Fiscal Year Ending December 2026 – Third Quarter Financial Summary [Japanese GAAP] (Consolidated)

Key Financial Results

This financial summary presents consolidated results for the third quarter of the fiscal year ending December 2026. Revenue was in the 40.9 billion yen range, down Year-over-Year by -12.8%. Operating income was approximately 4.683 billion yen, ordinary income approximately 3.71 billion yen, and quarterly net income attributable to owners of the parent approximately 2.32 billion yen. The full-year forecast remains unchanged from the previously announced figures. By segment, revenue from property sales decreased while rental and other businesses contributed to increased profit. Decreases in cash and cash equivalents and fluctuations in properties held for sale affected the financial position.

Outlook and Risks

Market conditions remain uncertain; movements in reference land prices, interest rate trends, and supply-demand balance in the domestic real estate market may impact results. Trends in large transactions and changes in demand from overseas investors are also points of attention. It is necessary to refer to supplemental financial materials to understand the underlying assumptions.