Financial Summary (Japanese GAAP) (Consolidated) for the Year Ending July 2026

Overview of results

Landnet recorded net sales of 109,953 million yen, operating income of 3,821 million yen, ordinary income of 3,274 million yen, and net income attributable to owners of the parent of 2,369 million yen for the year ending July 2026. Revenue rose 14.5% year over year, and while selling, general and administrative expenses increased, the gross profit margin improved. The two segments are Real Estate Brokerage and Rental Management, with total net sales of 109,953 million yen and segment profit of 3,821 million yen. Going forward, expansion of detached houses, apartments, and multi-property deals, along with system enhancements leveraging AI, and expansion of the LSEED series are planned.

Outlook and dividends

For the year ending July 2027, consolidated net sales are expected to reach 132,697 million yen (up 20.7% YoY), operating income 5,610 million yen (up 46.8%), ordinary income 4,740 million yen (up 44.8%), and net income attributable to owners of the parent 3,114 million yen (up 31.5%). The dividend policy is to provide stable and continuous dividends; the year-end dividend for the year ending July 2026 is planned at 11.10 yen, and 13.00 yen for the next year ending July 2027. Taking into account trends in the used condo market, the company aims to expand both purchase-for-resale and renovation sales, as well as brokerage transactions.