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32422026 Q2 / First HalfStandardJGAAP

URBANET CORPORATION (3242) FY2026 Q2 Earnings Report

For FY2026 Q2, revenue came to ¥22.3B (+180.0% year on year) and operating income ¥3.3B. The segment drivers and cash flow follow.

Real Estate/Real Estate


Financial Highlights

  • Net Sales: ¥22.30B
  • Operating Income: ¥3.26B
  • Net Income: ¥1.91B
  • EPS: ¥52.49

Income Statement

ItemCurrentPriorYoY %
Net Sales¥22.30B¥7.96B+180.0%
Cost of Sales¥17.22B¥6.46B+166.6%
Gross Profit¥5.09B¥1.51B+237.6%
SG&A Expenses¥1.83B¥1.41B+30.0%
Operating Income¥3.26B¥100M+3158.0%
Non-operating Income¥8M¥2M+375.2%
Non-operating Expenses¥424M¥334M+26.9%
Ordinary Income¥2.84B−¥232M+1325.0%
Profit Before Tax¥2.82B−¥232M+1317.1%
Income Tax Expense¥917M−¥21M+4410.4%
Net Income¥1.91B−¥211M+1004.9%
Net Income Attributable to Owners¥1.91B−¥210M+1008.1%
Total Comprehensive Income¥1.91B−¥210M+1008.1%
Depreciation & Amortization¥90M¥97M−7.3%
Interest Expense¥316M¥200M+57.7%
Basic EPS¥52.49−¥6.53+903.8%
Diluted EPS¥52.38--

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥60.23B¥53.75B+¥6.49B
Cash and Deposits¥13.64B¥11.42B+¥2.22B
Non-current Assets¥9.08B¥8.58B+¥509M
Property, Plant & Equipment¥7.94B¥7.74B+¥207M
Intangible Assets¥335M¥14M+¥321M
Goodwill¥318M--
Total Assets¥69.32B¥62.32B+¥7.00B
Current Liabilities¥15.09B¥14.67B+¥416M
Accounts Payable¥833M¥984M−¥151M
Short-term Loans¥3.49B¥2.66B+¥828M
Non-current Liabilities¥34.54B¥30.30B+¥4.24B
Long-term Loans¥33.68B¥29.79B+¥3.88B
Total Liabilities¥49.63B¥44.97B+¥4.66B
Total Equity¥19.69B¥17.35B+¥2.34B
Capital Stock¥3.97B¥3.52B+¥448M
Capital Surplus¥3.47B¥3.02B+¥448M
Retained Earnings¥12.50B¥11.02B+¥1.48B
Treasury Stock−¥243M−¥206M−¥37M
Owners' Equity¥19.69B¥17.35B+¥2.34B
Working Capital¥45.15B--

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow−¥1.47B−¥9.36B+¥7.89B
Investing Cash Flow−¥1.33B−¥1.99B+¥655M
Financing Cash Flow¥4.99B¥10.10B−¥5.11B
Free Cash Flow−¥2.81B--

Profitability Ratios

ItemValue
Net Profit Margin8.6%
Gross Profit Margin22.8%
Current Ratio399.3%
Quick Ratio399.3%
Debt-to-Equity Ratio2.52x
Interest Coverage Ratio10.31x
EBITDA Margin15.0%
Effective Tax Rate32.5%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+180.0%
Operating Income YoY Change+3158.0%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)37.57M shares
Treasury Stock659K shares
Average Shares Outstanding36.34M shares
Book Value Per Share¥533.31
EBITDA¥3.35B

Dividend Information

ItemAmount
Q2 Dividend¥11.00

Segment Information

SegmentRevenueOperating Income
Hotel¥119M¥26M
RealEstate¥22.19B¥4.10B

Full Year Forecast

ItemForecast
Net Sales Forecast¥37.04B
Operating Income Forecast¥3.62B
Ordinary Income Forecast¥2.85B
Net Income Attributable to Owners Forecast¥1.90B
Basic EPS Forecast¥54.31
Dividend Per Share Forecast¥22.00