【FPG】2026 Q3 Financial Results｜Sales ¥5.1 billion (Down 43.3% YoY)

Performance Overview

FPG Corporation recorded sales of ¥5.1 billion in the third quarter of the fiscal year ending September 2026, reflecting a 43.3% decrease compared to the same period last year. The leasing fund business remained strong, contributing to increased sales and profits; however, overall sales significantly declined due to decreased sales of domestic and international real estate funds. Gross profit was ¥2.6355 billion (down 3.2%), operating income was ¥1.7619 billion (down 8.6%), and net income attributable to owners of the parent was ¥1.2202 billion (down 12.0%). The decrease was partly due to increased bonus expenses and gains from property sales, which were temporary.

Outlook and Impact on Shareholders

Going forward, the company plans to recover sales through the resurgence of domestic real estate sales and proactive sales of large-scale projects, aiming to return to growth after 2027, supported by the tax-saving effects of real estate fractional ownership products. As part of its capital policy, the company has implemented share buybacks and cancellations, continuing shareholder returning initiatives. In the medium term, the company aims for sales exceeding ¥100 billion by diversifying its business and exploring overseas projects.