Financial Partners Group Co.,Ltd.
(Disclosure Update) Our Response Considering Future Tax Reform
Revised the sales forecast for the fiscal year ending September 2026 from 10 billion yen to 5,258.9 million yen. The decline is mainly due to reduced sales of real estate fractional ownership products caused by tax reforms.
Key Figures
- Net Sales: 52,589 million yen (Forecast for fiscal year ending September 2026, previously 100,000 million yen)
- Gross Profit: 8,829 million yen (Forecast for fiscal year ending September 2026, previously 16,000 million yen)
- Real Estate Fund Project Formation Amount: 73,480 million yen (Forecast for fiscal year ending September 2026, previously 120,000 million yen)
AI要約
Background for Revising Earnings Guidance
Following the 2026 tax reform outline announced in December 2025, the inheritance tax evaluation method for real estate fractional ownership products was revised, potentially causing a significant reduction or elimination of tax benefits. As a result, we have revised our earnings guidance for the fiscal year ending September 2026. In the first quarter, we temporarily suspended new sales and implemented special cancellation measures, which led to a significant decline in sales. However, in the second quarter, under a new sales policy formulated based on expert opinions, sales resumed and we confirmed stable demand. Nevertheless, first-half results fell short of the previous forecast.
Outlook and Response
As the details of the tax reform remain unpublished, we will carefully review the full-year plan and formulate a new sales policy after the details are disclosed, aiming to secure earnings. Sales for the fiscal year ending September 2026 are expected to be 52,589 million yen with gross profit at 8,829 million yen, representing a significant decrease from previous forecasts. Amounts for real estate fund project formations and real estate product sales are also projected to decline substantially.
