 yen per share assumed for the full-year from the year-end onward.

Trends by Business Segment

The DX New Construction Real Estate business saw lower sales due to the sale of properties such as A＊G Rokkomatsu and THE EDGE Tenjin. Conversely, the DX Redevelopment Real Estate business expanded sales through high-price premium renovations, increasing revenue. The DX Real Estate Value Enhancement business saw a decrease in revenue due to the completion of investment sales, but segment profit increased. The Real Estate Leasing business benefited from stable operations of healthcare facilities and rental assets, resulting in higher revenue and profit.