| Item | Current | Prior | YoY % |
|---|---|---|---|
| Net Sales | ¥3.60B | ¥4.02B | -10.4% |
| Cost of Sales | ¥2.53B | ¥2.96B | -14.6% |
| Gross Profit | ¥1.07B | ¥1.05B | +1.4% |
| SG&A Expenses | ¥882M | ¥870M | +1.4% |
| Operating Income | ¥187M | ¥183M | +2.2% |
| Non-operating Income | ¥5M | ¥2M | +203.3% |
| Non-operating Expenses | ¥3M | ¥3M | +3.3% |
| Ordinary Income | ¥188M | ¥182M | +3.3% |
| Profit Before Tax | ¥189M | ¥182M | +3.7% |
| Income Tax Expense | ¥60M | ¥61M | -0.7% |
| Net Income | ¥128M | ¥121M | +5.8% |
| Depreciation & Amortization | ¥24M | ¥14M | +69.1% |
| Interest Expense | ¥3M | ¥3M | +4.0% |
| Earnings per Unit (EPU) | ¥47.44 | ¥44.78 | +5.9% |
| Distribution per Unit (DPU) | ¥0.00 | ¥0.00 | - |
| Item | Current End | Prior End | Change |
|---|---|---|---|
| Current Assets | ¥5.62B | ¥5.23B | +¥390M |
| Cash and Deposits | ¥1.23B | ¥1.16B | +¥73M |
| Accounts Receivable | ¥45M | ¥30M | +¥16M |
| Inventories | ¥571,000 | ¥735,000 | ¥-164,000 |
| Non-current Assets | ¥900M | ¥912M | ¥-13M |
| Item | Current | Prior | Change |
|---|---|---|---|
| Operating Cash Flow | ¥-260M | ¥454M | ¥-714M |
| Investing Cash Flow | ¥-22M | ¥-31M | +¥9M |
| Financing Cash Flow | ¥337M | ¥-167M | +¥504M |
| Free Cash Flow | ¥-281M | - | - |
| Item | Value |
|---|---|
| Book Value Per Share | ¥1,641.74 |
| Net Profit Margin | 3.6% |
| Gross Profit Margin | 29.7% |
| Current Ratio | 398.7% |
| Quick Ratio | 398.7% |
| Debt-to-Equity Ratio | 0.46x |
| Interest Coverage Ratio | 54.97x |
| EBITDA Margin | 5.9% |
| Effective Tax Rate | 31.9% |
| Item | YoY Change |
|---|---|
| Net Sales YoY Change | -10.4% |
| Operating Income YoY Change | +1.8% |
| Ordinary Income YoY Change | +3.7% |
| Net Income YoY Change | +5.9% |
| Item | Value |
|---|---|
| Units Outstanding (incl. Treasury) | 2.71M shares |
| Treasury Units | 2K shares |
| Average Units Outstanding | 2.71M shares |
| NAV per Unit | ¥1,641.40 |
| EBITDA | ¥211M |
| Item | Amount |
|---|---|
| Q2 Distribution | ¥0.00 |
| Year-End Distribution | ¥40.00 |
| Segment | Revenue | Operating Income |
|---|---|---|
| RealEstateBuyingAndSelling | ¥3.43B | ¥448M |
| RealEstateLeasing | ¥112M | ¥16M |
| RealEstateRelated | ¥16M | ¥7M |
| Item | Forecast |
|---|---|
| Net Sales Forecast | ¥7.80B |
| Operating Income Forecast | ¥390M |
| Ordinary Income Forecast | ¥380M |
| Net Income Forecast | ¥250M |
| Earnings per Unit Forecast (EPU) | ¥92.23 |
| Distribution per Unit Forecast (DPU) | ¥40.00 |
| Property, Plant & Equipment | ¥705M | ¥723M | ¥-17M |
| Intangible Assets | ¥7M | ¥8M | ¥-2M |
| Total Assets | ¥6.52B | ¥6.14B | +¥377M |
| Current Liabilities | ¥1.41B | ¥938M | +¥471M |
| Accounts Payable | ¥108M | ¥107M | +¥467,000 |
| Short-term Loans | ¥867M | ¥301M | +¥567M |
| Non-current Liabilities | ¥659M | ¥775M | ¥-116M |
| Long-term Loans | ¥447M | ¥568M | ¥-121M |
| Total Liabilities | ¥2.07B | ¥1.71B | +¥356M |
| Total Equity | ¥4.45B | ¥4.43B | +¥21M |
| Capital Stock | ¥303M | ¥303M | ¥0 |
| Capital Surplus | ¥264M | ¥264M | ¥0 |
| Retained Earnings | ¥3.87B | ¥3.85B | +¥20M |
| Treasury Stock | ¥-1M | ¥-1M | ¥0 |
| Owners' Equity | ¥4.45B | ¥4.43B | +¥21M |
| Working Capital | ¥4.21B | - | - |