Consolidated earnings forecast for the fiscal year ending December 2026 revised downward; sales expected to be 61,599 million yen, down 22.3% from the previous forecast; net income attributable to owners of the parent expected to be 4,770 million yen, down 37.2%; diluted earnings per share unchanged at 202.58 yen. Dividend forecast revised to interim 52 yen and year-end 52 yen for a total of 104 yen. Long-term consolidated dividend payout ratio targeted at 40% or higher. 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Dividend forecast revised to interim 52 yen and year-end 52 yen for a total of 104 yen. Long-term consolidated dividend payout ratio targeted at 40% or higher. Factors include reduced demand from overseas investors and stagnation in sale of large properties.","jir_summary":"### Overview of Earnings Forecast Revision\nCentered on real estate acquisition and resale, the company revises its consolidated earnings forecast for the fiscal year ending December 2026 downward due to declines in overseas investor demand and sluggish marketing of large properties. Forecasts: sales 61,599 million yen, operating income 8,588 million yen, ordinary income 7,237 million yen, net income attributable to owners of the parent 4,770 million yen, and earnings per share 202.58 yen. Compared with the previous forecast, substantial declines are anticipated. The company will continue efforts to adapt to market conditions and expand sales channels, with a potential for recovery depending on future measures.\n\n### Dividend Forecast Revision and Long-Term Policy\nDividends are revised to a total annual amount of 104 yen, comprised of an interim 52 yen and a year-end 52 yen. The year-end dividend is reduced by 26 yen. The consolidated payout ratio is expected to be about 51.3%. The company emphasizes strengthening financial position and retaining earnings for long-term business expansion while maintaining stable dividends. The stance of prioritizing shareholder returns remains, with allocations based on earnings recovery.","jir_financial_highlights":"Sales: 61,599\u767e\u4e07\u5186 (Compared with the previous forecast (A), \u25b317,687\u767e\u4e07\u5186, \u25b322.3% decrease)\nOperating Income: 8,588\u767e\u4e07\u5186 (Compared with the previous forecast (A) of 12,398\u767e\u4e07\u5186, \u25b33,810\u767e\u4e07\u5186, \u25b330.7% decrease)\nOrdinary Income: 7,237\u767e\u4e07\u5186 (Compared with the previous forecast (A) of 11,058\u767e\u4e07\u5186, \u25b33,821\u767e\u4e07\u5186, \u25b334.6% decrease)\nNet income attributable to owners of the parent: 4,770\u767e\u4e07\u5186 (Compared with the previous forecast (A) of 7,595\u767e\u4e07\u5186, \u25b32,824\u767e\u4e07\u5186, \u25b337.2% decrease)\nEarnings per share: 202.58\u5186 (Change from previous forecast is unknown)","jir_category":"","jir_hashtags":"#MugenEstate, #EarningsForecastRevision","jir_key_figures":"61,599\u767e\u4e07\u5186: Sales (YoY -22.3%)\n8,588\u767e\u4e07\u5186: Operating income (YoY -30.7%)\n4,770\u767e\u4e07\u5186: Net income attributable to owners of the parent (YoY -37.2%)","jir_meta_title":"Mugen Estate: Earnings Forecast Revision and Dividend Forecast Review | FY2026 December Term","jir_meta_description":"Mugen Estate revises its consolidated earnings forecast and dividend forecast for the fiscal year ending December 2026. Sales 61,599 million yen, net income 4,770 million yen downward revisions. Annual dividend 104 yen, payout ratio about 51.3%. Factors include reduced overseas demand and delays in large property sales.","jir_og_title":"Mugen Estate: Revision of Earnings Forecast and Dividend Forecast","jir_og_description":"Mugen Estate revises its earnings forecast and dividend forecast for the fiscal year ending December 2026. Outlook for sales and profits lowered, dividend expected to be 104 yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17496,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-99120","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n