INVESTOR RELATIONS
Forecast
Forecast for Fiscal Year 2025 Ending March 31, 2026
The forecasts and other forward-looking statements in this report are based on currently available information and certain assumptions determined as rational. Consequently, any statements herein do not constitute assurances regarding actual results by the Company. Actual performance may significantly differ from these forecasts due to various factors in the future.
Consolidated Financial Results Forecast [As of November 7, 2025]
Concerning the consolidated financial results forecast, the Company has revised the full-year consolidated financial results forecast for the fiscal year ending March 31, 2026, which was announced on May 9, 2025, after giving consideration to the operating results for the six months ended September 30, 2025, which were largely due to the strong performance in real estate agent business, sales to investors, and the outlook for the remaining period. The details are as follows.
We forecast ¥1,300.0 billion in operating revenue (up 2.4% from the initial forecast), ¥160.0 billion in operating profit (up 4.6%), ¥139.0 billion in ordinary profit (up 5.7%), and ¥90.0 billion in profit attributable to owners of parent (up 5.9%).
We plan for an ROE of 10.7% (up 0.6 percentage points).
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| FY2024 | FY2025 Forecast |
Increase (Decrease) |
|
|---|---|---|---|
| Operating revenue | 1,150,301 | 1,300,000 | 13.0% |
| Operating Profit | 140,763 | 160,000 | 13.7% |
| Ordinary Profit | 129,152 | 139,000 | 7.6% |
| Profit attributable to owners of parent | 77,562 | 90,000 | 16.0% |
Segment Forecast [As of November 7, 2025]
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| FY2024 | FY2025 Forecast |
||
|---|---|---|---|
| Urban Development | Operating revenue | 348.8 | 433.0 |
| Operating Profit | 70.5 | 75.5 | |
| Strategic Investment | Operating revenue | 110.8 | 149.9 |
| Operating Profit | 5.2 | 13.2 | |
| Property Management & Operation | Operating revenue | 365.8 | 366.5 |
| Operating Profit | 25.0 | 26.2 | |
| Real Estate Agents | Operating revenue | 345.4 | 375.0 |
| Operating Profit | 50.8 | 59.0 | |
The values for each of the above segments do not include the values for "Adjustment for Inter-Company Transactions".
Dividend payout ratio [As of November 7, 2025]
| FY2024 | FY2025 Forecast |
|
|---|---|---|
| Dividend payout ratio | 33.6% | 35.3% |