Fiscal Year Ending March 2026 Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

The consolidated results for the fiscal year ending March 2026 showed net sales of JPY 942,505 million (24.4% YoY increase), operating income of JPY 138,242 million (16.2% YoY increase), segment income of JPY 147,384 million (17.8% YoY increase), ordinary income of JPY 124,807 million (16.9% YoY increase), and net income attributable to owners of parent of JPY 82,880 million (10.8% YoY increase), resulting in increased revenue and profits. By segment, the Residential, Urban Development, Asset Management, Brokerage/CRE, and Property Management divisions achieved revenue and profit growth, whereas the Overseas segment experienced declines in both sales and profit. The equity ratio rose to 28.5%, improving financial stability.

Outlook and Dividend Policy

The consolidated earnings guidance for the fiscal year ending March 2027 projects net sales of JPY 1,080,000 million (14.6% YoY increase), operating income of JPY 140,000 million (1.3% YoY increase), and net income attributable to owners of parent of JPY 86,000 million (3.8% YoY increase). The annual dividend for fiscal 2026 is set at JPY 40.00 per share (dividend payout ratio 41.4%), with a forecast of JPY 44.00 per share for fiscal 2027. Based on the long-term management policy, the company will continue its dividend policy targeting a total return ratio of 40-50% and a DOE of 4% or higher.