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KI-STAR REAL ESTATE, First Half Ordinary Profit Increases by 72%, Jul-Sep Ordinary Profit Increases by 69%

Thu Nov 13, 2025 3:30 pm JST Earnings

3465 KI-STAR REAL ESTATE CO.,LTD 【J-GAAP】

Earnings Report

KI-STAR REAL ESTATE CO.,LTD <3465> [TSE Prime] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 10.3 billion yen, an increase 71.6% compared to the same period last year. Progress toward the full-year plan of 20.0 billion yen was 51.9%, also surpassing the five-year average of 43.0%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 6.0% from the same period last year, reaching 9.62 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 68.7% from the same period last year, reaching 6.44 billion yen. The operating profit margin improved from 5.2% in the same period last year to 7.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 125,484 4,642 3,957 3,016 191.4 39.1 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 150,935 6,992 6,047 3,645 233.8 40.0 Nov 11, 2024 J-GAAP
Apr - Sep, 2025 181,190 11,246 10,379 6,340 409.3 51.9 Nov 13, 2025 J-GAAP
YoY +20.0% +60.8% +71.6% +73.9% +75.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 100 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 181,190 11,246 10,379 6,340 409.3 100 Nov 13, 2025 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 191,618 10,263 9,077 5,217 335.8 86 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 188,810 11,754 9,621 5,660 364.7 100 Nov 13, 2025 J-GAAP
YoY -1.5% +14.5% +6.0% +8.5% +8.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 283,084 11,362 10,130 6,743 427.7 180 May 13, 2024 J-GAAP
Mar, 2025 342,553 17,255 15,124 8,862 570.4 151 May 15, 2025 J-GAAP
Mar, 2026 Guidance 370,000 23,000 20,000 12,000 773.2 200 May 15, 2025 J-GAAP
YoY +8.0% +33.3% +32.2% +35.4% +35.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 83,367 4,357 3,819 2,357 151.2 5.2 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 81,899 4,431 4,007 2,214 142.4 5.4 Feb 10, 2025 J-GAAP
Jan - Mar, 2025 109,719 5,832 5,070 3,003 193.3 5.3 May 15, 2025 J-GAAP
Apr - Jun, 2025 84,574 4,506 3,937 2,399 155.0 5.3 Aug 12, 2025 J-GAAP
Jul - Sep, 2025 96,616 6,740 6,442 3,941 254.4 7.0 Nov 13, 2025 J-GAAP
YoY +15.9% +54.7% +68.7% +67.2% +68.3%

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