For the 3rd quarter of the fiscal year ending October 2026, consolidated net sales were 2,370,919 thousand yen, down 7.6% YoY. Operating income was 377,294 thousand yen, down 8.8% YoY, and quarterly net income attributable to owners of parent was 193,249 thousand yen, down. Full-year earnings guidance is unchanged from the previous forecast. Management services are the mainstay; development and sales services saw a decline in sales. 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Operating income was 377,294 thousand yen, down 8.8% YoY, and quarterly net income attributable to owners of parent was 193,249 thousand yen, down. Full-year earnings guidance is unchanged from the previous forecast. Management services are the mainstay; development and sales services saw a decline in sales. Equity ratio 30.1%. ","jir_summary":"### Performance overview\nFor the cumulative third quarter period, net sales were 2,370,919\u5343\u5186 (vs 2,566,815\u5343\u5186 in the same period last year, down 7.6%), with operating income of 377,294\u5343\u5186 (down 8.8% from the previous period), ordinary income of 289,562\u5343\u5186 (down 7.8%), and net income attributable to owners of parent of 193,249\u5343\u5186 (down 3.2%). Segment-wise, management services recorded net sales of 2,110,372\u5343\u5186 and operating income of 417,804\u5343\u5186; development and sales services recorded net sales of 260,546\u5343\u5186 and income of 82,104\u5343\u5186. While the urban center rental market remains solid, continued increases in material prices and interest rates affected performance. Efforts focused on securing stable revenue and planning\/developing rental property. The full-year forecast is in line with the figure announced on December 15, 2025.\n\n### Financial position and outlook\nTotal assets were 15,974,786\u5343\u5186, net assets 4,802,756\u5343\u5186, and equity ratio 30.1%. Liabilities stood at 11,172,029\u5343\u5186 with an increase YoY. To cover declines in cash and deposits, borrowings increased. The increase in assets was mainly due to acquisitions of business sites and completion of buildings. While the financial condition remains solid, short-term liquidity management requires ongoing attention.","jir_financial_highlights":"Sales: 2,370,919 thousand yen (YoY \u25b37.6\uff05)\nOperating income: 377,294 thousand yen (YoY \u25b38.8\uff05)\nOrdinary income: 289,562 thousand yen (YoY \u25b37.8\uff05)\nNet income attributable to owners of parent: 193,249 thousand yen (YoY \u25b33.2\uff05)\nTotal assets: 15,974,786 thousand yen (vs prior period\uff0b788,307 thousand yen)","jir_category":"","jir_hashtags":"","jir_key_figures":"Sales: 2,370,919 thousand yen\uff08YoY\u25b37.6\uff05\uff09\nOperating income: 377,294 thousand yen\uff08YoY\u25b38.8\uff05\uff09\nNet income attributable to owners of parent: 193,249 thousand yen\uff08YoY\u25b33.2\uff05\uff09","jir_meta_title":"\u3010\u30a2\u30fc\u30eb\u30a8\u30a4\u30b8\u30112026\u5e7410\u6708\u671f\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97\uff5c\u58f2\u4e0a\u9ad82,370,919\u5343\u5186\u3001\u7d14\u5229\u76ca193,249\u5343\u5186","jir_meta_description":"\u30a2\u30fc\u30eb\u30a8\u30a4\u30b8\u306e2026\u5e7410\u6708\u671f\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97\u3002\u58f2\u4e0a\u9ad8\u306f\u524d\u5e74\u6bd4\u3067\u6e1b\u5c11\u3001\u55b6\u696d\u5229\u76ca\u30fb\u7d14\u5229\u76ca\u3082\u6e1b\u3002\u904b\u55b6\u7ba1\u7406\u4e8b\u696d\u304c\u5b89\u5b9a\u53ce\u76ca\u8981\u7d20\u3001\u901a\u671f\u4e88\u60f3\u636e\u3048\u7f6e\u304d\u3002\u8ca1\u653f\u72b6\u614b\u306f\u7dcf\u8cc7\u7523\u7d04159.7\u5104\u5186\u3001\u81ea\u5df1\u8cc7\u672c\u6bd4\u738730.1\uff05\u3002","jir_og_title":"\u30a2\u30fc\u30eb\u30a8\u30a4\u30b8\u3001\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97\u3092\u767a\u8868\uff5c\u58f2\u4e0a\u9ad82,370,919\u5343\u5186","jir_og_description":"\u30a2\u30fc\u30eb\u30a8\u30a4\u30b8\u306e\u7b2c3\u56db\u534a\u671f\u6c7a\u7b97\u3002\u904b\u55b6\u7ba1\u7406\u304c\u5805\u8abf\u3001\u958b\u767a\u8ca9\u58f2\u306f\u6e1b\u5c11\u3002\u901a\u671f\u4e88\u60f3\u306f\u636e\u3048\u7f6e\u304d\u3002\u8ca1\u653f\u72b6\u614b\u306f\u7dcf\u8cc7\u7523159.75\u5104\u5186\u3001\u81ea\u5df1\u8cc7\u672c\u6bd4\u738730.1\uff05\u3002","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60927,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-112264","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n