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89442026 Q1StandardJGAAP

LAND BUSINESS (8944) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥3.1B (-7.9% year on year) and operating loss ¥504.0M. The segment drivers and cash flow follow.

LAND BUSINESS CO.,LTD.

Real Estate/Real Estate


Financial Highlights

  • Net Sales: ¥3.06B
  • Operating Income: ¥-504M
  • Net Income: ¥-279M
  • EPS: ¥-14.07

Income Statement

ItemCurrentPriorYoY %
Net Sales¥3.06B¥3.33B−7.9%
Cost of Sales¥1.53B¥1.60B−4.8%
Gross Profit¥1.54B¥1.72B−10.8%
SG&A Expenses¥2.04B¥2.10B−2.6%
Operating Income−¥504M−¥374M−34.8%
Non-operating Income¥22M¥14M+60.1%
Non-operating Expenses¥151M¥121M+24.5%
Ordinary Income−¥633M−¥481M−31.6%
Profit Before Tax−¥640M−¥482M−32.6%
Income Tax Expense−¥360M−¥94M−282.1%
Net Income−¥279M−¥388M+28.0%
Net Income Attributable to Owners−¥279M−¥387M+27.9%
Total Comprehensive Income−¥259M−¥375M+30.9%
Interest Expense¥141M¥111M+26.6%
Basic EPS−¥14.07−¥19.55+28.0%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥37.29B¥39.01B−¥1.72B
Cash and Deposits¥5.31B¥7.55B−¥2.24B
Accounts Receivable¥871M¥636M+¥235M
Inventories¥1.47B¥1.04B+¥423M
Non-current Assets¥18.05B¥17.40B+¥653M
Property, Plant & Equipment¥13.23B¥12.60B+¥630M
Intangible Assets¥2.50B¥2.55B−¥52M
Goodwill¥844M¥865M−¥22M
Total Assets¥55.34B¥56.41B−¥1.07B
Current Liabilities¥7.30B¥7.33B−¥33M
Accounts Payable¥893M¥558M+¥335M
Short-term Loans¥2.65B¥2.79B−¥141M
Non-current Liabilities¥32.35B¥33.01B−¥659M
Long-term Loans¥25.59B¥25.90B−¥312M
Total Liabilities¥39.64B¥40.34B−¥692M
Total Equity¥15.69B¥16.07B−¥379M
Capital Stock¥4.97B¥4.97B¥0
Capital Surplus¥5.10B¥5.10B¥0
Retained Earnings¥6.81B¥7.21B−¥398M
Treasury Stock−¥1.23B−¥1.23B¥0
Owners' Equity¥15.69B¥16.07B−¥379M
Working Capital¥29.99B--

Profitability Ratios

ItemValue
Net Profit Margin−9.1%
Gross Profit Margin50.2%
Current Ratio510.9%
Quick Ratio490.8%
Debt-to-Equity Ratio2.53x
Interest Coverage Ratio−3.58x
Effective Tax Rate56.3%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−7.9%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)23.35M shares
Treasury Stock3.50M shares
Average Shares Outstanding19.85M shares
Book Value Per Share¥790.68

Segment Information

SegmentRevenueOperating Income
Clothing¥1.66B−¥136M
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥51M−¥31M
RealEstateRelated¥993M¥314M
Restaurants¥358M−¥282M

Full Year Forecast

ItemForecast
Net Sales Forecast¥19.65B
Operating Income Forecast¥1.50B
Ordinary Income Forecast¥1.01B
Net Income Attributable to Owners Forecast¥515M
Basic EPS Forecast¥25.95
Dividend Per Share Forecast¥6.00