An interim net loss was recorded due to concentration of condominium handovers in the second half, but full-year revenue is expected to be significantly accumulated due to project completions concentrated in Q4. Revenue 6,133 million yen, operating income 93 million yen, interim net loss 19 million yen. Contract progress 80.6%, scheduled handovers 366 units. Full-year forecast unchanged.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3280","jir_company_name":"STrust Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3280-20261014-03.pdf","jir_short_summary":"An interim net loss was recorded due to concentration of condominium handovers in the second half, but full-year revenue is expected to be significantly accumulated due to project completions concentrated in Q4. Revenue 6,133 million yen, operating income 93 million yen, interim net loss 19 million yen. Contract progress 80.6%, scheduled handovers 366 units. Full-year forecast unchanged.","jir_summary":"### Performance Overview\nFor Q2, revenue was 6,133 million yen, operating income was 93 million yen, and interim net loss was 19 million yen, representing substantial year-over-year declines in revenue and profit. The primary reason was recognition of an interim net loss due to condominium handovers being concentrated in the second half. However, operating income was maintained through land and other property sales. The full year is expected to continue to be weighted toward project completions in Q4.\n\n### Outlook and Progress\nThe full-year outlook remains generally in line with plan, and there are no revisions to earnings forecasts. Scheduled handovers total 366 units, with 295 units under contract, resulting in a contract progress rate of 80.6%. Inventories, specifically properties under development for sale, are progressing steadily, and potential sales in the condominium segment amount to approximately 63,000 million yen. Measures to mitigate the concentration of condominium handover timing are expected to be key to future earnings recovery.","jir_financial_highlights":"Revenue: 6,133 (Year-over-Year (YoY) -58.3%)\nOperating Income: 93 (Year-over-Year (YoY) -93.9%)\nInterim Net Loss: -19 (Year-over-Year (YoY) -101.8%)\nContract Progress Rate: 80.6% (Unknown)","jir_category":"","jir_hashtags":"#STrust, #Earnings, #SegmentAnalysis","jir_key_figures":"Revenue: 6,133 million yen (Year-over-Year (YoY) -58.3%)\nOperating Income: 93 million yen (Year-over-Year (YoY) -93.9%)\nInterim Net Loss: -19 million yen (Year-over-Year (YoY) -101.8%)","jir_meta_title":"STrust Co.,Ltd. FY2027 Q2 Earnings Presentation | Revenue 6,133 million yen, Interim Net Loss 19 million yen","jir_meta_description":"Analysis of STrust Co.,Ltd.'s FY2027 Q2 earnings: revenue 6,133 million yen, operating income 93 million yen, interim net loss 19 million yen. Impact from concentration of condominium handovers; full-year outlook unchanged. Contract progress rate 80.6%, scheduled handovers 366 units.","jir_og_title":"STrust Co.,Ltd. FY2027 Q2 Earnings Presentation | Key Metrics","jir_og_description":"Key takeaways from STrust Co.,Ltd.'s earnings presentation covering revenue, profit trends, and outlook.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"[{label:'2025.8\u671f',value:142 - \u3053\u308c\u306f\u30c0\u30df\u30fc\u306e\u4f8b\u3067\u3059}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"[{label:'2025.8\u671f',value:199}]\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"pie\", \"jir_chart_title\": \"Segment Revenue Composition\", \"jir_chart_json_data\": \"{}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Forecast vs Actual Comparison\", \"jir_chart_json_data\": \"{}\"}]","ir_related_company":59487,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-130473","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n