Revenue decreased to 40.9 hundred million yen (YoY -12.8%), operating income 4.6 hundred million yen (-34.2%), ordinary income 3.7 hundred million yen (-41.2%), and quarterly net income attributable to owners of parent 2.3 hundred million yen (-44.7%). Sales expanded in regional areas, while a decline in sales of high-priced residential properties had a significant impact. Full-year progress is 66.4%, with a plan to recover through large property sales in 4Q.<\/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":"3299","jir_company_name":"MUGEN ESTATE Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/3299-20261113-02.pdf","jir_short_summary":"Revenue decreased to 40.9 hundred million yen (YoY -12.8%), operating income 4.6 hundred million yen (-34.2%), ordinary income 3.7 hundred million yen (-41.2%), and quarterly net income attributable to owners of parent 2.3 hundred million yen (-44.7%). Sales expanded in regional areas, while a decline in sales of high-priced residential properties had a significant impact. Full-year progress is 66.4%, with a plan to recover through large property sales in 4Q.","jir_summary":"### Summary of Results\nConsolidated Q3 results: revenue was 40.9 hundred million yen (YoY -12.8%), operating income 4.6 hundred million yen (YoY -34.2%), ordinary income 3.7 hundred million yen (YoY -41.2%), and quarterly net income attributable to owners of parent was 2.3 hundred million yen (YoY -44.7%). Weakness in sales of high-priced residential properties significantly affected results. By segment, property purchasing and resale underperformed, leading to a sharp decline in residential real estate sales, while sales expanded in regional areas. Progress toward the full-year is approximately 66.4% for revenue and about 48.6% for net income.\n\n### Outlook and Policy\nThe company plans to recover sales in 4Q through large property transactions to achieve full-year targets. In light of reduced demand from overseas investors, the company will strengthen cooperation with financial institutions, including regional banks, to expand its sales network. Progress and sales of development projects such as the Soka Project will be advanced, and leasing of completed properties will be reinforced. Purchases will be conducted cautiously while monitoring market trends to respond to changes in the real estate market.","jir_financial_highlights":"Revenue: 40,928 (Year-over-Year -12.8%)\nOperating Income: 4,683 (Year-over-Year -34.2%)\nOrdinary Income: 3,710 (Year-over-Year -41.2%)\nQuarterly Net Income Attributable to Owners of Parent: 2,320 (Year-over-Year -44.7%)","jir_category":"","jir_hashtags":"#MUGEN_ESTATE, #Earnings, #MidtermPlan, #RegionalSalesExpansion","jir_key_figures":"Revenue: 40,928 million yen (Year-over-Year -12.8%)\nOperating Income: 4,683 million yen (Year-over-Year -34.2%)\nOrdinary Income: 3,710 million yen (Year-over-Year -41.2%)","jir_meta_title":"MUGEN ESTATE Co.,Ltd. Q3 FY2026 Results | Revenue 40.9 Hundred Million Yen, Net Income 2.3 Hundred Million Yen","jir_meta_description":"Summary of MUGEN ESTATE Co.,Ltd.'s Q3 FY2026 results: revenue 40.9 hundred million yen, operating income 4.6 hundred million yen, ordinary income 3.7 hundred million yen, quarterly net income 2.3 hundred million yen. Regional sales expanded while high-end residential sales softened. Progress to full-year targets is 66.4%, with plans to recover in 4Q.","jir_og_title":"MUGEN ESTATE Co.,Ltd. | Q3 FY2026 Earnings Summary","jir_og_description":"A summary of MUGEN ESTATE Co.,Ltd.'s Q3 results, covering revenue and profit trends, regional sales expansion, and the company's forward policy.","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\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024 3Q\\\",\\\"2025 3Q\\\",\\\"2026 3Q\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[46959,40928,40928]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024 3Q\\\",\\\"2025 3Q\\\",\\\"2026 3Q\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[7117,4683,4683]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Property Trading Business\\\",\\\"Rental and Other Business\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[44986,2123]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Gross Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Gross Margin\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Margin\\\",\\\"data\\\":[27.1]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Progress Comparison of Full-Year Guidance\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":[[\\\"FY2025 (Dec)\\\",\\\"Revenue\\\",\\\"68,262\\\"],[\\\"FY2026 (Dec)\\\",\\\"Revenue\\\",\\\"61,599\\\"],[\\\"FY2026 Q3 (Dec)\\\",\\\"Revenue\\\",\\\"40,928\\\"]]}\"}]","ir_related_company":17496,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-151756","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n