FY2026 Q2 (Interim) Financial Results Summary [Japanese GAAP] (Consolidated)

Performance Overview

Consolidated results for the second quarter (interim period) of FY2026 amounted to net sales of JPY 689,176 million (up 7.1% YoY), operating income of JPY 84,398 million (up 14.4% YoY), ordinary income of JPY 81,459 million (up 13.8% YoY), and interim net income attributable to owners of the parent of JPY 57,017 million (up 22.4% YoY). By segment, the detached housing-related business posted net sales of JPY 380,930 million (up 5.5% YoY) and operating income of JPY 43,118 million (up 5.3% YoY). The condominium business reported net sales of JPY 26,048 million (up 331.4% YoY) and operating income of JPY 4,451 million (compared to an operating loss of JPY 1,808 million in the same period last year). The rental property business recorded net sales of JPY 113,358 million (up 18.2% YoY) and operating income of JPY 13,251 million (up 21.1% YoY). The Pressance business had net sales of JPY 97,551 million (down 9.0% YoY) and operating income of JPY 14,222 million (up 0.3% YoY).

Financial Position and Dividend Status

Total assets at the end of the interim period of FY2026 stood at JPY 1,509,665 million, an increase of JPY 97,663 million from the previous fiscal year-end. Net assets increased by JPY 44,292 million to JPY 583,126 million, with a shareholders' equity ratio of 38.5%. Regarding dividends, an interim dividend of JPY 100 per share and a year-end dividend of JPY 100 per share are planned, totaling JPY 200, an increase from JPY 178 in the same period last year. The number of outstanding shares at the end of the period was 116,735,700 shares, a decrease compared to the same period last year due to treasury stock cancellations and acquisitions.

Revision of Consolidated Earnings Forecast

The full-year consolidated earnings forecast for FY2026 has been revised upward from net sales of JPY 1,485,000 million (up 11.1% YoY) to JPY 1,500,000 million (up 12.2% YoY). Operating income is revised from JPY 176,500 million (up 20.9% YoY) to JPY 180,000 million (up 23.3% YoY), ordinary income from JPY 167,000 million (up 19.7% YoY) to JPY 170,000 million (up 21.9% YoY), and net income attributable to owners of the parent from JPY 116,500 million (up 15.7% YoY) to JPY 118,500 million (up 17.7% YoY). Earnings per share are projected to increase from JPY 1,044.67 to JPY 1,062.61.